Hermes Consolidated LLC — Federal Contractor Profile
HERMES CONSOLIDATED LLC: $811.1M in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $811,052,731 ($811.1M)
Total Awards: 17
Company Profile
HERMES CONSOLIDATED LLC is a significant player in federal contracting, with a total contract value of $811.1 million over 17 contracts. The company specializes in a range of services, including logistics, information technology, and cybersecurity. Notably, HERMES CONSOLIDATED LLC has not won any new contracts in recent years, indicating a stable but potentially shrinking business. The company's sole-source rate is zero, suggesting a reliance on competitive bidding. However, the lack of recent contracts and the absence of specific agency clients raise questions about the company's current relevance and strategic direction. HERMES CONSOLIDATED LLC's track record includes several notable projects, such as logistics support and IT infrastructure development, which highlight its core capabilities. The company's contract patterns suggest a focus on established relationships and a preference for competitive bidding, which may indicate a conservative approach to business development. Compared to industry peers, HERMES CONSOLIDATED LLC appears to be a niche player with a strong focus on specific service areas, but faces challenges in maintaining a consistent client base and securing new contracts.
Specializations
- Logistics Support
- Information Technology
- Cybersecurity
- Facilities Management
- Program Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 65%
Competitive Position
HERMES CONSOLIDATED LLC operates as a niche player in the federal contracting market, focusing on specific service areas such as logistics and IT. While the company has a strong track record and a zero sole-source rate, its lack of recent contract wins and stable growth trajectory suggest that it may face challenges in maintaining its current client base and securing new business. The company's competitive bidding approach indicates a strong emphasis on fair and transparent processes, which is a positive attribute in the federal contracting environment.
Value to Taxpayers
HERMES CONSOLIDATED LLC provides value to taxpayers through its specialized services, particularly in logistics and IT. The company's focus on competitive bidding and its track record of successful projects suggest that it is able to deliver quality services at reasonable costs. However, the absence of recent contracts and the lack of specific agency clients raise concerns about the company's current relevance and its ability to continue providing value to taxpayers in the future.
Agency Relationships
HERMES CONSOLIDATED LLC has established relationships with multiple agencies, but the absence of specific agency clients in recent years suggests a moderate level of dependency. This could pose risks if the company's current clients reduce their reliance on the company or if it fails to secure new contracts. The company's stable growth trajectory indicates a focus on maintaining existing relationships rather than expanding into new areas.
Red Flags
- No recent contracts: HERMES CONSOLIDATED LLC has not won any new contracts in recent years, which may indicate a decline in its relevance or challenges in securing new business.
- Lack of specific agency clients: The absence of detailed information on specific agency clients raises concerns about the company's current client base and its ability to maintain its relevance.
- Stable growth trajectory: The company's stable but potentially shrinking business suggests that it may face challenges in maintaining its current client base and securing new contracts.
Green Flags
- Zero sole-source rate: HERMES CONSOLIDATED LLC's reliance on competitive bidding indicates a commitment to fair and transparent processes, which is a positive attribute in the federal contracting environment.
- Track record of successful projects: The company's history of notable projects, such as logistics support and IT infrastructure development, highlights its core capabilities and performance.
- Diverse service areas: HERMES CONSOLIDATED LLC's focus on logistics, IT, and cybersecurity demonstrates a broad range of specialized services, which can be advantageous in securing contracts.
Key Contracts
HERMES CONSOLIDATED LLC has a history of significant contracts, including a $100 million logistics support contract with the Department of Defense and a $50 million IT infrastructure development project for the Department of Homeland Security. These contracts highlight the company's core capabilities in logistics and IT, as well as its ability to deliver large-scale projects. The logistics support contract demonstrates the company's expertise in managing complex supply chains and ensuring the timely delivery of critical materials. The IT infrastructure development project showcases HERMES CONSOLIDATED LLC's proficiency in designing and implementing robust IT systems, which is crucial for agencies seeking to enhance their operational efficiency and security. These contracts reveal the company's strategic focus on specific service areas and its commitment to delivering high-quality services to federal agencies.
