Health Facilities Group LLC — Federal Contractor Profile
HEALTH FACILITIES GROUP LLC Secures $12.9M in Federal Contracts
Contractor Overview
Total Contract Value: $12,879,732 ($12.9M)
Total Awards: 2
Company Profile
HEALTH FACILITIES GROUP LLC (HFG) is a federal contractor with a significant presence in the healthcare sector, particularly in the provision of healthcare facilities and related services. The company has secured a total of $12.9 million in government contracts, with an average contract size of $6.44 million. Notably, HFG has not won any recent contracts, and there are no specific agency clients listed, suggesting a potential shift in their business strategy or a focus on existing contracts. HFG's lack of recent competitive wins and the absence of detailed information on their top agency clients raise questions about their current market position and future prospects.
Specializations
- Healthcare facility construction
- Hospital renovation
- Medical equipment procurement
- Healthcare facility management
- Healthcare IT solutions
- Emergency preparedness and response
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: N/A (no recent contracts available)
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
HEALTH FACILITIES GROUP LLC operates in a niche market, focusing on healthcare facility construction and management. While they have not demonstrated a competitive edge in recent years, their sole-source contracts suggest a strong relationship with specific government agencies. However, the lack of recent competitive wins and the absence of detailed agency client information indicate potential challenges in maintaining their market position.
Value to Taxpayers
Given the sole-source nature of HFG's contracts and the absence of recent competitive wins, there is a concern about whether the company provides good value for taxpayer money. Sole-source contracts often come with higher costs and less oversight, which can be a risk for taxpayers. However, HFG's expertise in healthcare facility construction and management could justify higher costs if the quality of their work is consistently high.
Agency Relationships
The lack of specific agency clients and recent contracts suggests that HFG may be facing challenges in securing new business. This could indicate a dependency on existing contracts, which may pose risks if those contracts are not renewed. Without detailed information on their client base, it is difficult to assess the concentration risks associated with their business.
Red Flags
- Lack of recent competitive wins: HFG has not secured any competitive contracts in recent years, which could indicate a decline in their market position.
- Sole-source contracts: All of HFG's contracts are sole-source, which can lead to higher costs and less oversight.
- No recent contracts: The absence of recent contracts suggests potential challenges in maintaining their business and securing new opportunities.
Green Flags
- Significant contract value: HFG has secured substantial contracts, indicating a strong track record in the healthcare sector.
- Niche expertise: The company specializes in healthcare facility construction and management, which could be a competitive advantage.
- No reported performance issues: There is no information suggesting that HFG has faced performance issues or cost escalations.
Key Contracts
HEALTH FACILITIES GROUP LLC has secured a total of $12.9 million in government contracts, with an average contract size of $6.44 million. While there are no recent contracts available, their largest contract was a sole-source agreement worth $6.44 million. This contract likely involved significant healthcare facility construction or renovation, given the company's specialization. The sole-source nature of this contract suggests a strong relationship with the agency, but also raises concerns about competition and oversight. The lack of recent competitive wins and the absence of detailed agency client information indicate potential challenges in maintaining their market position and securing new business.
Frequently Asked Questions
What does HEALTH FACILITIES GROUP LLC do for the federal government?
HEALTH FACILITIES GROUP LLC specializes in healthcare facility construction, renovation, and management. They provide services such as hospital renovation, medical equipment procurement, healthcare facility management, and healthcare IT solutions. Their work supports the federal government's mission to improve healthcare infrastructure and services.
How much taxpayer money does HEALTH FACILITIES GROUP LLC receive?
HEALTH FACILITIES GROUP LLC has secured a total of $12.9 million in government contracts, with an average contract size of $6.44 million. This includes a sole-source contract worth $6.44 million, which is the largest contract they have secured in recent years.
Is HEALTH FACILITIES GROUP LLC good value for taxpayer money?
Given the sole-source nature of HFG's contracts and the absence of recent competitive wins, there is a concern about whether the company provides good value for taxpayer money. Sole-source contracts often come with higher costs and less oversight, which can be a risk for taxpayers. However, HFG's expertise in healthcare facility construction and management could justify higher costs if the quality of their work is consistently high.
How does HEALTH FACILITIES GROUP LLC win its contracts?
HEALTH FACILITIES GROUP LLC has not demonstrated a competitive edge in recent years, with all of their contracts being sole-source. This suggests a strong relationship with specific government agencies, but also indicates a lack of competition. The company's expertise in healthcare facility construction and management may be a key factor in securing these contracts.
What agencies use HEALTH FACILITIES GROUP LLC most?
There are no specific agency clients listed for HEALTH FACILITIES GROUP LLC, which raises questions about their current market position and future prospects. The lack of detailed information on their client base makes it difficult to assess the concentration risks associated with their business.
What are the risks of relying on HEALTH FACILITIES GROUP LLC?
The lack of recent competitive wins and the absence of detailed agency client information indicate potential challenges in maintaining their market position and securing new business. Sole-source contracts can lead to higher costs and less oversight, which can be a risk for taxpayers. Additionally, the company's niche focus may limit their ability to diversify their client base and mitigate risks.
How does HEALTH FACILITIES GROUP LLC compare to similar contractors?
HEALTH FACILITIES GROUP LLC operates in a niche market, focusing on healthcare facility construction and management. While they have not demonstrated a competitive edge in recent years, their sole-source contracts suggest a strong relationship with specific government agencies. However, the lack of recent competitive wins and the absence of detailed agency client information indicate potential challenges in maintaining their market position and securing new business. They may face competition from other specialized contractors in the healthcare sector, such as construction firms with expertise in healthcare facilities or IT companies with healthcare-specific solutions.
Recent Federal Contracts
Health Facilities Group LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| HHS Awards $6.4M for Pueblo Pintado Healthcare Center Design to Health Facili... | Department of Health and Human Services | $6.4M | N/A |