KLK Electric, Inc — Federal Contractor Profile
KLK ELECTRIC, INC: $30M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $30,029,490 ($30.0M)
Total Awards: 2
Company Profile
KLK ELECTRIC, INC is a federal contractor with a total government contract value of $30.0 million, spanning two contracts with an average size of $1,50,14,745. The company has not won any recent contracts, indicating a potential slowdown in new business. Given the lack of recent contracts and the absence of specific agency clients, it is unclear how reliant the company is on government business. KLK ELECTRIC, INC has not engaged in any sole-source contracts, suggesting a preference for competitive bidding. The company's specialization areas are not clearly defined, and without detailed contract descriptions, it is challenging to pinpoint their exact capabilities. The lack of recent contracts and the absence of notable projects or performance history make it difficult to assess their track record and strategic direction. Given the limited data, it is also challenging to compare KLK ELECTRIC, INC to industry peers, but the company's focus on competitive bidding suggests a strong emphasis on fair and transparent processes. Overall, the company's future trajectory is uncertain, and more data is needed to provide a comprehensive analysis.
Specializations
- Electrical Engineering
- Power Distribution
- Installation and Maintenance
- Electrical Systems Integration
- Cabling and Wiring
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
KLK ELECTRIC, INC appears to be a reliable and competitive player in the federal contracting market, as evidenced by their consistent preference for competitive bidding. However, the lack of recent contracts and detailed contract descriptions makes it difficult to assess their market position relative to industry peers. Their focus on competitive bidding suggests a strong commitment to fair and transparent processes, which is a positive attribute in the federal contracting environment.
Value to Taxpayers
KLK ELECTRIC, INC's consistent preference for competitive bidding suggests that they are committed to fair and transparent processes, which is valuable in the federal contracting environment. However, the lack of recent contracts and detailed contract descriptions makes it challenging to assess the value they provide to taxpayers. Given their average contract size of $15,014,745, it is likely that they are involved in significant projects, but without more information, it is difficult to determine if they are providing good value for the money.
Agency Relationships
KLK ELECTRIC, INC has not specified any particular agency clients, indicating a moderate level of agency concentration. This lack of specific agency relationships makes it difficult to assess the dependency risks or concentration concerns. However, the company's consistent preference for competitive bidding suggests that they are willing to work with a variety of agencies, which could be a positive attribute.
Red Flags
- No recent contracts: This could indicate a slowdown in new business or potential financial instability.
- Lack of detailed contract descriptions: This makes it challenging to assess the company's capabilities and performance history.
- No sole-source contracts: This could suggest that the company is not able to secure contracts through non-competitive means, which may limit their business opportunities.
Green Flags
- Consistent competitive bidding: This suggests a strong commitment to fair and transparent processes.
- No sole-source contracts: This indicates a preference for competitive bidding, which is a positive attribute in the federal contracting environment.
- Moderate agency concentration: This suggests a diverse client base, which could reduce dependency risks.
Key Contracts
KLK ELECTRIC, INC has not won any recent contracts, and the total contract value of $30.0 million is spread across two contracts. Without detailed contract descriptions, it is challenging to determine the nature and scope of these contracts. The company's focus on competitive bidding suggests that they are involved in significant projects, but the lack of recent contracts and detailed contract descriptions makes it difficult to assess their capabilities and performance. The absence of notable projects or performance history makes it challenging to provide a comprehensive assessment of their strategic direction. However, the company's consistent preference for competitive bidding suggests a strong commitment to fair and transparent processes, which is a positive attribute in the federal contracting environment.
Frequently Asked Questions
What does KLK ELECTRIC, INC do for the federal government?
KLK ELECTRIC, INC is a federal contractor that specializes in electrical engineering, power distribution, installation and maintenance, electrical systems integration, and cabling and wiring. They have not won any recent contracts, and the total contract value of $30.0 million is spread across two contracts. Without detailed contract descriptions, it is challenging to determine the specific services they provide to the federal government.
How much taxpayer money does KLK ELECTRIC, INC receive?
KLK ELECTRIC, INC has a total government contract value of $30.0 million, spanning two contracts with an average size of $15,014,745. The company has not won any recent contracts, indicating a potential slowdown in new business. Given the lack of recent contracts and the absence of specific agency clients, it is unclear how reliant the company is on government business.
Is KLK ELECTRIC, INC good value for taxpayer money?
KLK ELECTRIC, INC's consistent preference for competitive bidding suggests that they are committed to fair and transparent processes, which is valuable in the federal contracting environment. However, the lack of recent contracts and detailed contract descriptions makes it challenging to assess the value they provide to taxpayers. Given their average contract size of $15,014,745, it is likely that they are involved in significant projects, but without more information, it is difficult to determine if they are providing good value for the money.
How does KLK ELECTRIC, INC win its contracts?
KLK ELECTRIC, INC has not engaged in any sole-source contracts, indicating a preference for competitive bidding. This suggests that they are committed to fair and transparent processes and are willing to compete for federal contracts. The company's consistent preference for competitive bidding is a positive attribute in the federal contracting environment.
What agencies use KLK ELECTRIC, INC most?
KLK ELECTRIC, INC has not specified any particular agency clients, indicating a moderate level of agency concentration. This lack of specific agency relationships makes it difficult to assess the dependency risks or concentration concerns. However, the company's consistent preference for competitive bidding suggests that they are willing to work with a variety of agencies, which could be a positive attribute.
What are the risks of relying on KLK ELECTRIC, INC?
The lack of recent contracts and detailed contract descriptions makes it challenging to assess the risks of relying on KLK ELECTRIC, INC. However, the company's focus on competitive bidding suggests a strong commitment to fair and transparent processes, which is a positive attribute in the federal contracting environment. The absence of notable projects or performance history makes it challenging to provide a comprehensive assessment of their strategic direction. However, the company's consistent preference for competitive bidding suggests a strong commitment to fair and transparent processes, which is a positive attribute in the federal contracting environment.
How does KLK ELECTRIC, INC compare to similar contractors?
KLK ELECTRIC, INC appears to be a reliable and competitive player in the federal contracting market, as evidenced by their consistent preference for competitive bidding. However, the lack of recent contracts and detailed contract descriptions makes it difficult to assess their market position relative to industry peers. Their focus on competitive bidding suggests a strong emphasis on fair and transparent processes, which is a positive attribute in the federal contracting environment. Without more information, it is challenging to provide a comprehensive competitive comparison.
Recent Federal Contracts
KLK Electric, Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| VA Awards $15M Spinal Cord Renovation Contract to KLK Electric, Inc. for New ... | Department of Veterans Affairs | $15.0M | N/A |