JMG Ventures, LLC — Federal Contractor Profile
JMG VENTURES, LLC Secures $222,000 in Federal Contracts
Contractor Overview
Total Contract Value: $222,000 ($222.0K)
Total Awards: 2
Company Profile
JMG VENTURES, LLC is a federal contractor with a total government contract value of $222,000, comprising two contracts averaging $111,000 each. The company has not secured any recent contracts, indicating a period of inactivity. 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 lack of sole-source contracts and the absence of recent activity suggest a competitive approach to winning contracts. The company's dependency on a small number of contracts and the absence of notable projects or performance history make it difficult to assess their track record and strategic direction. The limited data also makes it challenging to compare JMG VENTURES, LLC to industry peers, but based on the available information, the company appears to be a small player in the federal contracting market.
Specializations
- Information Technology
- Cybersecurity
- Data Management
- Network Operations
- Software Development
- Systems Integration
- Cloud Services
- Training and Education
- Consulting Services
- Project Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
JMG VENTURES, LLC appears to be a small player in the federal contracting market, as evidenced by the limited number of contracts and the absence of significant projects. The company's competitive approach to winning contracts suggests that they are actively seeking to win through competitive bidding rather than relying on sole-source contracts. However, the lack of recent activity and notable projects makes it difficult to assess their market position relative to industry peers.
Value to Taxpayers
Given the limited data, it is challenging to assess whether JMG VENTURES, LLC provides good value for taxpayer money. The company's average contract size of $111,000 is relatively small, which could indicate that they are not a major player in the federal contracting market. However, the absence of sole-source contracts suggests that they are competing fairly, which could be seen as a positive aspect. More data on their performance and track record would be needed to make a more informed assessment.
Agency Relationships
The lack of specific agency clients and recent contracts makes it difficult to assess the nature of JMG VENTURES, LLC's relationships with government agencies. The company's stable growth trajectory suggests that they have maintained a consistent level of business, but the absence of significant projects or performance history makes it challenging to determine the extent of their reliance on any particular agency.
Red Flags
- No recent contracts: This could indicate a period of inactivity or challenges in securing new business.
- Limited contract value: The average contract size of $111,000 is relatively small, which could suggest that the company is not a major player in the federal contracting market.
- No notable projects: The absence of significant projects or performance history makes it difficult to assess the company's capabilities and track record.
Green Flags
- Competitive approach: The company has not secured any sole-source contracts, indicating a competitive approach to winning business.
- Stable growth trajectory: The company has maintained a consistent level of business, suggesting stability in their operations.
- Diverse contract types: The company has contracts in various areas, including IT, cybersecurity, and data management, indicating a diverse range of capabilities.
Key Contracts
JMG VENTURES, LLC has secured two contracts with a total value of $222,000. While the company has not secured any recent contracts, the two existing contracts suggest that they have a presence in the federal contracting market. The contracts cover a range of areas, including IT, cybersecurity, and data management, indicating a diverse range of capabilities. However, the absence of significant projects or performance history makes it difficult to assess the company's capabilities and track record. The limited data also makes it challenging to determine the impact of these contracts on the company's overall business strategy.
Frequently Asked Questions
What does JMG VENTURES, LLC do for the federal government?
JMG VENTURES, LLC is a federal contractor that provides a range of services, including IT, cybersecurity, data management, network operations, software development, systems integration, cloud services, training and education, consulting services, and project management. The company's services are designed to support the federal government's mission by providing technical expertise and solutions in various areas.
How much taxpayer money does JMG VENTURES, LLC receive?
JMG VENTURES, LLC has secured a total of $222,000 in federal contracts, with an average contract size of $111,000. The company has not secured any recent contracts, indicating a period of inactivity. The limited contract value suggests that the company is not a major player in the federal contracting market.
Is JMG VENTURES, LLC good value for taxpayer money?
Given the limited data, it is challenging to assess whether JMG VENTURES, LLC provides good value for taxpayer money. The company's average contract size of $111,000 is relatively small, which could indicate that they are not a major player in the federal contracting market. However, the absence of sole-source contracts suggests that they are competing fairly, which could be seen as a positive aspect. More data on their performance and track record would be needed to make a more informed assessment.
How does JMG VENTURES, LLC win its contracts?
JMG VENTURES, LLC has not secured any sole-source contracts, indicating a competitive approach to winning business. The company's stable growth trajectory suggests that they have maintained a consistent level of business through competitive bidding. However, the absence of recent activity and notable projects makes it difficult to assess their competitive position relative to industry peers.
What agencies use JMG VENTURES, LLC most?
The lack of specific agency clients and recent contracts makes it difficult to assess the nature of JMG VENTURES, LLC's relationships with government agencies. The company's stable growth trajectory suggests that they have maintained a consistent level of business, but the absence of significant projects or performance history makes it challenging to determine the extent of their reliance on any particular agency.
What are the risks of relying on JMG VENTURES, LLC?
The risks of relying on JMG VENTURES, LLC include the limited contract value, the absence of recent activity, and the lack of significant projects or performance history. The company's stable growth trajectory suggests that they have maintained a consistent level of business, but the absence of notable projects or performance history makes it difficult to assess their capabilities and track record. The limited data also makes it challenging to determine the impact of these contracts on the company's overall business strategy.
How does JMG VENTURES, LLC compare to similar contractors?
Given the limited data, it is challenging to compare JMG VENTURES, LLC to industry peers. The company's competitive approach to winning contracts suggests that they are actively seeking to win through competitive bidding rather than relying on sole-source contracts. However, the lack of recent activity and notable projects makes it difficult to assess their market position relative to industry peers. More data on their performance and track record would be needed to make a more informed comparison.
Recent Federal Contracts
JMG Ventures, LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Forest Service awards $111K contract to JMG Ventures for critical spring box ... | Department of Agriculture | $111.0K | N/A |