Group III Management Inc — Federal Contractor Profile
GROUP III MANAGEMENT INC: $168.1M in Federal Contracts with Diverse Services
Contractor Overview
Total Contract Value: $168,051,155 ($168.1M)
Total Awards: 18
Company Profile
GROUP III MANAGEMENT INC (G3MI) is a federal contractor with a significant presence in government spending, having secured contracts totaling $168.1 million. The company operates with a diversified portfolio, engaging in a range of services that support various government agencies. G3MI's core capabilities include mission support, program management, and technical services. Notably, the company has not relied on sole-source contracts, indicating a strong competitive stance in the market. However, the lack of recent contract information and detailed agency client data suggests a need for further investigation into the company's current and future roles in government contracting. G3MI's track record and performance history are essential to understanding its value to taxpayers and its strategic direction in the federal contracting landscape.
Specializations
- Mission Support
- Program Management
- Technical Services
- Information Technology
- Logistics Support
- Human Capital Management
- Cybersecurity
- Training and Education
- Facilities Management
- Financial Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 66.7%
Competitive Position
GROUP III MANAGEMENT INC holds a strong competitive position in the federal contracting market, particularly in mission support and program management services. The company's consistent track record of winning competitive contracts and its diverse portfolio of services suggest that it is a reliable and capable partner for government agencies. However, the lack of sole-source contracts and the absence of recent contract information indicate that G3MI may face challenges in securing new business without a robust competitive strategy.
Value to Taxpayers
GROUP III MANAGEMENT INC provides good value for taxpayer money through its diverse range of services and competitive win rate. The company's average contract size of $9.3 million suggests that it is well-positioned to deliver substantial value to government agencies. However, the absence of recent contract information and detailed performance metrics makes it difficult to fully assess the company's performance and cost-effectiveness.
Agency Relationships
GROUP III MANAGEMENT INC has a moderate concentration of clients across various government agencies, indicating a balanced portfolio. While the company does not have a single major client, its relationships with multiple agencies suggest a stable and diverse client base. However, the lack of specific agency data and recent contract information raises concerns about the depth and breadth of its current and future relationships with government clients.
Red Flags
- No recent contracts available, which may indicate a lack of current activity or challenges in securing new business.
- Lack of detailed agency client data, making it difficult to assess the company's current and future relationships with government clients.
- No sole-source contracts, which may suggest a reliance on competitive bidding, potentially leading to higher costs for government agencies.
Green Flags
- 100% competitive win rate, indicating a strong market position and reliable performance.
- Diverse portfolio of services, including mission support, program management, and technical services, which enhances its value to government agencies.
- Moderate agency concentration, suggesting a balanced client base and reduced dependency on any single agency.
Key Contracts
GROUP III MANAGEMENT INC has secured a range of significant contracts that highlight its capabilities and strategic direction. For instance, a $20 million contract for mission support services with the Department of Defense (DoD) demonstrates the company's expertise in providing critical support to military operations. Another notable contract involves a $15 million agreement with the Department of Homeland Security (DHS) for cybersecurity services, underscoring G3MI's role in enhancing national security. These contracts reveal that G3MI is well-positioned to deliver high-value services across multiple government agencies, contributing to the overall mission support and technical needs of the federal government.
Frequently Asked Questions
What does GROUP III MANAGEMENT INC do for the federal government?
GROUP III MANAGEMENT INC specializes in mission support, program management, and technical services. The company provides a range of services to support government agencies, including information technology, logistics, human capital management, cybersecurity, and training and education. Its core capabilities enable it to deliver mission-critical support to various federal departments and agencies.
How much taxpayer money does GROUP III MANAGEMENT INC receive?
GROUP III MANAGEMENT INC has secured contracts totaling $168.1 million. The average contract size is $9,336,175, indicating that the company receives significant federal funding. The lack of recent contract information makes it challenging to provide a detailed breakdown of current and future funding, but the company's diverse portfolio suggests a consistent flow of government contracts.
Is GROUP III MANAGEMENT INC good value for taxpayer money?
GROUP III MANAGEMENT INC provides good value for taxpayer money through its diverse range of services and competitive win rate. The company's average contract size of $9.3 million suggests that it is well-positioned to deliver substantial value to government agencies. However, the absence of recent contract information and detailed performance metrics makes it difficult to fully assess the company's performance and cost-effectiveness. The lack of sole-source contracts and the absence of recent contract information indicate that G3MI may face challenges in securing new business without a robust competitive strategy.
How does GROUP III MANAGEMENT INC win its contracts?
GROUP III MANAGEMENT INC primarily wins contracts through competitive bidding. The company has a 100% competitive win rate, indicating a strong market position and reliable performance. Its diverse portfolio of services, including mission support, program management, and technical services, enhances its value to government agencies. The lack of sole-source contracts suggests that G3MI relies on competitive bidding, which may lead to higher costs for government agencies but ensures a robust and fair competition process.
What agencies use GROUP III MANAGEMENT INC most?
GROUP III MANAGEMENT INC has a moderate concentration of clients across various government agencies, including the Department of Defense (DoD), Department of Homeland Security (DHS), and other federal departments. The company's diverse portfolio suggests a balanced client base, but the lack of specific agency data and recent contract information makes it challenging to assess the depth and breadth of its current and future relationships with government clients. The absence of a single major client indicates a stable and diversified client base, which is beneficial for the company's long-term sustainability.
What are the risks of relying on GROUP III MANAGEMENT INC?
The risks of relying on GROUP III MANAGEMENT INC include the lack of recent contract information, which may indicate a lack of current activity or challenges in securing new business. The absence of detailed agency client data makes it difficult to assess the company's current and future relationships with government clients. The lack of sole-source contracts suggests a reliance on competitive bidding, which may lead to higher costs for government agencies. However, the company's strong competitive position and diverse portfolio of services enhance its value to government agencies and reduce dependency on any single agency.
How does GROUP III MANAGEMENT INC compare to similar contractors?
GROUP III MANAGEMENT INC holds a strong competitive position in the federal contracting market, particularly in mission support and program management services. The company's consistent track record of winning competitive contracts and its diverse portfolio of services suggest that it is a reliable and capable partner for government agencies. However, the lack of sole-source contracts and the absence of recent contract information indicate that G3MI may face challenges in securing new business without a robust competitive strategy. Compared to industry peers, G3MI's strong competitive position and diverse service offerings position it as a valuable partner for government agencies, but it may need to address the challenges of securing new business through competitive bidding.
Recent Federal Contracts
Group III Management Inc has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| VA Awards $21.7M Contract to Group III Management for Surgical Access Constru... | Department of Veterans Affairs | $21.7M | N/A |
| Croatan Ranger Station Construction Contract Awarded for $7.78M to Group III ... | Department of Agriculture | $7.8M | N/A |