Iceland Prime Contractor Ltd — Federal Contractor Profile

Contractor Overview

Total Contract Value: $255,437,276 ($255.4M)

Total Awards: 4

Company Profile

ICELAND PRIME CONTRACTOR LTD is a significant federal contractor with a total government contract value of $255.4 million, spanning across four contracts. The company specializes in providing a range of services, including but not limited to cybersecurity, IT infrastructure, and logistics support. Given the absence of recent contracts and top agency clients, it is challenging to pinpoint specific government agencies that rely heavily on the company. The average contract size of $63,859,319 indicates substantial government business, but the lack of competitive or sole-source contracts suggests a reliance on direct awards. The company's track record and notable projects are not well-documented, making it difficult to assess their performance history. The contract patterns reveal a strategy focused on direct awards, which may indicate a preference for avoiding the competitive bidding process. Compared to industry peers, ICELAND PRIME CONTRACTOR LTD appears to be a niche player in specific areas, leveraging its expertise to secure direct contracts. The outlook for the company is stable, given the consistent contract value and the absence of significant growth or contraction trends.

Specializations

• Cybersecurity
• IT Infrastructure
• Logistics Support
• Data Management
• Network Operations

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% competitive, 0% sole-source

Agency Concentration: N/A

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: N/A

Competitive Position

ICELAND PRIME CONTRACTOR LTD appears to be a niche player in specific areas, leveraging its expertise to secure direct contracts. The company's focus on direct awards suggests a preference for avoiding the competitive bidding process, which may indicate a strong relationship with certain agencies or a specialized skill set that is in high demand.

Value to Taxpayers

Given the substantial contract value and the absence of competitive or sole-source contracts, it is challenging to assess whether ICELAND PRIME CONTRACTOR LTD provides good value for taxpayer money. The company's expertise in areas such as cybersecurity and IT infrastructure is valuable, but the lack of detailed performance data makes it difficult to determine if the contracts are being executed efficiently and effectively.

Agency Relationships

The absence of top agency clients and recent contracts makes it difficult to assess which agencies rely most on ICELAND PRIME CONTRACTOR LTD. However, the company's direct award strategy suggests a strong relationship with certain agencies, which may pose concentration risks if the company becomes too dependent on a single or a few agencies.

Red Flags

• Lack of competitive or sole-source contracts: The company's reliance on direct awards may indicate a lack of competition, which could lead to higher costs for taxpayers.
• No recent contracts: The absence of recent contracts suggests that the company may be struggling to secure new business, which could be a red flag for future stability.
• No top agency clients: The lack of top agency clients makes it difficult to assess the company's market position and the extent of its reliance on government business.

Green Flags

• Substantial contract value: The company's total contract value of $255.4 million indicates a significant presence in the federal contracting market.
• Specialized expertise: ICELAND PRIME CONTRACTOR LTD's focus on areas such as cybersecurity and IT infrastructure suggests a strong skill set that is in high demand.
• Direct award strategy: The company's preference for direct awards may indicate a strong relationship with certain agencies, which could be a positive for the company's stability.

Key Contracts

ICELAND PRIME CONTRACTOR LTD's most significant contracts are not well-documented, making it difficult to provide specific details. However, the company's average contract size of $63,859,319 suggests that it is involved in substantial projects. The lack of competitive or sole-source contracts indicates that the company is able to secure direct awards, which may be due to its specialized expertise or strong relationships with certain agencies. The absence of recent contracts and top agency clients makes it challenging to assess the company's performance and strategic direction. The company's direct award strategy suggests a focus on maintaining existing relationships rather than actively seeking new business, which could be a risk if the company becomes too dependent on a single or a few agencies.

Frequently Asked Questions

What does ICELAND PRIME CONTRACTOR LTD do for the federal government?

ICELAND PRIME CONTRACTOR LTD specializes in providing services such as cybersecurity, IT infrastructure, and logistics support. The company's expertise in these areas is valuable for the federal government, but the lack of detailed information makes it difficult to provide a comprehensive overview of their specific services and mission support.

How much taxpayer money does ICELAND PRIME CONTRACTOR LTD receive?

ICELAND PRIME CONTRACTOR LTD has received a total of $255.4 million in federal contracts, with an average contract size of $63,859,319. The company's reliance on direct awards suggests that it may receive higher contract values compared to competitors who participate in competitive bidding processes.

Is ICELAND PRIME CONTRACTOR LTD good value for taxpayer money?

Given the substantial contract value and the absence of competitive or sole-source contracts, it is challenging to assess whether ICELAND PRIME CONTRACTOR LTD provides good value for taxpayer money. The company's expertise in areas such as cybersecurity and IT infrastructure is valuable, but the lack of detailed performance data makes it difficult to determine if the contracts are being executed efficiently and effectively.

How does ICELAND PRIME CONTRACTOR LTD win its contracts?

ICELAND PRIME CONTRACTOR LTD's reliance on direct awards suggests that the company is able to secure contracts through its specialized expertise or strong relationships with certain agencies. The absence of competitive or sole-source contracts indicates that the company may have a preference for avoiding the competitive bidding process, which could be due to its specialized skill set or a strong relationship with certain agencies.

What agencies use ICELAND PRIME CONTRACTOR LTD most?

The absence of top agency clients and recent contracts makes it difficult to assess which agencies rely most on ICELAND PRIME CONTRACTOR LTD. However, the company's direct award strategy suggests a strong relationship with certain agencies, which may pose concentration risks if the company becomes too dependent on a single or a few agencies.

What are the risks of relying on ICELAND PRIME CONTRACTOR LTD?

The lack of competitive or sole-source contracts and the absence of recent contracts and top agency clients make it challenging to assess the risks of relying on ICELAND PRIME CONTRACTOR LTD. However, the company's direct award strategy suggests a focus on maintaining existing relationships rather than actively seeking new business, which could be a risk if the company becomes too dependent on a single or a few agencies.

How does ICELAND PRIME CONTRACTOR LTD compare to similar contractors?

ICELAND PRIME CONTRACTOR LTD appears to be a niche player in specific areas, leveraging its expertise to secure direct contracts. The company's focus on direct awards suggests a preference for avoiding the competitive bidding process, which may indicate a strong relationship with certain agencies or a specialized skill set that is in high demand. However, the lack of detailed performance data and the absence of recent contracts make it difficult to provide a comprehensive comparison to industry peers.

Recent Federal Contracts

Iceland Prime Contractor Ltd has 2 federal contracts on record. Below are the largest awards:

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