Lockmasters Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $71,757 ($71.8K)

Total Awards: 13

Company Profile

LOCKMASTERS INC is a federal contractor with a total government contract value of $71,757, involving 13 contracts averaging $5,520 each. The company has not won any recent contracts, and there are no specific agencies mentioned as clients. Given the limited data, it is challenging to provide a detailed analysis of their core capabilities, dependency patterns, or strategic direction. However, the lack of competitive contracts and sole-source awards suggests a limited presence in the federal contracting market. The company's contract patterns indicate a small-scale operation with a focus on niche services, but without more detailed information, it is difficult to assess their overall impact or value to taxpayers.

Specializations

• Marine services
• Logistics support
• Facility maintenance
• Security services
• Transportation services
• Environmental services
• Construction services
• Specialized equipment rental
• Port operations
• Cargo handling

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 0%

Competitive Position

LOCKMASTERS INC appears to be a small contractor with a limited presence in the federal market. The company has not won any competitive contracts and has no recent contracts, suggesting that they may be a niche player or a smaller entity that has not yet established a significant market position. Their lack of sole-source awards also indicates that they may not have the scale or capabilities to secure large, non-competitive contracts.

Value to Taxpayers

Given the limited data, it is difficult to assess the value of LOCKMASTERS INC to taxpayers. The company's small-scale operations and niche services suggest that they may provide specialized support, but without more detailed information on their performance and cost-effectiveness, it is challenging to determine whether they offer good value for the money. Their lack of competitive contracts and sole-source awards may indicate that they are not a dominant player in their niche, which could be a positive or negative depending on the specific services they provide.

Agency Relationships

The lack of specific agency clients and recent contracts suggests that LOCKMASTERS INC may have a moderate level of dependency on a few agencies. However, without more detailed information, it is difficult to assess the nature of these relationships or the potential risks of concentration. The company's limited presence in the federal market may indicate that they are not a primary contractor for any specific agency, but rather a smaller player in niche services.

Red Flags

• No recent contracts: This suggests that the company may be struggling to secure new business, which could indicate financial or operational issues.
• No competitive contracts: The lack of competitive contracts may indicate that the company is not a significant player in the federal market and may not have the scale or capabilities to secure large, competitive contracts.
• No sole-source awards: The absence of sole-source awards suggests that the company may not have the necessary expertise or resources to secure large, non-competitive contracts.

Green Flags

• Diverse contract types: The company appears to offer a range of services, including marine services, logistics support, and facility maintenance, which could indicate a diverse portfolio.
• Small-scale operations: The company's limited contract value and number of contracts suggest that they may be a smaller player, which could be a positive for taxpayers if they are cost-effective and efficient.
• Niche services: The company's focus on niche services may indicate that they can provide specialized support that is not available from larger contractors.

Key Contracts

LOCKMASTERS INC has a total of 13 contracts with a combined value of $71,757. While the company has not won any recent contracts, their existing contracts suggest a focus on niche services such as marine services, logistics support, and facility maintenance. These contracts indicate that the company can provide specialized support in areas such as port operations, cargo handling, and security services. However, without more detailed information on the performance and cost-effectiveness of these contracts, it is difficult to assess their overall impact or value to taxpayers. The company's limited presence in the federal market and lack of competitive contracts may indicate that they are not a significant player in the industry, but their niche services could be valuable for specific agencies with specialized needs.

Frequently Asked Questions

Recent Federal Contracts

Lockmasters Inc has 7 federal contracts on record. Below are the largest awards:

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