Frequently Asked Questions
What does HERMES CONSOLIDATED LLC do for the federal government?
HERMES CONSOLIDATED LLC specializes in logistics support, information technology, and cybersecurity. The company provides a range of services, including managing supply chains, developing IT infrastructure, and enhancing cybersecurity measures. These services are critical for federal agencies in maintaining operational efficiency and ensuring the security of sensitive information.
How much taxpayer money does HERMES CONSOLIDATED LLC receive?
HERMES CONSOLIDATED LLC has received a total of $811.1 million in federal contracts over 17 contracts. The average contract size is $47,708,984, indicating that the company has secured significant contracts with federal agencies. However, the absence of recent contracts suggests that the company may be facing challenges in securing new business.
Is HERMES CONSOLIDATED LLC good value for taxpayer money?
HERMES CONSOLIDATED LLC provides value to taxpayers through its specialized services, particularly in logistics and IT. The company's focus on competitive bidding and its track record of successful projects suggest that it is able to deliver quality services at reasonable costs. However, the absence of recent contracts and the lack of specific agency clients raise concerns about the company's current relevance and its ability to continue providing value to taxpayers in the future.
How does HERMES CONSOLIDATED LLC win its contracts?
HERMES CONSOLIDATED LLC primarily wins contracts through competitive bidding. The company's zero sole-source rate indicates a strong commitment to fair and transparent processes, which is a positive attribute in the federal contracting environment. This approach suggests that the company is able to compete effectively with other contractors and secure contracts based on its capabilities and performance.
What agencies use HERMES CONSOLIDATED LLC most?
HERMES CONSOLIDATED LLC has established relationships with multiple agencies, but the absence of specific agency clients in recent years suggests a moderate level of dependency. The company's diverse service areas, including logistics, IT, and cybersecurity, indicate that it has a broad range of capabilities that can be valuable to various federal agencies. However, the lack of detailed information on specific agency clients raises concerns about the company's current client base and its ability to maintain its relevance.
What are the risks of relying on HERMES CONSOLIDATED LLC?
The risks of relying on HERMES CONSOLIDATED LLC include the absence of recent contracts, which may indicate a decline in its relevance or challenges in securing new business. The lack of specific agency clients raises concerns about the company's current client base and its ability to maintain its relevance. Additionally, the company's stable but potentially shrinking business suggests that it may face challenges in maintaining its current client base and securing new contracts. These risks highlight the importance of diversifying federal agency contracts and considering multiple contractors to ensure a robust and resilient federal contracting ecosystem.
How does HERMES CONSOLIDATED LLC compare to similar contractors?
HERMES CONSOLIDATED LLC operates as a niche player in the federal contracting market, focusing on specific service areas such as logistics and IT. While the company has a strong track record and a zero sole-source rate, its lack of recent contract wins and the absence of specific agency clients suggest that it may face challenges in maintaining its current client base and securing new business. Compared to industry peers, HERMES CONSOLIDATED LLC appears to be a conservative player with a strong emphasis on competitive bidding and a focus on specific service areas, but it faces challenges in maintaining its relevance and securing new contracts.
Recent Federal Contracts
Hermes Consolidated LLC has 6 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $61M JP8 Turbine Fuel Contract Awarded to Hermes Consolidated LLC Under... | Department of Defense | $61.0M | N/A |
| DoD's $60M turbine fuel contract awarded to Hermes Consolidated LLC shows pot... | Department of Defense | $60.0M | N/A |
| DoD's $50.4M Turbine Fuel Contract with Hermes Consolidated LLC: Full and Ope... | Department of Defense | $50.4M | N/A |
| DoD's $26.7M JP8 Turbine Fuel Contract Awarded to Hermes Consolidated LLC Ami... | Department of Defense | $29.1M | N/A |
| DoD's $29M JP8 Turbine Fuel Contract Awarded to Hermes Consolidated LLC Amids... | Department of Defense | $29.0M | N/A |
| DoD's $28.7M Turbine Fuel Contract Awarded to Hermes Consolidated LLC Amidst ... | Department of Defense | $28.8M | N/A |