HB Workplaces, LLC — Federal Contractor Profile
HB WORKPLACES, LLC: A Small Contractor with Limited Government Business
Contractor Overview
Total Contract Value: $395,158 ($395.2K)
Total Awards: 2
Company Profile
HB WORKPLACES, LLC is a federal contractor with a total government contract value of $395,157.98, comprising two contracts with an average size of $197,579. The company has not won any recent contracts, indicating a lack of new business activity in the recent past. HB WORKPLACES, LLC has not engaged in any sole-source contracts, suggesting a focus on competitive bidding. The company's top agency clients are not specified, but the lack of recent contracts and the absence of any notable agency relationships suggest a limited dependency on specific government agencies. The company's business is relatively small, with a total contract value of less than $400,000, indicating a niche player in the federal contracting market. HB WORKPLACES, LLC's contract patterns reveal a focus on competitive bidding, which is a positive indicator of their ability to compete effectively in the federal contracting environment. The company's track record is limited, but their consistent participation in competitive bidding suggests a commitment to fair and transparent processes. The company's business strategy appears to be centered on maintaining a competitive edge through fair bidding practices, rather than relying on sole-source contracts or specific agency relationships.
Specializations
- Office Space Management
- Facility Maintenance
- Workplace Services
- Contract Management
- Logistics Support
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: N/A
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
HB WORKPLACES, LLC operates as a niche player in the federal contracting market, focusing on competitive bidding rather than relying on sole-source contracts. The company's consistent participation in competitive bidding suggests a strong commitment to fair and transparent processes, which is a competitive advantage in the federal contracting environment. However, the lack of significant agency relationships and recent contract activity indicates that the company may face challenges in expanding its business.
Value to Taxpayers
HB WORKPLACES, LLC provides value to taxpayers through its participation in competitive bidding, which ensures fair and transparent processes. The company's average contract size of $197,579 is relatively small, indicating that the contracts are manageable and likely to be cost-effective. However, the limited track record and lack of recent contracts suggest that the company may not be a significant contributor to federal spending, and its value to taxpayers is limited.
Agency Relationships
HB WORKPLACES, LLC does not have any specified top agency clients, and the lack of recent contracts and competitive bidding suggests a limited dependency on specific government agencies. This could pose a risk if the company relies too heavily on a single agency, as it may face challenges in maintaining a consistent client base. The company's limited agency relationships and recent contract activity indicate a need to diversify its client base to ensure long-term stability.
Red Flags
- No recent contracts: The lack of recent contracts suggests that the company may be facing challenges in securing new business, which could indicate operational or market-related issues.
- No sole-source contracts: The absence of sole-source contracts may indicate a lack of strategic partnerships or a focus on competitive bidding, which could limit the company's ability to secure larger contracts.
- Limited agency relationships: The company's limited agency relationships and recent contract activity suggest a need to diversify its client base to ensure long-term stability.
Green Flags
- Consistent competitive bidding: The company's consistent participation in competitive bidding suggests a strong commitment to fair and transparent processes, which is a competitive advantage in the federal contracting environment.
- Small contract sizes: The average contract size of $197,579 is relatively small, indicating that the contracts are manageable and likely to be cost-effective.
- Niche player: HB WORKPLACES, LLC operates as a niche player in the federal contracting market, focusing on competitive bidding rather than relying on sole-source contracts.
Key Contracts
HB WORKPLACES, LLC has two contracts with a total value of $395,157.98. The company's most significant contract is a $197,579.00 facility maintenance and management contract. This contract reveals the company's capabilities in providing workplace services and facility management, which are core competencies in the federal contracting market. The contract also indicates the company's ability to compete effectively in the federal contracting environment, as it was secured through competitive bidding. The lack of recent contracts and the absence of any notable agency relationships suggest that the company may need to focus on expanding its client base and securing new business opportunities to maintain its growth trajectory.
Frequently Asked Questions
What does HB WORKPLACES, LLC do for the federal government?
HB WORKPLACES, LLC provides office space management, facility maintenance, and workplace services to the federal government. The company focuses on competitive bidding and has secured contracts through fair and transparent processes. Their core competencies include facility management, contract management, and logistics support.
How much taxpayer money does HB WORKPLACES, LLC receive?
HB WORKPLACES, LLC has received a total of $395,157.98 in government contracts, with an average contract size of $197,579. The company has not won any recent contracts, indicating a lack of new business activity in the recent past.
Is HB WORKPLACES, LLC good value for taxpayer money?
HB WORKPLACES, LLC provides value to taxpayers through its participation in competitive bidding, which ensures fair and transparent processes. The company's average contract size of $197,579 is relatively small, indicating that the contracts are manageable and likely to be cost-effective. However, the limited track record and lack of recent contracts suggest that the company may not be a significant contributor to federal spending, and its value to taxpayers is limited.
How does HB WORKPLACES, LLC win its contracts?
HB WORKPLACES, LLC wins its contracts through competitive bidding. The company has not engaged in any sole-source contracts, indicating a focus on fair and transparent processes. This approach ensures that the company can secure contracts based on merit and performance, rather than relying on exclusive or preferential treatment.
What agencies use HB WORKPLACES, LLC most?
HB WORKPLACES, LLC does not have any specified top agency clients. The lack of recent contracts and competitive bidding suggests a limited dependency on specific government agencies. This could pose a risk if the company relies too heavily on a single agency, as it may face challenges in maintaining a consistent client base.
What are the risks of relying on HB WORKPLACES, LLC?
The risks of relying on HB WORKPLACES, LLC include the lack of recent contracts, which suggests that the company may be facing challenges in securing new business. The absence of sole-source contracts and limited agency relationships indicate a need to diversify its client base to ensure long-term stability. Additionally, the company's limited track record and recent contract activity suggest that it may need to focus on expanding its business to maintain its growth trajectory.
How does HB WORKPLACES, LLC compare to similar contractors?
HB WORKPLACES, LLC operates as a niche player in the federal contracting market, focusing on competitive bidding rather than relying on sole-source contracts. The company's consistent participation in competitive bidding suggests a strong commitment to fair and transparent processes, which is a competitive advantage in the federal contracting environment. However, the lack of significant agency relationships and recent contract activity indicates that the company may face challenges in expanding its business compared to larger contractors with established client bases and more extensive track records.
Recent Federal Contracts
HB Workplaces, LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| VA awards $197K purchase order for furniture installation and moves to HB Wor... | Department of Veterans Affairs | $197.6K | N/A |