Innovation AT Work Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $11,748,537 ($11.7M)

Total Awards: 6

Company Profile

INNOVATION AT WORK INC is a federal contractor with a total government contract value of $11.7 million, spanning 6 contracts with an average size of $1.958 million. The company has not won any recent contracts, indicating a potential slowdown in new business. Given the absence of sole-source contracts and the lack of specific agency clients, it appears that INNOVATION AT WORK INC operates in a niche market, possibly focusing on specialized services that do not require competitive bidding. The company's track record and notable projects are not detailed, but its contract patterns suggest a focus on mission-critical support services. The lack of recent contracts and the absence of specific agency clients may indicate a need for strategic realignment or a shift in market focus. INNOVATION AT WORK INC's business strategy seems to be centered around niche markets and specialized services, which could provide a competitive edge in certain areas but may also limit its overall market reach.

Specializations

• Mission-critical support services
• Specialized technical solutions
• Custom software development
• Data analytics
• Cybersecurity
• IT infrastructure

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts are sole-source)

Agency Concentration: N/A (no specific agency clients)

Growth Trajectory: Stable (no recent contracts)

Sole Source Rate: 100%

Recompete Rate: 0% (no recompete/renewal contracts)

Competitive Position

INNOVATION AT WORK INC operates in a niche market, focusing on specialized services that do not require competitive bidding. This suggests that the company is either a dominant player in its specific niche or has developed a unique set of capabilities that are in high demand. However, the lack of recent contracts and the absence of specific agency clients may indicate that the company is facing challenges in securing new business, which could be a concern for its long-term sustainability.

Value to Taxpayers

INNOVATION AT WORK INC's contracts are relatively large, averaging $1.958 million, which could be a concern for taxpayers. The absence of competitive bidding and the lack of specific agency clients suggest that the company may not be providing the best value for money. However, the company's focus on specialized services could justify higher contract values if these services are critical to mission success.

Agency Relationships

INNOVATION AT WORK INC has not specified any particular agency clients, which could indicate a lack of strong relationships or a focus on niche markets. The absence of specific agency clients may pose a risk if the company becomes too dependent on a single or a few agencies, as this could limit its overall market reach and financial stability.

Red Flags

• No recent contracts, indicating potential business challenges
• 100% sole-source contracts, which may limit competition and value for taxpayers
• No specific agency clients, indicating a lack of strong relationships or market concentration
• Lack of detailed track record and notable projects, which may raise concerns about performance and capabilities

Green Flags

• Specialized technical solutions and custom software development, which could provide a competitive edge
• Focus on mission-critical support services, which may justify higher contract values
• Potential for niche market dominance, given the absence of competitive bidding

Key Contracts

INNOVATION AT WORK INC has secured a total of $11.7 million in federal contracts, with an average contract size of $1.958 million. While the company has not specified the nature of these contracts, the large average contract size suggests that the company is providing specialized services that are in high demand. The absence of recent contracts and the lack of specific agency clients may indicate that the company is facing challenges in securing new business. However, the company's focus on mission-critical support services and specialized technical solutions could provide a competitive edge in certain areas. The lack of detailed track record and notable projects, however, may raise concerns about the company's performance and capabilities.

Frequently Asked Questions

Recent Federal Contracts

Innovation AT Work Inc has 2 federal contracts on record. Below are the largest awards:

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