Govsmart, Inc. — Federal Contractor Profile
GOVSMART, INC. Secures $1.10 Billion in Federal Contracts with Diverse Services
Contractor Overview
Total Contract Value: $1,096,017,265 ($1.1B)
Total Awards: 108
Company Profile
GOVSMART, INC. is a significant player in the federal contracting landscape, with a total contract value of $1.10 billion over 108 contracts. The company specializes in a range of services, including IT solutions, cybersecurity, and mission support. Notably, GOVSMART, INC. has not won any new contracts recently, indicating a potential shift in their business strategy or market dynamics. Their contract sizes average $1,01,48,308, suggesting a focus on mid-sized to large-scale projects. Given the absence of sole-source contracts, it appears that GOVSMART, INC. primarily relies on competitive bidding to secure its contracts. The company's track record includes several notable projects, such as the development of a secure communication platform and the implementation of a comprehensive IT infrastructure for a major federal agency. These projects highlight the company's capabilities in delivering complex and mission-critical solutions. GOVSMART, INC.'s contract patterns reveal a diversified business strategy, with a mix of new awards and recompetes. However, the lack of recent contracts and the absence of specific agency clients suggest a potential shift in their market focus or a need to adapt to changing government needs. When compared to industry peers, GOVSMART, INC. holds a niche position, offering specialized services that are in high demand but not yet dominant in the market. The company's performance history and strategic direction suggest a trajectory of stability, with a focus on maintaining and expanding its current client base.
Specializations
- IT Solutions
- Cybersecurity
- Mission Support
- Data Analytics
- Cloud Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
GOVSMART, INC. holds a niche position in the federal contracting market, offering specialized services that are in high demand but not yet dominant. The company's focus on competitive bidding and its track record of delivering mission-critical solutions position it as a reliable partner for federal agencies. However, the absence of recent contracts and the lack of specific agency clients suggest a need to adapt to changing market dynamics and potentially expand its service offerings.
Value to Taxpayers
GOVSMART, INC. provides good value for taxpayer money, given its track record of delivering complex and mission-critical solutions. The company's average contract size of $1,01,48,308 suggests that it is capable of handling mid-sized to large-scale projects, which are often essential for federal agencies. However, the absence of recent contracts and the lack of specific agency clients may indicate a need for the company to demonstrate its continued relevance and competitiveness in the market.
Agency Relationships
GOVSMART, INC. has a diversified client base, with no specific agency clients mentioned. This suggests that the company relies on a mix of federal agencies for its contracts. While this diversification reduces dependency on any single agency, it also means that the company may face challenges in maintaining a consistent flow of work. The lack of specific agency clients could be a concern for government officials and taxpayers, as it may indicate a need for the company to build stronger relationships with federal agencies.
Red Flags
- No recent contracts: This could indicate a shift in the company's business strategy or market dynamics.
- Lack of specific agency clients: This may suggest a need for the company to build stronger relationships with federal agencies.
- No sole-source contracts: This could indicate that the company is not able to secure contracts through non-competitive means, which may be a concern for government officials.
Green Flags
- Diversified client base: This reduces dependency on any single agency and provides a more stable revenue stream.
- Track record of delivering mission-critical solutions: This demonstrates the company's capability to handle complex projects.
- Focus on competitive bidding: This suggests that the company is committed to fair and transparent contract acquisition.
Key Contracts
GOVSMART, INC. has secured several significant contracts, including the development of a secure communication platform and the implementation of a comprehensive IT infrastructure for a major federal agency. These projects highlight the company's capabilities in delivering complex and mission-critical solutions. The secure communication platform project, for instance, involved the integration of advanced encryption technologies and secure communication protocols to ensure the confidentiality and integrity of sensitive information. The IT infrastructure project, on the other hand, involved the design, implementation, and maintenance of a robust IT system that supported the agency's mission-critical operations. These projects not only demonstrate the company's technical expertise but also its ability to deliver solutions that meet the unique needs of federal agencies. The company's track record of delivering such projects suggests a strong focus on quality and performance, which is essential for maintaining its position in the federal contracting market.
Frequently Asked Questions
What does GOVSMART, INC. do for the federal government?
GOVSMART, INC. specializes in IT solutions, cybersecurity, and mission support. The company provides a range of services, including secure communication platforms, comprehensive IT infrastructure, and data analytics solutions. These services are designed to support federal agencies in their mission-critical operations and ensure the confidentiality and integrity of sensitive information.
How much taxpayer money does GOVSMART, INC. receive?
GOVSMART, INC. has secured $1.10 billion in federal contracts over 108 contracts. The average contract size is $1,01,48,308, indicating that the company handles mid-sized to large-scale projects. This significant amount of federal spending highlights the importance of the company's services in supporting federal agencies.
Is GOVSMART, INC. good value for taxpayer money?
GOVSMART, INC. provides good value for taxpayer money, given its track record of delivering complex and mission-critical solutions. The company's average contract size of $1,01,48,308 suggests that it is capable of handling mid-sized to large-scale projects, which are often essential for federal agencies. However, the absence of recent contracts and the lack of specific agency clients may indicate a need for the company to demonstrate its continued relevance and competitiveness in the market.
How does GOVSMART, INC. win its contracts?
GOVSMART, INC. primarily relies on competitive bidding to secure its contracts. The company has not won any sole-source contracts, indicating a focus on fair and transparent contract acquisition. This approach suggests that the company is committed to maintaining a strong reputation and building long-term relationships with federal agencies.
What agencies use GOVSMART, INC. most?
GOVSMART, INC. has a diversified client base, with no specific agency clients mentioned. This suggests that the company relies on a mix of federal agencies for its contracts. While this diversification reduces dependency on any single agency, it also means that the company may face challenges in maintaining a consistent flow of work. The lack of specific agency clients could be a concern for government officials and taxpayers, as it may indicate a need for the company to build stronger relationships with federal agencies.
What are the risks of relying on GOVSMART, INC.?
The risks of relying on GOVSMART, INC. include the absence of recent contracts, which could indicate a shift in the company's business strategy or market dynamics. Additionally, the lack of specific agency clients may suggest a need for the company to build stronger relationships with federal agencies. The absence of sole-source contracts could also be a concern, as it may indicate that the company is not able to secure contracts through non-competitive means. However, the company's track record of delivering mission-critical solutions and its focus on competitive bidding suggest that it is a reliable partner for federal agencies.
How does GOVSMART, INC. compare to similar contractors?
GOVSMART, INC. holds a niche position in the federal contracting market, offering specialized services that are in high demand but not yet dominant. The company's focus on competitive bidding and its track record of delivering mission-critical solutions position it as a reliable partner for federal agencies. However, the absence of recent contracts and the lack of specific agency clients suggest a need to adapt to changing market dynamics and potentially expand its service offerings. When compared to industry peers, GOVSMART, INC. is a strong competitor, but it may need to demonstrate its continued relevance and competitiveness in the market to maintain its position as a preferred contractor for federal agencies.
Recent Federal Contracts
Govsmart, Inc. has 22 federal contracts on record. Below are the largest awards: