King Street Technology Partners, LLC — Federal Contractor Profile

KING STREET TECHNOLOGY PARTNERS, LLC Secures $493.7 Million in Federal Contracts

Contractor Overview

Total Contract Value: $493,669,340 ($493.7M)

Total Awards: 17

Company Profile

KING STREET TECHNOLOGY PARTNERS, LLC is a federal contractor with a significant presence in government spending, having secured contracts totaling $493.7 million. The company operates with a diverse portfolio, engaging in a wide range of technology and support services. However, the lack of specific agency clients and recent contracts suggests a potentially limited or evolving relationship with government agencies. The company's average contract size of $2,90,39,373 indicates substantial engagements, but the absence of competitive or sole-source patterns in their contract acquisition process is noteworthy. This profile will explore the company's capabilities, its relationship with government agencies, the scale and nature of its government business, and its strategic direction.

Specializations

  • Cybersecurity
  • IT Services
  • Data Management
  • Network Operations
  • Cloud Services
  • Software Development
  • Systems Integration
  • Training and Education
  • Consulting Services
  • Project Management

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 recompete/renewal contracts available)

Competitive Position

KING STREET TECHNOLOGY PARTNERS, LLC operates in a niche market, relying on sole-source contracts, which suggests a specialized or unique offering that meets specific government needs. However, the lack of competitive bidding indicates a potential risk of overpricing or lack of market competition, which could impact the value for taxpayers.

Value to Taxpayers

While KING STREET TECHNOLOGY PARTNERS, LLC secures significant contracts, the absence of competitive bidding raises concerns about potential cost overruns. The company's specialized services and unique offerings may justify higher costs, but taxpayers should be vigilant to ensure that the company's services are delivered at fair market rates.

Agency Relationships

The lack of specific agency clients and recent contracts indicates that KING STREET TECHNOLOGY PARTNERS, LLC may not have a strong or consistent relationship with any particular government agency. This could pose risks if the company becomes overly dependent on a single client, which could lead to instability in its government business.

Red Flags

  • 100% sole-source contracts: This suggests a lack of competition, which could lead to higher costs and reduced oversight.
  • No recent contracts: This could indicate a lack of ongoing engagement with government agencies, which may be a red flag for stability.
  • No competitive bidding: The absence of competitive bidding in contract acquisition could indicate a lack of market competition, which may lead to higher costs.
  • Limited agency concentration: The lack of specific agency clients suggests a potentially limited or evolving relationship with government agencies, which could pose risks.
  • No recompete/renewal contracts: The absence of recompete/renewal contracts could indicate a lack of ongoing engagement and stability in the company's government business.

Green Flags

  • Diverse portfolio: The company's engagement in a wide range of technology and support services suggests a diverse and adaptable business model.
  • Significant contract value: The company's total contract value of $493.7 million indicates substantial government business, which could be a positive indicator of its capabilities and market presence.
  • Specialized services: The company's focus on niche areas such as cybersecurity and IT services suggests a specialized and unique offering that may meet specific government needs.

Key Contracts

KING STREET TECHNOLOGY PARTNERS, LLC has secured a significant number of contracts totaling $493.7 million, indicating a strong presence in the federal contracting market. However, the absence of specific agency clients and recent contracts suggests a potentially limited or evolving relationship with government agencies. The company's diverse portfolio, which includes cybersecurity, IT services, data management, and cloud services, suggests a broad range of capabilities. The lack of competitive bidding and the absence of recompete/renewal contracts could indicate a lack of market competition and ongoing engagement with government agencies, which may pose risks to the company's stability and value for taxpayers.

Frequently Asked Questions

What does KING STREET TECHNOLOGY PARTNERS, LLC do for the federal government?

KING STREET TECHNOLOGY PARTNERS, LLC provides a wide range of technology and support services, including cybersecurity, IT services, data management, network operations, cloud services, software development, systems integration, training and education, and consulting services. The company supports various federal agencies in mission-critical areas, ensuring the security and efficiency of government operations.

How much taxpayer money does KING STREET TECHNOLOGY PARTNERS, LLC receive?

KING STREET TECHNOLOGY PARTNERS, LLC has secured contracts totaling $493.7 million, indicating a significant investment of taxpayer money. The average contract size of $29,039,373 suggests substantial engagements with government agencies, but the lack of recent contracts and competitive bidding raises concerns about the stability and value of these contracts.

Is KING STREET TECHNOLOGY PARTNERS, LLC good value for taxpayer money?

While KING STREET TECHNOLOGY PARTNERS, LLC secures significant contracts, the absence of competitive bidding and the lack of recent contracts raise concerns about potential cost overruns. The company's specialized services and unique offerings may justify higher costs, but taxpayers should be vigilant to ensure that the company's services are delivered at fair market rates.

How does KING STREET TECHNOLOGY PARTNERS, LLC win its contracts?

KING STREET TECHNOLOGY PARTNERS, LLC primarily wins contracts through sole-source procurement, indicating a specialized or unique offering that meets specific government needs. However, the lack of competitive bidding suggests a potential risk of overpricing or lack of market competition, which could impact the value for taxpayers.

What agencies use KING STREET TECHNOLOGY PARTNERS, LLC most?

The lack of specific agency clients and recent contracts indicates that KING STREET TECHNOLOGY PARTNERS, LLC may not have a strong or consistent relationship with any particular government agency. This could pose risks if the company becomes overly dependent on a single client, which could lead to instability in its government business.

What are the risks of relying on KING STREET TECHNOLOGY PARTNERS, LLC?

The risks of relying on KING STREET TECHNOLOGY PARTNERS, LLC include the potential for cost overruns due to the absence of competitive bidding, the lack of recent contracts indicating a potentially limited or evolving relationship with government agencies, and the absence of recompete/renewal contracts, which could indicate a lack of ongoing engagement and stability in the company's government business.

How does KING STREET TECHNOLOGY PARTNERS, LLC compare to similar contractors?

KING STREET TECHNOLOGY PARTNERS, LLC operates in a niche market, relying on sole-source contracts, which suggests a specialized or unique offering that meets specific government needs. However, the lack of competitive bidding indicates a potential risk of overpricing or lack of market competition, which could impact the value for taxpayers. Compared to industry peers, the company's focus on niche areas such as cybersecurity and IT services suggests a specialized and unique offering, but the lack of market competition and ongoing engagement with government agencies could pose risks to the company's stability and value for taxpayers.

Recent Federal Contracts

King Street Technology Partners, LLC has 6 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
VA Awards $55M T4NG Task Order for Enterprise Mobility Management to King Str...Department of Veterans Affairs$55.1MN/A
VA awards $39.6M contract for computer systems design to King Street Technolo...Department of Veterans Affairs$39.6MN/A
VA awards $23.8M task order to King Street Technology Partners for IT support.Department of Veterans Affairs$23.9MN/A
VA awards $21.5M for Avaya PBX maintenance, with King Street Technology Partn...Department of Veterans Affairs$21.5MN/A
VA awards $12.4M Enterprise Mobility Management contract to King Street Techn...Department of Veterans Affairs$12.4MN/A
VA Awards $7.1M Task Order for SPM Product Operations Support to King Street ...Department of Veterans Affairs$7.1MN/A

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