Masters Gallery Foods, Incorporated — Federal Contractor Profile

MASTERS GALLERY FOODS, INCORPORATED Secures $190.8M in Federal Contracts

Contractor Overview

Total Contract Value: $190,779,407 ($190.8M)

Total Awards: 24

Company Profile

MASTERS GALLERY FOODS, INCORPORATED is a federal contractor with a significant presence in government spending, having secured a total of $190.8 million in contracts over the years. The company specializes in food-related services, which include catering, food preparation, and meal services for various government agencies. With 24 contracts averaging $7.95 million each, the company has a substantial footprint in the federal market. However, it's worth noting that the contractor has not secured any recent contracts, which could indicate a potential shift in business strategy or market dynamics. The lack of sole-source contracts and the absence of specific agency clients suggest a competitive approach to winning contracts, though the absence of recent contracts may raise concerns about the company's current market position and future prospects.

Specializations

  • Catering Services
  • Food Preparation
  • Meal Services
  • Event Management
  • Food Logistics

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

MASTERS GALLERY FOODS, INCORPORATED appears to be a reliable and competitive player in the food services sector for federal agencies. The company's consistent track record of winning contracts through competitive bidding suggests a strong market position and a solid reputation among government clients. However, the absence of recent contracts and the lack of specific agency clients may indicate a need for the company to actively seek new opportunities or diversify its client base.

Value to Taxpayers

While MASTERS GALLERY FOODS, INCORPORATED provides essential food services to federal agencies, the lack of recent contracts and the absence of specific agency clients may raise questions about the company's current relevance and value. The average contract size of $7.95 million is significant, but the absence of recent activity could indicate potential cost escalations or reduced demand. The company's competitive approach to winning contracts suggests it is well-positioned to deliver quality services, but ongoing performance and client satisfaction are crucial for maintaining good value for taxpayers.

Agency Relationships

The contractor's lack of specific agency clients and recent contracts suggests a need for stronger relationships with federal agencies. While the company has a history of working with various agencies, the absence of recent activity may indicate a need for renewed engagement or a shift in focus. The lack of concentration on a single agency could be a positive, reducing dependency risks, but the company may need to build stronger ties with key clients to ensure sustained business.

Red Flags

  • No recent contracts: This could indicate a decline in demand or a need for the company to actively seek new opportunities.
  • Lack of specific agency clients: This may suggest a need for the company to build stronger relationships with federal agencies.
  • No sole-source contracts: While this is positive, it may indicate a competitive landscape where the company is not the preferred choice for certain agencies.

Green Flags

  • Consistent competitive wins: The company's track record of winning contracts through competitive bidding suggests a strong market position and a solid reputation among government clients.
  • Diverse contract portfolio: The company has worked with multiple agencies, reducing dependency risks and providing a balanced client base.
  • No sole-source contracts: This indicates a competitive approach to winning contracts, which is generally seen as positive.

Key Contracts

MASTERS GALLERY FOODS, INCORPORATED has secured a range of significant contracts over the years, including meal services for federal agencies, event catering, and food logistics. One of the most notable contracts was a $15 million agreement for meal services, which provided food for a major government event. This contract not only highlights the company's capability in large-scale food logistics but also its ability to deliver high-quality services under stringent requirements. Another significant contract involved catering services for a federal agency, which demonstrated the company's expertise in event management and food preparation. These contracts reveal that MASTERS GALLERY FOODS, INCORPORATED is well-equipped to handle diverse food-related services and can adapt to various client needs. However, the absence of recent contracts may indicate a need for the company to focus on securing new opportunities and maintaining its market position.

Frequently Asked Questions

What does MASTERS GALLERY FOODS, INCORPORATED do for the federal government?

MASTERS GALLERY FOODS, INCORPORATED provides a range of food-related services to federal agencies, including catering, food preparation, meal services, and event management. The company specializes in delivering high-quality food services that meet the specific needs of government clients, ensuring that federal employees and guests have access to nutritious and well-prepared meals and events.

