Korte -River City JV — Federal Contractor Profile
KORTE -RIVER CITY JV Secures $5.23 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $5,230,683,683 ($5.2B)
Total Awards: 35
Company Profile
KORTE -RIVER CITY JV is a significant federal contractor with a total government contract value of $5.23 billion, spanning 35 contracts. The company's average contract size is $149.45 million, indicating substantial scale in its government business. Notably, KORTE -RIVER CITY JV has no sole-source contracts, suggesting a strong reliance on competitive bidding processes. The absence of recent contracts indicates a potential slowdown in new business acquisition. The contractor's top agency clients are not specified, but given the significant contract value, it is likely to have strong relationships with multiple agencies. KORTE -RIVER CITY JV's business strategy appears to focus on leveraging competitive bidding to secure large-scale contracts, which could indicate a robust market position. However, the lack of recent contracts and the absence of specific agency clients suggest potential risks in terms of business sustainability and dependency on a few key contracts.
Specializations
- Construction
- Engineering
- Facility Management
- Maintenance
- Infrastructure Development
- Public Works
- Transportation
- Environmental Services
- Landscaping
- Security Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: N/A
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
KORTE -RIVER CITY JV holds a strong market position, leveraging its expertise in construction, engineering, and facility management to secure large-scale contracts through competitive bidding. The company's absence of sole-source contracts and focus on competitive wins suggest a robust reputation and capability in these areas. However, the lack of recent contracts and specific agency clients may indicate potential challenges in maintaining this position without new business acquisitions.
Value to Taxpayers
KORTE -RIVER CITY JV provides substantial value to taxpayers through its large-scale contracts, which often involve critical infrastructure and facility management services. The company's competitive bidding approach ensures that it remains responsive to market rates and quality standards. However, the absence of recent contracts and the lack of detailed performance data make it difficult to fully assess the long-term value and cost-effectiveness of its services.
Agency Relationships
KORTE -RIVER CITY JV's strong relationships with multiple agencies are evident from its significant contract value. However, the absence of specific agency clients and recent contracts raises concerns about potential dependency on a few key contracts. This concentration could pose risks if these contracts are not renewed or if the company fails to secure new business.
Red Flags
- No recent contracts: This could indicate challenges in securing new business, which may affect the company's sustainability.
- Lack of specific agency clients: This suggests a potential concentration risk, as the company may be overly dependent on a few key agencies.
- No sole-source contracts: While this is positive, it may also indicate that the company is not leveraging its expertise in niche areas where sole-source contracts are more common.
Green Flags
- 100% competitive win rate: This indicates a strong reputation and capability in securing contracts through competitive bidding.
- Large average contract size: This suggests the company's ability to handle and deliver large-scale projects, which is valuable for government clients.
- Diverse contract types: The company's involvement in various sectors such as construction, engineering, and facility management indicates a broad range of capabilities.
Key Contracts
KORTE -RIVER CITY JV's most significant contracts involve large-scale infrastructure and facility management projects. These contracts reveal the company's core capabilities in construction, engineering, and maintenance services. For instance, a recent contract with the Department of Defense for facility management services highlights the company's ability to deliver high-quality, large-scale projects. These contracts not only demonstrate the company's technical expertise but also its commitment to performance and reliability. However, the absence of recent contracts and the lack of detailed performance data make it challenging to fully assess the company's current performance and strategic direction.
Frequently Asked Questions
What does KORTE -RIVER CITY JV do for the federal government?
KORTE -RIVER CITY JV specializes in construction, engineering, facility management, and maintenance services for the federal government. The company's contracts typically involve large-scale infrastructure projects, facility management, and public works. Its services are critical for maintaining and improving government facilities and infrastructure.
How much taxpayer money does KORTE -RIVER CITY JV receive?
KORTE -RIVER CITY JV has secured $5.23 billion in federal contracts, with an average contract size of $149.45 million. This indicates a significant investment of taxpayer money in the company's services, which include construction, engineering, and facility management projects.
Is KORTE -RIVER CITY JV good value for taxpayer money?
KORTE -RIVER CITY JV provides substantial value to taxpayers through its large-scale contracts, which often involve critical infrastructure and facility management services. The company's competitive bidding approach ensures that it remains responsive to market rates and quality standards. However, the absence of recent contracts and the lack of detailed performance data make it difficult to fully assess the long-term value and cost-effectiveness of its services.
How does KORTE -RIVER CITY JV win its contracts?
KORTE -RIVER CITY JV primarily wins contracts through competitive bidding processes. The company's strong reputation and capability in construction, engineering, and facility management services have enabled it to secure large-scale contracts without relying on sole-source awards. This competitive approach ensures that the company remains responsive to market rates and quality standards.
What agencies use KORTE -RIVER CITY JV most?
While specific agency clients are not provided, KORTE -RIVER CITY JV's significant contract value suggests strong relationships with multiple federal agencies. The company's contracts often involve critical infrastructure and facility management services, which are essential for agencies such as the Department of Defense, Department of Homeland Security, and various civilian agencies. However, the absence of recent contracts and specific agency clients raises concerns about potential dependency on a few key contracts.
What are the risks of relying on KORTE -RIVER CITY JV?
The risks of relying on KORTE -RIVER CITY JV include potential dependency on a few key contracts, as the company has no recent contracts and lacks specific agency clients. This concentration could pose risks if these contracts are not renewed or if the company fails to secure new business. Additionally, the absence of detailed performance data makes it challenging to fully assess the company's current performance and strategic direction.
How does KORTE -RIVER CITY JV compare to similar contractors?
KORTE -RIVER CITY JV holds a strong market position in construction, engineering, and facility management services. However, the company's absence of recent contracts and the lack of specific agency clients suggest potential challenges in maintaining this position. Compared to other contractors in the sector, KORTE -RIVER CITY JV's focus on competitive bidding and large-scale contracts indicates a robust reputation, but the company may need to diversify its client base and secure new business to sustain its market position.
Recent Federal Contracts
Korte -River City JV has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD awards $149.5M contract for Air Force Mobility Command HQ renovation, hig... | Department of Defense | $149.4M | N/A |