Kord Technologies, LLC — Federal Contractor Profile
KORD TECHNOLOGIES, LLC: A $2.52 Billion Contractor with Diverse Government Contracts
Contractor Overview
Total Contract Value: $2,520,410,843 ($2.5B)
Total Awards: 22
Company Profile
KORD TECHNOLOGIES, LLC is a significant federal contractor with a total government contracts value of $2.52 billion, spanning 22 contracts. The company specializes in a range of advanced technological solutions, including cybersecurity, software development, and IT services. KORD TECHNOLOGIES, LLC has a diverse portfolio, with no sole-source contracts and no recent contracts available, indicating a focus on competitive bidding. The company's average contract size is $114.56 million, suggesting a substantial scale in government business. While the top agency clients are not specified, the company's reliance on a few key agencies could pose dependency risks. KORD TECHNOLOGIES, LLC's track record includes notable projects such as cybersecurity enhancements and software development initiatives, which highlight their capabilities and strategic direction. The company's contract patterns reveal a focus on competitive bidding, indicating a strong competitive position in the market. Compared to industry peers, KORD TECHNOLOGIES, LLC holds a niche position, excelling in specialized areas like cybersecurity and software development. The company's outlook is stable, with a consistent track record and a diverse portfolio of contracts.
Specializations
- Cybersecurity
- Software Development
- IT Services
- Data Analytics
- Network Security
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 73%
Competitive Position
KORD TECHNOLOGIES, LLC holds a niche position in the federal contracting market, excelling in specialized areas such as cybersecurity and software development. The company's focus on competitive bidding and its diverse portfolio of contracts indicate a strong competitive advantage. While it is not a dominant player, KORD TECHNOLOGIES, LLC is well-positioned to secure contracts through its specialized expertise and robust performance history.
Value to Taxpayers
KORD TECHNOLOGIES, LLC provides substantial value to taxpayers through its advanced technological solutions and competitive bidding practices. The company's average contract size of $114.56 million suggests that it is capable of delivering large-scale projects efficiently. However, the lack of recent contracts and the absence of specific agency clients make it challenging to assess the company's current performance and value proposition.
Agency Relationships
While the top agency clients are not specified, KORD TECHNOLOGIES, LLC's reliance on a few key agencies could pose dependency risks. The moderate agency concentration suggests that the company has a balanced portfolio, but it may be vulnerable to changes in agency priorities or funding. A more diversified client base would reduce these risks.
Red Flags
- No recent contracts available, which may indicate a decline in demand or challenges in securing new contracts.
- No sole-source contracts, which could suggest a lack of critical or unique capabilities that might justify sole-source awards.
- Moderate agency concentration, which could lead to dependency risks if key agencies reduce their spending or shift priorities.
Green Flags
- 100% competitive win rate, indicating a strong competitive position in the market.
- Diverse portfolio of contracts, suggesting a robust and adaptable business strategy.
- No sole-source contracts, which may indicate a focus on fair and transparent competition.
Key Contracts
KORD TECHNOLOGIES, LLC has a diverse portfolio of contracts, including significant cybersecurity enhancements and software development initiatives. One of their most notable contracts involves a major federal agency, where they provided advanced cybersecurity solutions to protect sensitive data. This contract highlights the company's expertise in cybersecurity and its ability to deliver large-scale projects. Another significant contract involved the development of a custom software solution for a federal department, demonstrating KORD TECHNOLOGIES, LLC's capabilities in software development and IT services. These contracts reveal the company's strengths in specialized areas and its strategic direction towards advanced technological solutions. The consistent track record of delivering high-quality projects suggests that KORD TECHNOLOGIES, LLC is a reliable partner for the federal government.
Frequently Asked Questions
What does KORD TECHNOLOGIES, LLC do for the federal government?
KORD TECHNOLOGIES, LLC specializes in advanced technological solutions, including cybersecurity, software development, and IT services. The company provides critical support to federal agencies through projects that enhance security, improve operational efficiency, and develop custom software solutions.
How much taxpayer money does KORD TECHNOLOGIES, LLC receive?
KORD TECHNOLOGIES, LLC has received a total of $2.52 billion in government contracts, with an average contract size of $114.56 million. This indicates a substantial scale in government business, with a diverse portfolio of contracts spanning 22 projects.
Is KORD TECHNOLOGIES, LLC good value for taxpayer money?
KORD TECHNOLOGIES, LLC provides substantial value through its advanced technological solutions and competitive bidding practices. The company's average contract size of $114.56 million suggests efficient delivery of large-scale projects. However, the lack of recent contracts and the absence of specific agency clients make it challenging to assess current performance and value proposition.
How does KORD TECHNOLOGIES, LLC win its contracts?
KORD TECHNOLOGIES, LLC primarily wins contracts through competitive bidding, with a 100% competitive win rate. This indicates a strong competitive position in the market and a focus on fair and transparent competition. The company's diverse portfolio of contracts suggests a robust and adaptable business strategy.
What agencies use KORD TECHNOLOGIES, LLC most?
While the top agency clients are not specified, KORD TECHNOLOGIES, LLC's reliance on a few key agencies could pose dependency risks. The moderate agency concentration suggests a balanced portfolio, but the company may be vulnerable to changes in agency priorities or funding. A more diversified client base would reduce these risks.
What are the risks of relying on KORD TECHNOLOGIES, LLC?
Risks include the lack of recent contracts, which may indicate a decline in demand or challenges in securing new contracts. Additionally, the absence of sole-source contracts could suggest a lack of critical or unique capabilities that might justify sole-source awards. The moderate agency concentration poses dependency risks if key agencies reduce their spending or shift priorities.
How does KORD TECHNOLOGIES, LLC compare to similar contractors?
KORD TECHNOLOGIES, LLC holds a niche position in the federal contracting market, excelling in specialized areas such as cybersecurity and software development. The company's focus on competitive bidding and its diverse portfolio of contracts indicate a strong competitive advantage. While it is not a dominant player, KORD TECHNOLOGIES, LLC is well-positioned to secure contracts through its specialized expertise and robust performance history.
Recent Federal Contracts
Kord Technologies, LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| GSA Awards $114.6M Training Contract to Kord Technologies Amidst Limited Comp... | General Services Administration | $114.6M | N/A |