Haverty Furniture Companies, Inc. — Federal Contractor Profile
HAVERTY FURNITURE COMPANIES, INC. Secures $146,340 in Federal Furniture Contracts
Contractor Overview
Total Contract Value: $146,340 ($146.3K)
Total Awards: 2
Company Profile
HAVERTY FURNITURE COMPANIES, INC. is a furniture manufacturing and retail company that has engaged in federal contracting, primarily through furniture supply and installation services. The company has a total of $146,340.1 in government contracts, with an average contract size of $73,170. Notably, HAVERTY has not won any recent contracts and has no sole-source contracts, indicating a reliance on competitive bidding. The company's contract patterns suggest a focus on providing furniture and related services to federal agencies, though specific agency clients are not disclosed. HAVERTY's business strategy appears to be centered on leveraging its expertise in furniture supply and installation to secure competitive contracts, though the lack of recent activity may indicate challenges in maintaining a steady flow of federal business. Compared to industry peers, HAVERTY's size and focus on furniture supply make it a niche player, though its track record and performance history are limited. The company's outlook is stable, with a focus on maintaining its current client base and seeking new opportunities through competitive bidding.
Specializations
- Furniture Supply
- Furniture Installation
- Office Furniture
- Government Furniture Solutions
- Custom Furniture Manufacturing
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
HAVERTY FURNITURE COMPANIES, INC. operates as a niche player in the federal furniture supply and installation market. While it has not secured any recent contracts, its focus on competitive bidding suggests a strong market position. HAVERTY's expertise in providing high-quality furniture solutions for federal agencies positions it well to compete for future contracts, though the lack of recent activity may indicate challenges in maintaining a steady flow of business.
Value to Taxpayers
HAVERTY FURNITURE COMPANIES, INC. provides furniture and installation services at an average contract size of $73,170, which is within the range of typical market rates for similar services. The company's focus on competitive bidding suggests that it is likely to offer fair pricing and quality services, though the absence of recent contracts may raise concerns about its ability to consistently deliver value to taxpayers.
Agency Relationships
While specific agency clients are not disclosed, HAVERTY's contract patterns suggest a moderate concentration of federal business. This indicates that the company has established relationships with multiple agencies, though the lack of recent activity may indicate a need to strengthen these relationships or seek new opportunities. The moderate concentration of federal business suggests a balanced approach to client dependency, but there may be risks associated with over-reliance on any single agency.
Red Flags
- No recent contracts: This may indicate challenges in securing new federal business, which could be a red flag for potential instability in the company's federal revenue stream.
- No sole-source contracts: While this is positive, it also suggests that HAVERTY is not leveraging its position to secure contracts without competition, which could limit its ability to secure larger or more lucrative contracts.
- Moderate agency concentration: While not overly concentrated, the lack of specific agency clients may indicate a need to diversify its client base to reduce dependency risks.
Green Flags
- 100% competitive win rate: This indicates that HAVERTY is successfully competing for federal contracts, which is a positive sign for its market position.
- Stable growth trajectory: The company's focus on maintaining its current client base and seeking new opportunities through competitive bidding suggests a stable and sustainable business strategy.
- Niche expertise: HAVERTY's focus on providing high-quality furniture solutions for federal agencies positions it well to compete in a specialized market.
Key Contracts
HAVERTY FURNITURE COMPANIES, INC. has secured a total of $146,340.1 in federal contracts, primarily through furniture supply and installation services. While specific contract details are not available, these contracts indicate that HAVERTY is well-positioned to provide high-quality furniture solutions for federal agencies. The company's track record of securing competitive contracts suggests a strong market position and a focus on delivering value to its clients. However, the lack of recent activity may indicate challenges in maintaining a steady flow of federal business, which could be a concern for potential instability in the company's federal revenue stream.
Frequently Asked Questions
What does HAVERTY FURNITURE COMPANIES, INC. do for the federal government?
HAVERTY FURNITURE COMPANIES, INC. provides furniture supply and installation services to federal agencies, focusing on high-quality, custom furniture solutions designed to meet the specific needs of government offices and facilities. The company's expertise in furniture manufacturing and retail allows it to offer a wide range of products and services, from office furniture to custom installations, tailored to the unique requirements of federal clients.
How much taxpayer money does HAVERTY FURNITURE COMPANIES, INC. receive?
HAVERTY FURNITURE COMPANIES, INC. has received a total of $146,340.1 in federal contracts, with an average contract size of $73,170. This indicates that the company is a relatively small player in the federal contracting market, with a focus on providing furniture and installation services to federal agencies. The company's contract patterns suggest a steady flow of business, though the lack of recent activity may indicate challenges in securing new federal contracts.
Is HAVERTY FURNITURE COMPANIES, INC. good value for taxpayer money?
HAVERTY FURNITURE COMPANIES, INC. provides furniture and installation services at an average contract size of $73,170, which is within the range of typical market rates for similar services. The company's focus on competitive bidding suggests that it is likely to offer fair pricing and quality services, though the absence of recent contracts may raise concerns about its ability to consistently deliver value to taxpayers. However, the company's track record of securing competitive contracts indicates a strong market position and a focus on delivering value to its clients.
How does HAVERTY FURNITURE COMPANIES, INC. win its contracts?
HAVERTY FURNITURE COMPANIES, INC. primarily wins its federal contracts through competitive bidding. The company's focus on providing high-quality furniture solutions and its expertise in custom installations position it well to compete for federal contracts. However, the lack of recent activity may indicate challenges in maintaining a steady flow of federal business, which could be a concern for potential instability in the company's federal revenue stream.
What agencies use HAVERTY FURNITURE COMPANIES, INC. most?
While specific agency clients are not disclosed, HAVERTY's contract patterns suggest a moderate concentration of federal business across multiple agencies. This indicates that the company has established relationships with multiple agencies, though the lack of recent activity may indicate a need to strengthen these relationships or seek new opportunities. The moderate concentration of federal business suggests a balanced approach to client dependency, but there may be risks associated with over-reliance on any single agency.
What are the risks of relying on HAVERTY FURNITURE COMPANIES, INC.?
The risks of relying on HAVERTY FURNITURE COMPANIES, INC. include the lack of recent contracts, which may indicate challenges in securing new federal business. This could lead to instability in the company's federal revenue stream. Additionally, the company's focus on competitive bidding and lack of sole-source contracts may limit its ability to secure larger or more lucrative contracts. The moderate concentration of federal business suggests a balanced approach to client dependency, but there may be risks associated with over-reliance on any single agency.
How does HAVERTY FURNITURE COMPANIES, INC. compare to similar contractors?
HAVERTY FURNITURE COMPANIES, INC. operates as a niche player in the federal furniture supply and installation market. While it has not secured any recent contracts, its focus on competitive bidding suggests a strong market position. HAVERTY's expertise in providing high-quality furniture solutions for federal agencies positions it well to compete for future contracts, though the lack of recent activity may indicate challenges in maintaining a steady flow of business. Compared to industry peers, HAVERTY's size and focus on furniture supply make it a specialized player, though its track record and performance history are limited.
Recent Federal Contracts
Haverty Furniture Companies, Inc. has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOJ's $73K Office Furniture Purchase Order to Haverty Furniture Companies, In... | Department of Justice | $73.2K | N/A |