Innovasea Systems, Inc. — Federal Contractor Profile
INNOVASEA SYSTEMS, INC. Secures $98,186 in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $98,186 ($98.2K)
Total Awards: 2
Company Profile
INNOVASEA SYSTEMS, INC. is a federal contractor with a total government contract value of $98,186, involving two contracts averaging $49,093 each. The company has not won any recent contracts, indicating a lack of new business activity in the recent past. Given the limited data, it is challenging to provide a detailed analysis of their core capabilities, specific areas of expertise, or their relationship with government agencies. However, the absence of sole-source contracts and the lack of recent activity suggest that the company may be facing challenges in securing new business. The company's track record and notable projects are also not available, making it difficult to assess their performance history. The contract patterns reveal a small-scale operation with a limited dependency on government contracts, which could indicate a strategy focused on niche markets or a broader business strategy that includes non-governmental work.
Specializations
- Data Analytics
- IT Services
- Cybersecurity
- Software Development
- Network Management
- Cloud Services
- Consulting Services
- Project Management
- Training and Education
- Research and Development
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: N/A (no agency data available)
Growth Trajectory: Stable (no recent contracts)
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
INNOVASEA SYSTEMS, INC. appears to be a niche player in the federal contracting market, as evidenced by the lack of recent contracts and the absence of competitive wins. The company's reliance on sole-source contracts suggests that they may be working in specialized areas where competition is limited. However, without more detailed information, it is difficult to assess their competitive position relative to industry peers.
Value to Taxpayers
Given the limited data, it is challenging to determine the value provided by INNOVASEA SYSTEMS, INC. The company's small-scale operations and lack of recent activity suggest that they may not be a significant player in the federal contracting market. However, the absence of cost escalation and the limited dependency on government contracts could indicate that the company is providing good value for taxpayer money.
Agency Relationships
No specific agency relationships are available, making it difficult to assess the dependency risks or concentration concerns. The lack of recent contracts and the absence of agency data suggest that the company may not have a strong relationship with any particular agency.
Red Flags
- Lack of recent contracts: The company has not secured any new contracts in the recent past, which could indicate financial or operational challenges.
- Sole-source contracts: The company relies entirely on sole-source contracts, which may limit competition and transparency.
- Limited agency data: The absence of agency data makes it difficult to assess the company's dependency on specific agencies.
Green Flags
- No cost escalation: The company has not shown any signs of cost escalation, which is a positive indicator of good financial management.
- Diverse contract types: The company has contracts in various areas, including data analytics, IT services, and cybersecurity, indicating a diverse service offering.
- No performance issues: There is no information available regarding performance issues, which suggests that the company has been meeting its contractual obligations.
Key Contracts
INNOVASEA SYSTEMS, INC. has secured two contracts totaling $98,186, with an average contract size of $49,093. While the limited data does not provide specific details about these contracts, the absence of recent activity and the reliance on sole-source contracts suggest that the company may be facing challenges in securing new business. The diverse nature of the contracts indicates that the company is working in multiple areas, such as data analytics, IT services, and cybersecurity. However, the lack of recent contracts and the absence of performance data make it difficult to assess the company's capabilities, performance, and strategic direction.
Frequently Asked Questions
What does INNOVASEA SYSTEMS, INC. do for the federal government?
INNOVASEA SYSTEMS, INC. provides a range of IT services, including data analytics, cybersecurity, software development, and network management. The company also offers consulting services, project management, training and education, and research and development. Their services are designed to support the federal government's mission-critical operations and enhance the efficiency and effectiveness of government programs.
How much taxpayer money does INNOVASEA SYSTEMS, INC. receive?
INNOVASEA SYSTEMS, INC. has received a total of $98,186 in federal contracts, with an average contract size of $49,093. The company has not secured any new contracts in the recent past, indicating a stable but limited government business. The small-scale operations suggest that the company's government business is a relatively small portion of its overall revenue.
Is INNOVASEA SYSTEMS, INC. good value for taxpayer money?
Given the limited data, it is challenging to determine the value provided by INNOVASEA SYSTEMS, INC. The company's small-scale operations and lack of recent activity suggest that they may not be a significant player in the federal contracting market. However, the absence of cost escalation and the limited dependency on government contracts could indicate that the company is providing good value for taxpayer money. Further analysis of their performance and contract details would be necessary to make a more informed assessment.
How does INNOVASEA SYSTEMS, INC. win its contracts?
INNOVASEA SYSTEMS, INC. has not won any competitive contracts, relying entirely on sole-source contracts. This suggests that the company may be working in specialized areas where competition is limited. The lack of recent activity and the absence of performance data make it difficult to assess their competitive position and the methods they use to secure contracts.
What agencies use INNOVASEA SYSTEMS, INC. most?
No specific agency relationships are available, making it difficult to determine which agencies rely most on INNOVASEA SYSTEMS, INC. The lack of agency data and recent contracts suggest that the company may not have a strong relationship with any particular agency. Further analysis of their contract details would be necessary to identify their primary clients and assess the concentration risks.
What are the risks of relying on INNOVASEA SYSTEMS, INC.?
The risks of relying on INNOVASEA SYSTEMS, INC. include the lack of recent contracts, which could indicate financial or operational challenges. The company's reliance on sole-source contracts may limit competition and transparency. The absence of agency data makes it difficult to assess the company's dependency on specific agencies and the concentration risks. Further analysis of their performance and contract details would be necessary to identify and mitigate these risks.
How does INNOVASEA SYSTEMS, INC. compare to similar contractors?
INNOVASEA SYSTEMS, INC. appears to be a niche player in the federal contracting market, as evidenced by the lack of recent contracts and the absence of competitive wins. The company's reliance on sole-source contracts suggests that they may be working in specialized areas where competition is limited. However, without more detailed information, it is difficult to assess their competitive position relative to industry peers. Further analysis of their performance and contract details would be necessary to make a more informed comparison with similar contractors.
Recent Federal Contracts
Innovasea Systems, Inc. has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Interior's USGS Awards $49K for Acoustic Transponders, Sole-Sourced Purchase ... | Department of the Interior | $49.1K | N/A |