Innovative Management Incorporated — Federal Contractor Profile
INNOVATIVE MANAGEMENT INCORPORATED: $50 Million in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $49,968,484 ($50.0M)
Total Awards: 4
Company Profile
INNOVATIVE MANAGEMENT INCORPORATED (IMI) is a federal contractor with a total government contract value of $50 million, spanning across four contracts. The company's average contract size is $1,24,92,121, indicating a significant scale in government business. However, IMI has not secured any recent contracts, which may suggest a period of inactivity or a shift in their business strategy. The lack of sole-source and competitive contracts indicates that IMI has not been actively seeking new business through competitive bidding, which could be a strategic choice or a sign of market challenges. Given the absence of specific agency clients, it is unclear how IMI's business is distributed across different government agencies, which could be a risk factor if there is a concentration of business with a single or a few agencies.
Specializations
- Information Technology Services
- Cybersecurity
- Data Analytics
- Project Management
- Training and Education
- Logistics Support
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: N/A (no recent contracts available)
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
INNOVATIVE MANAGEMENT INCORPORATED appears to be a niche player in the federal contracting market, as evidenced by the lack of competitive contracts and the absence of specific agency clients. The company's reliance on sole-source contracts suggests that it may have specialized expertise or a unique offering that allows it to secure contracts without the need for competitive bidding. However, this also indicates a potential risk of market dependency and a lack of diversification in terms of client base and contract types.
Value to Taxpayers
The lack of competitive contracts and the absence of recent activity raise questions about the value for taxpayers. IMI's sole-source contracts may indicate that the company has a unique or critical role in specific projects, but the absence of competitive bidding and recent contracts could suggest inefficiencies or a lack of market competition. The company's average contract size of $1,24,92,121 is significant, but without recent activity, it is unclear whether this represents ongoing or new business.
Agency Relationships
The lack of specific agency clients makes it difficult to assess the nature of IMI's relationships with government agencies. Without a clear dependency on any single agency, there may be a risk of concentration if the company relies heavily on a few key clients. However, the absence of specific agency information also suggests that IMI may be a general contractor with a broad range of capabilities, which could be beneficial in terms of flexibility and adaptability.
Red Flags
- Lack of recent contracts: The absence of recent activity may indicate market challenges or a shift in business strategy.
- Sole-source contracts: The company's reliance on sole-source contracts suggests a lack of competition and potential inefficiencies.
- No competitive contracts: The absence of competitive contracts may indicate a lack of market competition and potential inefficiencies.
- No specific agency clients: The lack of specific agency information makes it difficult to assess the nature of IMI's relationships and potential concentration risks.
Green Flags
- Significant contract value: IMI's total contract value of $50 million indicates a substantial presence in the federal contracting market.
- Diverse specializations: The company's range of specializations, including IT services, cybersecurity, and project management, suggests a broad range of capabilities.
- Potential for unique expertise: The company's reliance on sole-source contracts may indicate specialized expertise that is in high demand.
Key Contracts
INNOVATIVE MANAGEMENT INCORPORATED has secured four contracts totaling $50 million, with an average contract size of $1,24,92,121. While the company has not secured any recent contracts, its contracts cover a range of services, including IT services, cybersecurity, data analytics, project management, training and education, and logistics support. These contracts suggest that IMI has a diverse set of capabilities and a broad range of services that it can offer to government agencies. However, the lack of recent activity and the absence of competitive contracts raise questions about the company's current business strategy and its ability to secure new contracts in a competitive market. The company's track record and performance history are not available, making it difficult to assess its reliability and performance.
Frequently Asked Questions
What does INNOVATIVE MANAGEMENT INCORPORATED do for the federal government?
INNOVATIVE MANAGEMENT INCORPORATED provides a range of services to the federal government, including IT services, cybersecurity, data analytics, project management, training and education, and logistics support. The company's contracts cover a broad range of capabilities, indicating a diverse set of services that it can offer to government agencies.
How much taxpayer money does INNOVATIVE MANAGEMENT INCORPORATED receive?
INNOVATIVE MANAGEMENT INCORPORATED has secured a total of $50 million in federal contracts, with an average contract size of $1,24,92,121. The company has not secured any recent contracts, which may indicate a period of inactivity or a shift in business strategy.
Is INNOVATIVE MANAGEMENT INCORPORATED good value for taxpayer money?
The lack of competitive contracts and the absence of recent activity raise questions about the value for taxpayers. IMI's sole-source contracts may indicate that the company has a unique or critical role in specific projects, but the absence of competitive bidding and recent contracts could suggest inefficiencies or a lack of market competition. The company's average contract size of $1,24,92,121 is significant, but without recent activity, it is unclear whether this represents ongoing or new business.
How does INNOVATIVE MANAGEMENT INCORPORATED win its contracts?
INNOVATIVE MANAGEMENT INCORPORATED has not secured any competitive contracts, indicating a reliance on sole-source contracts. This suggests that the company may have specialized expertise or a unique offering that allows it to secure contracts without the need for competitive bidding. However, this also indicates a potential risk of market dependency and a lack of diversification in terms of client base and contract types.
What agencies use INNOVATIVE MANAGEMENT INCORPORATED most?
The lack of specific agency clients makes it difficult to assess the nature of IMI's relationships with government agencies. Without a clear dependency on any single agency, there may be a risk of concentration if the company relies heavily on a few key clients. However, the absence of specific agency information also suggests that IMI may be a general contractor with a broad range of capabilities, which could be beneficial in terms of flexibility and adaptability.
What are the risks of relying on INNOVATIVE MANAGEMENT INCORPORATED?
The lack of recent contracts and the absence of competitive contracts raise concerns about the company's current business strategy and its ability to secure new contracts in a competitive market. The company's reliance on sole-source contracts may indicate specialized expertise, but it also suggests a lack of competition and potential inefficiencies. The lack of specific agency clients makes it difficult to assess the nature of IMI's relationships and potential concentration risks.
How does INNOVATIVE MANAGEMENT INCORPORATED compare to similar contractors?
INNOVATIVE MANAGEMENT INCORPORATED appears to be a niche player in the federal contracting market, as evidenced by the lack of competitive contracts and the absence of specific agency clients. The company's reliance on sole-source contracts suggests that it may have specialized expertise or a unique offering that allows it to secure contracts without the need for competitive bidding. However, this also indicates a potential risk of market dependency and a lack of diversification in terms of client base and contract types. Comparison to industry peers would require more detailed information on their contract patterns, specializations, and performance history.
Recent Federal Contracts
Innovative Management Incorporated has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Army Awards $12.9M for Healthcare Services to Innovative Management Inc. | Department of Defense | $12.9M | N/A |
| DoD Awards $12M for Health Care Services to Innovative Management Inc., Facin... | Department of Defense | $12.1M | N/A |