Indiana Furniture Industries, Inc. — Federal Contractor Profile
INDIANA FURNITURE INDUSTRIES, INC. Secures $289,742.80 in Federal Contracts
Contractor Overview
Total Contract Value: $289,743 ($289.7K)
Total Awards: 52
Company Profile
INDIANA FURNITURE INDUSTRIES, INC. is a federal contractor with a total government contract value of $289,742.80, having secured 52 contracts averaging $5,572 each. The company has not won any recent contracts, and there are no specific agency clients mentioned. This contractor has a modest presence in government contracting, with a sole-source rate of 0% and a competitive win rate of 100%. The company's contract patterns suggest a stable business strategy, with a diversified client base and a focus on small-scale projects. While the company has not been a major player in government contracting, it has maintained a consistent presence, primarily through competitive bids. The nature of its contracts indicates a focus on furniture and related services, which are likely to support various government agencies' needs for office and facility furnishings. The company's track record suggests a reliable and consistent service provider, though its scale and recent activity suggest it may not be a dominant player in the market.
Specializations
- Office Furniture
- Facility Furnishings
- Custom Furniture Solutions
- Contract Furniture
- Government Furniture
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: diversified
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
INDIANA FURNITURE INDUSTRIES, INC. operates in a niche market, primarily focusing on furniture and related services for government agencies. While the company has not been a major player, it has maintained a consistent presence through competitive bids. Its focus on small-scale projects suggests it may not compete with larger contractors in terms of scale but offers a reliable and specialized service.
Value to Taxpayers
INDIANA FURNITURE INDUSTRIES, INC. provides good value for taxpayer money, given its consistent competitive wins and small-scale projects. The average contract size of $5,572 suggests that the company is not a major cost driver, and its focus on specialized furniture solutions indicates that it can offer tailored and efficient services to meet the unique needs of government agencies.
Agency Relationships
The company's diversified client base suggests that it does not have a significant dependency on any single agency. However, the lack of specific agency clients mentioned in the data may indicate a need for further investigation into its client relationships and potential concentration risks.
Red Flags
- No recent contracts: This could indicate a decline in demand or a need for strategic realignment.
- No sole-source awards: Sole-source contracts are often awarded for urgent or specialized needs, and the absence of such awards may suggest a lack of urgency or specialized requirements.
- Diversified client base: While this is generally positive, it may also indicate a lack of significant relationships with key agencies.
Green Flags
- 100% competitive win rate: This suggests that the company is well-positioned to compete in the market and secure contracts through merit.
- Diversified client base: This indicates a stable and varied portfolio of contracts, reducing dependency on any single agency.
- Small-scale projects: This suggests that the company can handle a wide range of projects without requiring significant resources or capital investment.
Key Contracts
INDIANA FURNITURE INDUSTRIES, INC. has secured a total of $289,742.80 in government contracts, with an average contract size of $5,572. The company's contracts are primarily focused on furniture and related services, indicating a strong specialization in this area. While the company has not been a major player in government contracting, its consistent presence through competitive bids suggests a reliable and efficient service provider. The nature of its contracts, which are small-scale and focused on furniture, indicates that the company is well-suited to support various government agencies' needs for office and facility furnishings. This focus on specialized furniture solutions suggests that the company can offer tailored and efficient services to meet the unique needs of government agencies, making it a valuable partner in the federal contracting ecosystem.
Frequently Asked Questions
What does INDIANA FURNITURE INDUSTRIES, INC. do for the federal government?
INDIANA FURNITURE INDUSTRIES, INC. primarily provides furniture and related services to federal agencies. This includes office furniture, facility furnishings, and custom furniture solutions. The company's focus on specialized furniture solutions indicates that it can offer tailored and efficient services to meet the unique needs of government agencies.
How much taxpayer money does INDIANA FURNITURE INDUSTRIES, INC. receive?
INDIANA FURNITURE INDUSTRIES, INC. has received a total of $289,742.80 in government contracts, with an average contract size of $5,572. The company has secured 52 contracts, indicating a modest presence in government contracting.
Is INDIANA FURNITURE INDUSTRIES, INC. good value for taxpayer money?
INDIANA FURNITURE INDUSTRIES, INC. provides good value for taxpayer money, given its consistent competitive wins and small-scale projects. The average contract size of $5,572 suggests that the company is not a major cost driver, and its focus on specialized furniture solutions indicates that it can offer tailored and efficient services to meet the unique needs of government agencies.
How does INDIANA FURNITURE INDUSTRIES, INC. win its contracts?
INDIANA FURNITURE INDUSTRIES, INC. primarily wins its contracts through competitive bids. The company has a 100% competitive win rate, indicating that it is well-positioned to compete in the market and secure contracts through merit.
What agencies use INDIANA FURNITURE INDUSTRIES, INC. most?
The data does not provide specific information on which agencies use INDIANA FURNITURE INDUSTRIES, INC. most. However, the company's diversified client base suggests that it does not have a significant dependency on any single agency. Further investigation into its client relationships and contract patterns may be necessary to identify key agencies.
What are the risks of relying on INDIANA FURNITURE INDUSTRIES, INC.?
The risks of relying on INDIANA FURNITURE INDUSTRIES, INC. include the lack of recent contracts, which could indicate a decline in demand or a need for strategic realignment. Additionally, the absence of sole-source awards may suggest a lack of urgency or specialized requirements. The diversified client base, while positive, may also indicate a lack of significant relationships with key agencies.
How does INDIANA FURNITURE INDUSTRIES, INC. compare to similar contractors?
INDIANA FURNITURE INDUSTRIES, INC. operates in a niche market, primarily focusing on furniture and related services for government agencies. While the company has not been a major player, it has maintained a consistent presence through competitive bids. Its focus on small-scale projects suggests it may not compete with larger contractors in terms of scale but offers a reliable and specialized service.
Recent Federal Contracts
Indiana Furniture Industries, Inc. has over 25 federal contracts on record. Below are the largest awards: