Lata/Parallax Portsmouth, LLC — Federal Contractor Profile
LATA/PARALLAX PORTSMOUTH, LLC Secures $144 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $144,100,908,513 ($144.1B)
Total Awards: 289
Company Profile
LATA/PARALLAX PORTSMOUTH, LLC is a significant federal contractor with a substantial footprint in government spending, having secured over $144 billion in contracts. The company's core capabilities and specializations are not explicitly detailed in the available data, but given the scale of their operations, they likely offer a broad range of services and products to support various government agencies. The lack of recent contracts and detailed information on specific agencies suggests a potentially stable but less dynamic business model. The company's contract patterns reveal a focus on large, sole-source contracts, indicating a strong position in the market but also raising concerns about competition and potential cost overruns. LATA/PARALLAX PORTSMOUTH, LLC's track record and performance history are not detailed, but their significant contract value suggests a history of successful engagements. The company's business strategy appears to be centered around leveraging its size and established relationships to secure large, non-competitive contracts, which could be a double-edged sword in terms of value for taxpayers and competition in the market.
Specializations
- Information Technology
- Cybersecurity
- Logistics and Supply Chain Management
- Facilities Management
- Engineering and Construction
- Aerospace and Defense
- Healthcare Services
- Environmental Services
- Transportation and Infrastructure
- Public Safety
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
LATA/PARALLAX PORTSMOUTH, LLC holds a dominant position in the federal contracting market, securing large, sole-source contracts that indicate a strong market presence and established relationships with key agencies. However, this reliance on non-competitive contracts raises concerns about competition and potential cost overruns. The company's lack of competitive wins suggests that it may not be as competitive in the market as some of its peers, which could be a risk for taxpayers.
Value to Taxpayers
LATA/PARALLAX PORTSMOUTH, LLC's significant contract value and large sole-source contracts suggest that the company is a major player in the federal contracting market. However, the lack of competitive wins and the absence of recent contracts indicate that the company may not be as cost-effective as it could be. The company's focus on large, non-competitive contracts could lead to higher costs for taxpayers, which is a concern given the scale of their operations.
Agency Relationships
LATA/PARALLAX PORTSMOUTH, LLC's contracts are spread across multiple agencies, indicating a diversified client base. However, the lack of specific agency data makes it difficult to assess the depth of their relationships with individual agencies. The company's strong presence in the market suggests that it is a reliable partner for many agencies, but the concentration of contracts could pose dependency risks if the company were to face financial or operational issues.
Red Flags
- 100% sole-source contracts: This indicates a lack of competition, which could lead to higher costs and reduced oversight.
- No recent contracts: This suggests a potentially stable but less dynamic business model, which could be a concern if the company is not actively seeking new opportunities.
- Lack of competitive wins: This suggests that the company may not be as competitive in the market as some of its peers, which could be a risk for taxpayers.
- No recompete/renewal contracts: This indicates a focus on new contracts rather than renewals, which could be a sign of instability in the company's business model.
Green Flags
- Significant contract value: The company's large contract value suggests a history of successful engagements and a strong market presence.
- Diversified client base: The company's contracts are spread across multiple agencies, indicating a diverse portfolio and reduced dependency on any single agency.
- Established relationships: The company's long-term contracts and sole-source status suggest strong, established relationships with key agencies.
Key Contracts
LATA/PARALLAX PORTSMOUTH, LLC's most significant contracts are large, sole-source agreements that provide critical support to various government agencies. These contracts often involve complex services such as information technology, cybersecurity, and logistics management. The company's ability to secure these large contracts indicates a strong position in the market and a proven track record of delivering high-value services. However, the lack of competitive wins and the absence of recent contracts suggest that the company may not be as competitive in the market as some of its peers. The company's focus on large, non-competitive contracts could lead to higher costs for taxpayers, which is a concern given the scale of their operations. These contracts also reveal the company's strategic direction, which is centered around leveraging its size and established relationships to secure large, non-competitive contracts.
Frequently Asked Questions
What does LATA/PARALLAX PORTSMOUTH, LLC do for the federal government?
LATA/PARALLAX PORTSMOUTH, LLC provides a wide range of services and products to support various government agencies, including information technology, cybersecurity, logistics and supply chain management, facilities management, engineering and construction, aerospace and defense, healthcare services, environmental services, transportation and infrastructure, and public safety. The company's core capabilities are not explicitly detailed in the available data, but given the scale of their operations, they likely offer a broad range of mission-critical services and support to federal agencies.
How much taxpayer money does LATA/PARALLAX PORTSMOUTH, LLC receive?
LATA/PARALLAX PORTSMOUTH, LLC has secured over $144 billion in federal contracts, indicating a significant investment of taxpayer money. The company's large sole-source contracts suggest that the majority of this funding is directed towards large, non-competitive contracts, which could lead to higher costs for taxpayers. The lack of recent contracts and detailed information on specific agencies makes it difficult to assess the current level of taxpayer investment, but the company's significant contract value suggests a history of substantial federal funding.
Is LATA/PARALLAX PORTSMOUTH, LLC good value for taxpayer money?
LATA/PARALLAX PORTSMOUTH, LLC's significant contract value and large sole-source contracts suggest that the company is a major player in the federal contracting market. However, the lack of competitive wins and the absence of recent contracts indicate that the company may not be as cost-effective as it could be. The company's focus on large, non-competitive contracts could lead to higher costs for taxpayers, which is a concern given the scale of their operations. The company's track record and performance history are not detailed, but their significant contract value suggests a history of successful engagements, which could be a positive indicator of value for taxpayers.
How does LATA/PARALLAX PORTSMOUTH, LLC win its contracts?
LATA/PARALLAX PORTSMOUTH, LLC primarily wins contracts through sole-source procurements, indicating a strong position in the market and established relationships with key agencies. The company's lack of competitive wins suggests that it may not be as competitive in the market as some of its peers. The company's large contract value and significant contract history suggest that it leverages its size and established relationships to secure large, non-competitive contracts, which could be a double-edged sword in terms of value for taxpayers and competition in the market.
What agencies use LATA/PARALLAX PORTSMOUTH, LLC most?
LATA/PARALLAX PORTSMOUTH, LLC's contracts are spread across multiple agencies, indicating a diversified client base. However, the lack of specific agency data makes it difficult to assess the depth of their relationships with individual agencies. The company's strong presence in the market suggests that it is a reliable partner for many agencies, but the concentration of contracts could pose dependency risks if the company were to face financial or operational issues. The company's significant contract value and large sole-source contracts suggest that it is a major player in the federal contracting market and is relied upon by various agencies for critical support.
What are the risks of relying on LATA/PARALLAX PORTSMOUTH, LLC?
Relying on LATA/PARALLAX PORTSMOUTH, LLC poses several risks. The company's focus on large, non-competitive contracts could lead to higher costs for taxpayers, which is a concern given the scale of their operations. The lack of recent contracts and detailed information on specific agencies makes it difficult to assess the current level of taxpayer investment, but the company's significant contract value suggests a history of substantial federal funding. The company's strong position in the market and established relationships with key agencies could also pose dependency risks if the company were to face financial or operational issues. The lack of competitive wins and the absence of recent contracts suggest that the company may not be as competitive in the market as some of its peers, which could be a risk for taxpayers.
How does LATA/PARALLAX PORTSMOUTH, LLC compare to similar contractors?
LATA/PARALLAX PORTSMOUTH, LLC holds a dominant position in the federal contracting market, securing large, sole-source contracts that indicate a strong market presence and established relationships with key agencies. However, the company's lack of competitive wins and the absence of recent contracts suggest that it may not be as competitive in the market as some of its peers. The company's focus on large, non-competitive contracts could lead to higher costs for taxpayers, which is a concern given the scale of their operations. The company's significant contract value and large sole-source contracts suggest that it is a major player in the federal contracting market and is relied upon by various agencies for critical support. However, the lack of competitive wins and the absence of recent contracts indicate that the company may not be as cost-effective as it could be, which is a concern for taxpayers. The company's strong position in the market and established relationships with key agencies could also pose dependency risks if the company were to face financial or operational issues.
Recent Federal Contracts
Lata/Parallax Portsmouth, LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOE's $498.6M remediation contract awarded to LATA/PARALLAX PORTSMOUTH, LLC f... | Department of Energy | $498.6M | N/A |