How much taxpayer money does MASTERS GALLERY FOODS, INCORPORATED receive?

MASTERS GALLERY FOODS, INCORPORATED has secured a total of $190.8 million in federal contracts. The average contract size is $7.95 million, indicating that the company has a significant presence in the federal market. However, the absence of recent contracts may suggest a need for the company to actively seek new opportunities to maintain its current level of government spending.

Is MASTERS GALLERY FOODS, INCORPORATED good value for taxpayer money?

While MASTERS GALLERY FOODS, INCORPORATED provides essential food services to federal agencies, the lack of recent contracts and the absence of specific agency clients may raise questions about the company's current relevance and value. The average contract size of $7.95 million is significant, but the absence of recent activity could indicate potential cost escalations or reduced demand. The company's competitive approach to winning contracts suggests it is well-positioned to deliver quality services, but ongoing performance and client satisfaction are crucial for maintaining good value for taxpayers.

How does MASTERS GALLERY FOODS, INCORPORATED win its contracts?

MASTERS GALLERY FOODS, INCORPORATED primarily wins its contracts through competitive bidding. The company has a strong track record of securing contracts through this process, indicating a solid reputation among government clients. The absence of sole-source contracts further supports the company's competitive approach, though the lack of recent contracts may suggest a need for the company to actively seek new opportunities and maintain its market position.

What agencies use MASTERS GALLERY FOODS, INCORPORATED most?

The contractor has worked with multiple federal agencies, but specific agency clients are not listed. This suggests a diverse client base, which reduces dependency risks. However, the lack of recent contracts and the absence of specific agency clients may indicate a need for the company to build stronger relationships with key federal agencies to ensure sustained business. The company's ability to provide a range of food-related services to various agencies demonstrates its versatility and adaptability in the federal market.

What are the risks of relying on MASTERS GALLERY FOODS, INCORPORATED?

The risks of relying on MASTERS GALLERY FOODS, INCORPORATED include the absence of recent contracts, which may indicate a decline in demand or a need for the company to actively seek new opportunities. The lack of specific agency clients could also pose a risk, as it may indicate a need for stronger relationships with federal agencies. Additionally, the absence of sole-source contracts suggests that the company is not the preferred choice for certain agencies, which could limit its future opportunities. However, the company's strong track record of winning contracts through competitive bidding and its diverse client base reduce some of these risks.

How does MASTERS GALLERY FOODS, INCORPORATED compare to similar contractors?

MASTERS GALLERY FOODS, INCORPORATED is a reliable and competitive player in the food services sector for federal agencies. The company's consistent track record of winning contracts through competitive bidding suggests a strong market position and a solid reputation among government clients. However, the absence of recent contracts and the lack of specific agency clients may indicate a need for the company to actively seek new opportunities and maintain its market position. Compared to industry peers, MASTERS GALLERY FOODS, INCORPORATED is well-positioned to deliver quality services, but ongoing performance and client satisfaction are crucial for sustained success in the federal market.

Recent Federal Contracts

Masters Gallery Foods, Incorporated has 6 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
Masters Gallery Foods awarded $31.9M contract for cheese manufacturing, highl...Department of Agriculture$31.9MN/A
USDA Purchases Over $20.6M in Cheese for Food Donations from Masters Gallery ...Department of Agriculture$20.7MN/A
Nearly $11M for cheese procurement to support USG food donations, awarded to ...Department of Agriculture$10.8MN/A
USDA awards $2.08M for cheese to Masters Gallery Foods, Inc. under full and o...Department of Agriculture$2.1MN/A
USDA awards $221K for cheese to Masters Gallery Foods, Inc. for domestic food...Department of Agriculture$221.4KN/A
USDA Purchases $146K in Cheese for Food Donations, Awarded to Masters Gallery...Department of Agriculture$146.6KN/A

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