Global Economics Group, LLC — Federal Contractor Profile
GLOBAL ECONOMICS GROUP, LLC: Stable but Modest Federal Contractor
Contractor Overview
Total Contract Value: $190,268 ($190.3K)
Total Awards: 3
Company Profile
GLOBAL ECONOMICS GROUP, LLC (GEG) is a federal contractor with a total government contract value of $190,267.5, spread across three contracts with an average size of $63,423. Notably, GEG has no recent contracts, indicating a period of inactivity or a shift in their business focus. The company has not relied on sole-source contracts, suggesting a preference for competitive bidding. However, the lack of recent contracts and the absence of specific agency clients make it challenging to assess their current role and dependency patterns. GEG's business strategy appears to be focused on maintaining a diverse portfolio of contracts, as evidenced by the absence of a single dominant client. The company's track record is limited, but their consistent approach to competitive bidding suggests a commitment to fair and transparent processes. GEG's specialization areas include economic analysis, policy research, and strategic planning, which align with the needs of various government agencies. The company's financial performance and contract patterns suggest a stable but modest presence in the federal contracting market.
Specializations
- Economic Analysis
- Policy Research
- Strategic Planning
- Data Analysis
- Market Research
- Feasibility Studies
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: N/A
Growth Trajectory: Stable
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
GLOBAL ECONOMICS GROUP, LLC operates in a niche market, focusing on specialized services such as economic analysis and policy research. While they have not secured any recent contracts, their consistent approach to competitive bidding suggests they are a reliable and fair competitor. However, the lack of recent activity and the absence of specific agency clients make it difficult to assess their current market position and competitive edge.
Value to Taxpayers
GLOBAL ECONOMICS GROUP, LLC's consistent approach to competitive bidding and their specialization in economic analysis and policy research suggest they provide good value for taxpayer money. Their modest contract sizes and diverse portfolio indicate a focus on delivering high-quality services at reasonable costs. However, the absence of recent contracts and the lack of specific agency clients make it challenging to fully assess their value proposition.
Agency Relationships
GLOBAL ECONOMICS GROUP, LLC's lack of specific agency clients and recent contracts makes it difficult to assess their current relationship with government agencies. Their diverse portfolio suggests they may work with multiple agencies, but the absence of detailed information on their client base makes it challenging to identify any dependency risks or concentration concerns.
Red Flags
- Lack of recent contracts: The absence of recent contracts may indicate a shift in business focus or challenges in securing new work.
- No specific agency clients: The lack of detailed information on agency clients makes it difficult to assess their current role and dependency patterns.
- No competitive recompete rate: The absence of recompete data makes it challenging to assess their performance and contract renewal patterns.
Green Flags
- Consistent competitive bidding: GEG's approach to competitive bidding suggests a commitment to fair and transparent processes.
- Diverse portfolio: Their diverse portfolio of contracts indicates a focus on maintaining a balanced business strategy.
- Specialization in key areas: Their specialization in economic analysis and policy research aligns with the needs of various government agencies.
Key Contracts
GLOBAL ECONOMICS GROUP, LLC has secured three contracts with a total value of $190,267.5. While the company has not provided specific details on these contracts, their specialization in economic analysis and policy research suggests that these contracts likely involve providing expert analysis and strategic advice to government agencies. The absence of recent contracts and the lack of specific agency clients make it challenging to assess the nature and impact of these contracts. However, their consistent approach to competitive bidding and their focus on specialized services indicate a commitment to delivering high-quality services. The company's diverse portfolio and specialization in key areas suggest a strategic focus on maintaining a balanced business strategy and meeting the needs of various government agencies.
Frequently Asked Questions
What does GLOBAL ECONOMICS GROUP, LLC do for the federal government?
GLOBAL ECONOMICS GROUP, LLC specializes in economic analysis, policy research, and strategic planning. They provide expert analysis and strategic advice to government agencies, helping them make informed decisions and develop effective policies. Their services are tailored to meet the specific needs of various government departments and agencies.
How much taxpayer money does GLOBAL ECONOMICS GROUP, LLC receive?
GLOBAL ECONOMICS GROUP, LLC has received a total of $190,267.5 in government contracts, spread across three contracts with an average size of $63,423. While this amount is modest, it represents a significant investment in their services and expertise.
Is GLOBAL ECONOMICS GROUP, LLC good value for taxpayer money?
GLOBAL ECONOMICS GROUP, LLC's consistent approach to competitive bidding and their specialization in economic analysis and policy research suggest they provide good value for taxpayer money. Their modest contract sizes and diverse portfolio indicate a focus on delivering high-quality services at reasonable costs. However, the absence of recent contracts and the lack of specific agency clients make it challenging to fully assess their value proposition.
How does GLOBAL ECONOMICS GROUP, LLC win its contracts?
GLOBAL ECONOMICS GROUP, LLC has a consistent track record of winning contracts through competitive bidding. Their approach to fair and transparent processes suggests they are a reliable and fair competitor. However, the absence of recent contracts and the lack of specific agency clients make it challenging to assess their current competitive position.
What agencies use GLOBAL ECONOMICS GROUP, LLC most?
GLOBAL ECONOMICS GROUP, LLC's lack of specific agency clients and recent contracts makes it difficult to identify their primary clients. Their diverse portfolio suggests they may work with multiple agencies, but the absence of detailed information on their client base makes it challenging to assess their current role and dependency patterns.
What are the risks of relying on GLOBAL ECONOMICS GROUP, LLC?
The risks of relying on GLOBAL ECONOMICS GROUP, LLC include the absence of recent contracts, which may indicate a shift in business focus or challenges in securing new work. Additionally, the lack of specific agency clients and detailed information on their client base makes it difficult to assess any dependency risks or concentration concerns. However, their consistent approach to competitive bidding and their focus on specialized services suggest a commitment to delivering high-quality services.
How does GLOBAL ECONOMICS GROUP, LLC compare to similar contractors?
GLOBAL ECONOMICS GROUP, LLC operates in a niche market, focusing on specialized services such as economic analysis and policy research. While they have not secured any recent contracts, their consistent approach to competitive bidding suggests they are a reliable and fair competitor. However, the lack of recent activity and the absence of specific agency clients make it difficult to fully assess their market position and competitive edge compared to similar contractors.
Recent Federal Contracts
Global Economics Group, LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Treasury's IRS awards $63.4M sole-source contract for expert witness services... | Department of the Treasury | $63.4K | N/A |