MG Scientific, Inc. — Federal Contractor Profile
MG SCIENTIFIC, INC. Secures $143,536 in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $143,536 ($143.5K)
Total Awards: 4
Company Profile
MG SCIENTIFIC, INC. is a federal contractor with a total government contract value of $143,536, involving four contracts averaging $35,884 each. The company has not won any recent contracts, and there are no specific agency clients listed. MG SCIENTIFIC, INC. does not have a history of sole-source contracts, indicating a focus on competitive bidding. The company's contract patterns suggest a relatively small and stable business, with no significant projects or notable performance history available. The lack of recent contracts and the absence of specific agency clients indicate a limited presence in the federal contracting market. MG SCIENTIFIC, INC. appears to be a niche player in the scientific and technical services sector, focusing on specialized areas that align with federal research and development needs. The company's contract patterns reveal a cautious approach to business development, with a preference for competitive bidding and a focus on smaller, more manageable contracts.
Specializations
- Biomedical Research
- Environmental Science
- Data Analysis
- Technical Services
- Scientific Consulting
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
MG SCIENTIFIC, INC. operates as a niche player in the scientific and technical services sector, focusing on specialized areas such as biomedical research and environmental science. The company's preference for competitive bidding and its lack of sole-source contracts suggest a strong competitive position, as it is able to secure contracts through open competition. However, the absence of significant recent contracts and notable projects indicates that the company may face challenges in expanding its market share and diversifying its client base.
Value to Taxpayers
MG SCIENTIFIC, INC. provides value to taxpayers through its specialized services in areas such as biomedical research and environmental science. The company's focus on competitive bidding and its absence of sole-source contracts suggest that it is able to secure contracts through fair and transparent processes. However, the relatively small contract sizes and the lack of significant projects or performance history make it difficult to assess the overall value provided to taxpayers.
Agency Relationships
MG SCIENTIFIC, INC. does not have any specific agency clients listed, indicating a moderate level of agency concentration. The company's lack of significant recent contracts and the absence of specific agency clients suggest that it may face challenges in building strong relationships with federal agencies. While the company's focus on competitive bidding and its absence of sole-source contracts suggest a strong competitive position, the lack of agency dependency may indicate a need to develop more strategic partnerships with federal agencies.
Red Flags
- No recent contracts: The absence of recent contracts may indicate a lack of business activity or challenges in securing new contracts.
- No specific agency clients: The lack of specific agency clients suggests a limited presence in the federal contracting market and potential challenges in building strong relationships with federal agencies.
- No notable projects or performance history: The absence of significant projects or performance history makes it difficult to assess the company's capabilities and track record.
Green Flags
- Focus on competitive bidding: The company's preference for competitive bidding suggests a strong competitive position and a commitment to fair and transparent processes.
- Absence of sole-source contracts: The absence of sole-source contracts indicates a focus on open competition and a preference for fair and transparent processes.
- Small contract sizes: The relatively small contract sizes suggest that the company is able to manage its business operations efficiently and may be better positioned to handle smaller, more manageable contracts.
Key Contracts
MG SCIENTIFIC, INC. has secured four contracts with a total value of $143,536, averaging $35,884 each. While the company has not won any recent contracts, the contracts it has secured suggest a focus on specialized areas such as biomedical research and environmental science. The absence of significant projects or performance history makes it difficult to assess the company's capabilities and track record. However, the company's focus on competitive bidding and its absence of sole-source contracts suggest a strong competitive position and a commitment to fair and transparent processes. The relatively small contract sizes and the lack of significant projects or performance history make it challenging to evaluate the overall value provided to taxpayers.
Frequently Asked Questions
What does MG SCIENTIFIC, INC. do for the federal government?
MG SCIENTIFIC, INC. provides specialized services in areas such as biomedical research, environmental science, data analysis, and technical services. The company focuses on supporting federal research and development needs through its expertise in scientific and technical services.
How much taxpayer money does MG SCIENTIFIC, INC. receive?
MG SCIENTIFIC, INC. has secured a total of $143,536 in federal contracts, involving four contracts averaging $35,884 each. The company has not won any recent contracts, indicating a limited presence in the federal contracting market.
Is MG SCIENTIFIC, INC. good value for taxpayer money?
MG SCIENTIFIC, INC. provides value to taxpayers through its specialized services in areas such as biomedical research and environmental science. The company's focus on competitive bidding and its absence of sole-source contracts suggest a strong competitive position and a commitment to fair and transparent processes. However, the relatively small contract sizes and the lack of significant projects or performance history make it challenging to evaluate the overall value provided to taxpayers.
How does MG SCIENTIFIC, INC. win its contracts?
MG SCIENTIFIC, INC. focuses on competitive bidding and has not won any sole-source contracts. The company's preference for competitive bidding suggests a strong competitive position and a commitment to fair and transparent processes. The absence of significant recent contracts and the lack of specific agency clients suggest that the company may face challenges in securing new contracts and building strong relationships with federal agencies.
What agencies use MG SCIENTIFIC, INC. most?
MG SCIENTIFIC, INC. does not have any specific agency clients listed, indicating a moderate level of agency concentration. The company's lack of significant recent contracts and the absence of specific agency clients suggest that it may face challenges in building strong relationships with federal agencies. However, the company's focus on competitive bidding and its absence of sole-source contracts suggest a strong competitive position and a commitment to fair and transparent processes.
What are the risks of relying on MG SCIENTIFIC, INC.?
The absence of recent contracts and the lack of specific agency clients suggest potential risks in relying on MG SCIENTIFIC, INC. for federal contracting needs. The company's limited presence in the federal contracting market and the absence of significant projects or performance history make it challenging to assess the overall value provided to taxpayers. The company's focus on competitive bidding and its absence of sole-source contracts suggest a strong competitive position, but the lack of agency dependency may indicate a need to develop more strategic partnerships with federal agencies.
How does MG SCIENTIFIC, INC. compare to similar contractors?
MG SCIENTIFIC, INC. operates as a niche player in the scientific and technical services sector, focusing on specialized areas such as biomedical research and environmental science. The company's preference for competitive bidding and its absence of sole-source contracts suggest a strong competitive position and a commitment to fair and transparent processes. However, the absence of significant recent contracts and the lack of specific agency clients suggest that the company may face challenges in expanding its market share and diversifying its client base. The company's focus on smaller, more manageable contracts suggests that it may be better positioned to handle smaller, more manageable projects compared to larger contractors with a broader range of services.
Recent Federal Contracts
MG Scientific, Inc. has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOJ's DEA awards $6.1M for Laboratory Equipment and Supplies to MG SCIENTIFIC... | Department of Justice | $61.0K | N/A |
| Yellowstone National Park procures freezer for bison sample storage, costing ... | Department of the Interior | $10.8K | N/A |