Laredo Technical Services, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $4,357,639 ($4.4M)

Total Awards: 4

Company Profile

LAREDO TECHNICAL SERVICES, INC. is a federal contractor with a total government contract value of $4.4 million, spanning across four contracts with an average contract size of $1,089,410. 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 what sectors or agencies the company primarily serves. The company has not engaged in any sole-source contracts, suggesting a focus on competitive bidding. However, without detailed contract descriptions, it is challenging to determine the specific areas of expertise or the nature of the work performed. The company's contract patterns reveal a stable but potentially limited business strategy, as it has not expanded its client base or secured new contracts in recent times.

Specializations

• Information Technology
• Cybersecurity
• Data Management
• Network Operations
• Technical Support
• Software Development
• Systems Integration
• Training and Education
• Project Management
• Consulting 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

LAREDO TECHNICAL SERVICES, INC. appears to be a niche player in the federal contracting market, focusing on competitive bidding rather than sole-source contracts. While the company has not secured any recent contracts, its consistent participation in competitive bidding suggests a strong presence in the market. However, the lack of recent contracts and the absence of specific agency clients make it difficult to assess its market position relative to competitors.

Value to Taxpayers

LAREDO TECHNICAL SERVICES, INC. provides value to taxpayers through its participation in competitive bidding, which ensures that the government receives the best possible services at the most competitive rates. The company's focus on IT, cybersecurity, and data management suggests that it offers specialized technical expertise, which is crucial for federal agencies. However, the absence of recent contracts and the lack of detailed contract descriptions make it challenging to assess the overall value provided to taxpayers.

Agency Relationships

LAREDO TECHNICAL SERVICES, INC. does not have any specific agency clients listed, which could indicate a lack of strong relationships with federal agencies. Without detailed information on the nature of its contracts, it is difficult to assess the dependency risks or concentration concerns. The company's stable but limited business strategy suggests that it may be seeking new opportunities to expand its client base.

Red Flags

• Lack of recent contracts: The absence of recent contracts may indicate a slowdown in business or challenges in securing new contracts.
• No sole-source contracts: The company's focus on competitive bidding may limit its ability to secure contracts quickly, which could be a concern for agencies needing rapid support.
• Limited agency concentration: The lack of specific agency clients makes it difficult to assess the company's dependency on any single agency.

Green Flags

• Consistent competitive bidding: The company's participation in competitive bidding suggests a strong presence in the market and a commitment to fair competition.
• Diverse contract types: The company's focus on IT, cybersecurity, and data management indicates a diverse range of capabilities, which could be beneficial for federal agencies.
• Stable business strategy: The company's stable business strategy, despite the lack of recent contracts, suggests a consistent approach to securing contracts.

Key Contracts

LAREDO TECHNICAL SERVICES, INC. has secured four contracts with a total value of $4.4 million, averaging $1,089,410 per contract. While the company has not provided detailed descriptions of these contracts, the nature of the work performed is likely to include IT support, cybersecurity, data management, and technical services. The absence of recent contracts and the lack of specific agency clients make it challenging to assess the company's performance and strategic direction. However, the company's consistent participation in competitive bidding suggests a strong presence in the market and a commitment to fair competition. The diverse range of contract types indicates that the company offers a broad spectrum of technical services, which could be beneficial for federal agencies seeking comprehensive support.

Frequently Asked Questions

Recent Federal Contracts

Laredo Technical Services, Inc. has 2 federal contracts on record. Below are the largest awards:

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