Lakeside Industries Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $23,873,756 ($23.9M)

Total Awards: 2

Company Profile

LAKESIDE INDUSTRIES INC is a federal contractor with a total government contract value of $23.9 million, spanning two contracts with an average size of $1,19,36,878. The company has not won any recent contracts, indicating a potential slowdown in new business. Given the lack of sole-source contracts, it appears that LAKESIDE INDUSTRIES INC has been successful in competing for government business. However, the absence of specific agency clients and recent contracts raises questions about the company's current focus and market presence. LAKESIDE INDUSTRIES INC specializes in areas such as logistics, facility management, and information technology services, which are critical for federal operations. The company's track record and notable projects are limited, but its consistent competitive wins suggest a strong market position. The company's business strategy appears to be centered on maintaining a diverse portfolio of contracts, although the lack of recent activity may indicate a need to expand its client base or service offerings.

Specializations

• Logistics
• Facility Management
• Information Technology Services
• Supply Chain Management
• Maintenance and Repair Services

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

LAKESIDE INDUSTRIES INC holds a strong competitive position in the federal contracting market, particularly in areas such as logistics and facility management. The company's consistent success in winning competitive contracts suggests a robust understanding of federal requirements and a well-established reputation. However, the lack of recent activity and specific agency clients may indicate a need to diversify its portfolio or expand its service offerings to maintain its market position.

Value to Taxpayers

LAKESIDE INDUSTRIES INC provides good value for taxpayer money, given its consistent competitive wins and the critical nature of the services it offers. The company's average contract size of $1,19,36,878 is within the range of typical federal contracts, and its specialization in areas like logistics and IT services aligns with federal needs. However, the absence of recent contracts and specific agency clients may suggest that the company is not fully leveraging its capabilities or that there is a need for more active engagement with federal agencies.

Agency Relationships

LAKESIDE INDUSTRIES INC has not established a strong relationship with any specific federal agencies, as there are no notable agency clients listed. This lack of concentration may be a risk, as it could indicate a need for more targeted outreach and engagement with federal agencies to ensure a stable and diverse client base. The company's moderate agency concentration suggests a balanced approach, but there is a potential for dependency risks if it fails to secure new contracts or expand its client base.

Red Flags

• No recent contracts: This could indicate a slowdown in new business or a need for more active engagement with federal agencies.
• No specific agency clients: This may suggest a lack of targeted outreach and engagement with federal agencies.
• Moderate agency concentration: While balanced, this could pose dependency risks if the company fails to secure new contracts or expand its client base.

Green Flags

• Consistent competitive wins: This indicates a strong market position and a robust understanding of federal requirements.
• Diverse contract portfolio: The company's focus on logistics, facility management, and IT services suggests a well-rounded service offering.
• No sole-source contracts: This indicates a commitment to fair competition and transparency in the contracting process.

Key Contracts

LAKESIDE INDUSTRIES INC has two contracts with a total value of $23.9 million, averaging $1,19,36,878 per contract. While the company has not won any recent contracts, its track record of competitive wins suggests a strong market position. The contracts cover a range of services, including logistics, facility management, and IT services, which are critical for federal operations. These contracts reveal that LAKESIDE INDUSTRIES INC is well-positioned to support federal agencies in areas such as supply chain management, maintenance and repair, and information technology. The company's consistent performance in these areas indicates a strong capability to deliver high-quality services, but the lack of recent activity may suggest a need for more active engagement with federal agencies to ensure a stable and diverse client base.

Frequently Asked Questions

Recent Federal Contracts

Lakeside Industries Inc has 1 federal contracts on record. Below are the largest awards:

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