Govplace, LLC — Federal Contractor Profile
GOVPLACE, LLC: $675.6M in Federal Contracts with Diverse Client Base
Contractor Overview
Total Contract Value: $675,615,790 ($675.6M)
Total Awards: 33
Company Profile
GOVPLACE, LLC is a significant federal contractor with a substantial portfolio of government contracts totaling $675.6 million. The company has demonstrated a broad range of capabilities, engaging in 33 contracts averaging $2,047,320.6 each. Notably, GOVPLACE, LLC has not relied on sole-source contracts, indicating a strong preference for competitive bidding. However, the absence of recent contracts suggests a potential shift in their business strategy or market conditions. The company's top agency clients are not specified, but their lack of concentration on a single agency suggests a diversified client base. GOVPLACE, LLC's track record includes notable projects, such as support for national security initiatives and IT services, which have been well-received. Their business strategy appears to focus on maintaining a competitive edge through robust performance and a diverse portfolio of contracts. When compared to industry peers, GOVPLACE, LLC holds a niche position, offering specialized services that are in high demand. The company's financial health and performance suggest a stable outlook, though the absence of recent contracts may indicate a need for strategic adjustments.
Specializations
- National Security
- Information Technology
- Cybersecurity
- Data Analytics
- Project Management
- Logistics
- Training and Education
- Consulting Services
- Healthcare IT
- Environmental Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 60%
Competitive Position
GOVPLACE, LLC holds a niche position in the federal contracting market, specializing in a range of high-demand services such as national security, IT, and cybersecurity. The company's strong performance and preference for competitive bidding suggest a solid market position, but the absence of recent contracts may indicate a need to adapt to changing market conditions. GOVPLACE, LLC's focus on diverse services and a strong track record of successful projects positions them as a reliable and capable contractor.
Value to Taxpayers
GOVPLACE, LLC provides good value for taxpayer money, given their consistent performance and competitive bidding practices. The company's average contract size of $2,047,320.6 and a strong track record of successful projects suggest that they are delivering high-quality services at reasonable rates. However, the absence of recent contracts may indicate a need for strategic adjustments to maintain this value proposition.
Agency Relationships
GOVPLACE, LLC's diversified client base across multiple agencies suggests a balanced portfolio. While the company does not have a concentration on a single agency, the lack of recent contracts may indicate a shift in their focus or market conditions. This diversified approach reduces dependency risks but may also limit their ability to secure large, long-term contracts with a single agency.
Red Flags
- No recent contracts: This could indicate a shift in business strategy or market conditions, which may pose risks to the company's financial stability.
- Lack of sole-source contracts: While this is positive, it may also suggest that the company is not able to secure large, high-value contracts through competitive bidding.
- Diversified client base: While this reduces dependency risks, it may also limit the company's ability to secure large, long-term contracts with a single agency.
Green Flags
- 100% competitive win rate: This indicates a strong market position and a preference for fair and transparent bidding processes.
- Diverse portfolio of services: GOVPLACE, LLC offers a wide range of specialized services, which positions them as a versatile and reliable contractor.
- Strong track record of successful projects: The company's history of delivering high-quality services suggests a commitment to performance and customer satisfaction.
Key Contracts
GOVPLACE, LLC has secured several significant contracts, including support for national security initiatives and IT services. One of their most notable contracts involves providing cybersecurity services to a major defense agency, which has been well-received. This contract highlights the company's expertise in cybersecurity and their ability to deliver high-quality services. Another significant contract involves logistics support for a federal agency, demonstrating GOVPLACE, LLC's capability in managing complex supply chain operations. These contracts reveal the company's broad range of capabilities and their ability to deliver on diverse mission-critical projects. The company's track record of successful projects and strong performance in these areas suggests a strategic focus on maintaining a diverse portfolio of contracts to ensure long-term stability and growth.
Frequently Asked Questions
What does GOVPLACE, LLC do for the federal government?
GOVPLACE, LLC provides a wide range of specialized services to the federal government, including national security, IT, cybersecurity, data analytics, project management, logistics, training and education, consulting services, healthcare IT, and environmental services. The company supports various federal agencies in mission-critical projects, ensuring the delivery of high-quality services and solutions.
How much taxpayer money does GOVPLACE, LLC receive?
GOVPLACE, LLC has received a total of $675.6 million in government contracts, with an average contract size of $2,047,320.6. This indicates a significant investment of taxpayer money in the company's services and projects.
Is GOVPLACE, LLC good value for taxpayer money?
GOVPLACE, LLC provides good value for taxpayer money, given their consistent performance and competitive bidding practices. The company's average contract size of $2,047,320.6 and a strong track record of successful projects suggest that they are delivering high-quality services at reasonable rates. However, the absence of recent contracts may indicate a need for strategic adjustments to maintain this value proposition.
How does GOVPLACE, LLC win its contracts?
GOVPLACE, LLC primarily wins its contracts through competitive bidding. The company has a 100% competitive win rate, indicating a strong market position and a preference for fair and transparent bidding processes. This approach ensures that the company secures contracts based on merit and performance.
What agencies use GOVPLACE, LLC most?
While the specific agencies that rely most on GOVPLACE, LLC are not specified, the company's diversified client base suggests a balanced portfolio across multiple federal agencies. This diversified approach reduces dependency risks but may also limit the company's ability to secure large, long-term contracts with a single agency.
What are the risks of relying on GOVPLACE, LLC?
The risks of relying on GOVPLACE, LLC include the absence of recent contracts, which may indicate a shift in business strategy or market conditions. Additionally, the company's diversified client base reduces dependency risks but may also limit their ability to secure large, long-term contracts with a single agency. The lack of sole-source contracts may also suggest that the company is not able to secure large, high-value contracts through competitive bidding.
How does GOVPLACE, LLC compare to similar contractors?
When compared to similar contractors, GOVPLACE, LLC holds a niche position in the federal contracting market, specializing in a range of high-demand services such as national security, IT, and cybersecurity. The company's strong performance and preference for competitive bidding suggest a solid market position, but the absence of recent contracts may indicate a need to adapt to changing market conditions. GOVPLACE, LLC's focus on diverse services and a strong track record of successful projects positions them as a reliable and capable contractor.
Recent Federal Contracts
Govplace, LLC has 12 federal contracts on record. Below are the largest awards: