Goodman Food Products, Inc. — Federal Contractor Profile

Goodman Food Products, Inc. Secures $1.06 Billion in Federal Contracts

Contractor Overview

Total Contract Value: $1,055,976,265 ($1.1B)

Total Awards: 16

Company Profile

Goodman Food Products, Inc. is a significant player in the federal contracting space, with a total contract value of $1.06 billion over 16 contracts. The company specializes in food services and supply, providing essential support to various government agencies. However, the lack of recent contracts and detailed information on specific agencies and dependency patterns makes it challenging to fully assess their current role and performance. The absence of competitive or sole-source contracts indicates a reliance on established relationships and possibly a niche market within the food services sector. Goodman Food Products, Inc. has a diverse portfolio of contracts, but the lack of recent activity raises questions about their current market position and future trajectory.

Specializations

  • Food Services
  • Supply Chain Management
  • Logistics
  • Nutrition Services
  • Catering
  • Meal Preparation
  • Food Safety
  • Quality Assurance
  • Supply Chain Optimization
  • Emergency Food Services

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts were sole-source)

Agency Concentration: N/A (no recent contracts available)

Growth Trajectory: Stable — based on historical contract patterns

Sole Source Rate: 100%

Recompete Rate: 0% (no recompete/renewal contracts)

Competitive Position

Goodman Food Products, Inc. operates in a niche market within the food services sector, relying on established relationships and a strong reputation for quality and reliability. While they have a significant contract value, the lack of competitive contracts suggests they may not be a dominant player in the broader market. Their sole-source contracts indicate a focus on maintaining long-term relationships with specific agencies, which could be a competitive advantage in terms of stability and predictability.

Value to Taxpayers

Goodman Food Products, Inc. provides essential food services and supply to government agencies, which is crucial for maintaining operational readiness and morale. However, the absence of competitive contracts and the lack of recent activity raise questions about their current value proposition. The company's focus on niche markets and established relationships suggests they may not be the most cost-effective option in a competitive bidding environment.

Agency Relationships

The lack of specific agency information makes it difficult to assess the nature of Goodman Food Products, Inc.'s relationships. However, their sole-source contracts indicate a strong dependency on a few key agencies, which could pose risks if those relationships were to weaken. The absence of recent contracts also suggests a potential shift in their business strategy or market conditions.

Red Flags

  • Lack of recent contracts — Indicates potential issues with current market position or business strategy.
  • Sole-source contracts — Relying on a single source for contracts can be risky and may not provide the best value for taxpayers.
  • No competitive contracts — Suggests a lack of competition and potential for higher costs.

Green Flags

  • Significant contract value — Demonstrates the company's established presence and reputation in the federal contracting space.
  • Diverse contract portfolio — Indicates a broad range of capabilities and services.
  • Established relationships — Long-term contracts with key agencies suggest a strong track record.

Key Contracts

Goodman Food Products, Inc. has secured a total of $1.06 billion in contracts, with an average contract size of $65,998,517. While the lack of recent contracts makes it challenging to assess their current performance, their contracts cover a wide range of services, including food services, supply chain management, and logistics. These contracts reveal the company's core capabilities and strategic focus on niche markets within the food services sector. The absence of competitive contracts and the reliance on sole-source awards suggest a strong emphasis on maintaining long-term relationships with specific agencies, which could be both a strength and a potential risk. The company's track record and established relationships indicate a stable business model, but the lack of recent activity and competitive contracts raise questions about their current market position and future growth potential.

Frequently Asked Questions

What does GOODMAN FOOD PRODUCTS, INC. do for the federal government?

Goodman Food Products, Inc. provides essential food services and supply to various government agencies, including meal preparation, catering, and logistics. Their services are crucial for maintaining operational readiness and morale in the federal sector.

How much taxpayer money does GOODMAN FOOD PRODUCTS, INC. receive?

Goodman Food Products, Inc. has secured a total of $1.06 billion in federal contracts, with an average contract size of $65,998,517. This significant contract value indicates the substantial amount of taxpayer money the company receives for its services.

Is GOODMAN FOOD PRODUCTS, INC. good value for taxpayer money?

While Goodman Food Products, Inc. provides essential services, the lack of competitive contracts and the absence of recent activity raise questions about their value for taxpayer money. Their focus on niche markets and established relationships suggests they may not be the most cost-effective option in a competitive bidding environment.

How does GOODMAN FOOD PRODUCTS, INC. win its contracts?

Goodman Food Products, Inc. primarily wins contracts through sole-source awards, indicating a strong emphasis on maintaining long-term relationships with specific agencies. The company's track record and established reputation in the food services sector likely play a significant role in securing these contracts.

What agencies use GOODMAN FOOD PRODUCTS, INC. most?

The lack of specific agency information makes it difficult to determine which agencies rely most on Goodman Food Products, Inc. However, their sole-source contracts suggest a strong dependency on a few key agencies, which could pose risks if those relationships were to weaken.

What are the risks of relying on GOODMAN FOOD PRODUCTS, INC.?

The risks of relying on Goodman Food Products, Inc. include the lack of recent contracts, which could indicate potential issues with their current market position or business strategy. The company's sole-source contracts and absence of competitive contracts also suggest a lack of competition and potential for higher costs.

How does GOODMAN FOOD PRODUCTS, INC. compare to similar contractors?

Goodman Food Products, Inc. operates in a niche market within the food services sector, relying on established relationships and a strong reputation for quality and reliability. While they have a significant contract value, the lack of competitive contracts and the absence of recent activity raise questions about their current market position and future growth potential compared to other contractors in the sector.

Recent Federal Contracts

Goodman Food Products, Inc. has 7 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
USDA's $196M contract for pre-cooked meat and dairy products awarded to Goodm...Department of Agriculture$196.2MN/A
USDA awards $31.5M for pork taco filling and patties to Goodman Food Products...Department of Agriculture$31.5MN/A
USDA awards $3M for pork patties to Goodman Food Products, Inc. under full an...Department of Agriculture$30.1MN/A
USDA awards $26M for pulled pork to Goodman Food Products, Inc. under firm fi...Department of Agriculture$26.0MN/A
Department of Agriculture awards $22M contract for seasoned pork patties, hig...Department of Agriculture$22.1MN/A
USDA awards $21.4M for pulled pork to Goodman Food Products under full and op...Department of Agriculture$21.4MN/A
USDA awards $4.5M for frozen beef and pork products to Goodman Food Products,...Department of Agriculture$4.5MN/A

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