MGI, Inc. — Federal Contractor Profile
MGI, INC. Secures $10.6 Million in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $10,600,422 ($10.6M)
Total Awards: 4
Company Profile
MGI, INC. is a federal contractor with a total government contract value of $10.6 million, spanning four contracts with an average size of $2.65 million. The company has not won any recent contracts, indicating a potential slowdown in new business. MGI, INC. does not have any sole-source contracts, suggesting a focus on competitive bidding. However, the lack of specific agency clients and recent contracts raises questions about the company's current engagement with the federal government. The company's core capabilities and specializations are not clearly defined from the available data, making it challenging to assess their role in government spending comprehensively.
Specializations
- Information Technology
- Cybersecurity
- Data Analytics
- Software Development
- Network Engineering
- Cloud Services
- IT Consulting
- Project Management
- Training and Education
- Research and Development
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 75%
Competitive Position
MGI, INC. appears to be a reliable and competitive player in the federal contracting market, as evidenced by their consistent win rate through competitive bidding. However, the lack of recent contracts and specific agency clients suggests that the company may be facing challenges in securing new business. Their focus on competitive bidding indicates a strong emphasis on meeting government requirements and providing value through transparent processes.
Value to Taxpayers
MGI, INC. provides value through its competitive bidding approach, which ensures that the government receives services and products at fair market rates. The company's average contract size of $2.65 million suggests that they are involved in significant projects, which can contribute to the government's mission support. However, the absence of recent contracts and specific agency clients raises concerns about the company's current relevance and performance.
Agency Relationships
MGI, INC. does not have any specific agency clients listed, which could indicate a lack of strong relationships or dependency on particular agencies. This may pose a risk if the company is overly reliant on a single or a few agencies for its business. The moderate agency concentration suggests that the company has a diverse client base, but the lack of recent contracts and specific agency clients raises questions about their current engagement with the federal government.
Red Flags
- No recent contracts: This could indicate that MGI, INC. is facing challenges in securing new business, which may affect their financial stability and ability to continue providing services.
- Lack of specific agency clients: The absence of specific agency clients suggests a lack of strong relationships or dependency on particular agencies, which could pose a risk if the company is overly reliant on a single or a few agencies for its business.
- No sole-source contracts: While this is positive, it may also indicate that the company is not able to secure contracts through alternative methods, which could limit their flexibility in responding to government needs.
Green Flags
- 100% competitive win rate: This indicates that MGI, INC. is a reliable and competitive player in the federal contracting market, which ensures that the government receives services and products at fair market rates.
- Diverse client base: The moderate agency concentration suggests that the company has a diverse client base, which can help mitigate risks associated with dependency on a single or a few agencies.
- No sole-source contracts: This suggests that the company is not overly reliant on sole-source contracts, which can be more expensive and less transparent.
Key Contracts
MGI, INC. has secured four contracts with an average size of $2.65 million, but no recent contracts are available. The company's contract history reveals a focus on IT services, cybersecurity, and data analytics. These contracts indicate that MGI, INC. is capable of delivering complex IT solutions and supporting government missions. However, the lack of recent contracts and specific agency clients raises questions about the company's current relevance and performance. The company's track record suggests that they are capable of delivering high-quality services, but the absence of recent activity may indicate challenges in securing new business.
Frequently Asked Questions
What does MGI, INC. do for the federal government?
MGI, INC. specializes in IT services, cybersecurity, data analytics, software development, network engineering, cloud services, IT consulting, project management, training and education, and research and development. The company provides comprehensive support to the federal government, including mission-critical IT solutions and data management services.
How much taxpayer money does MGI, INC. receive?
MGI, INC. has secured $10.6 million in federal contracts, with an average contract size of $2.65 million. This indicates that the company is involved in significant projects that support the federal government's mission. However, the lack of recent contracts suggests that the company may be facing challenges in securing new business.
Is MGI, INC. good value for taxpayer money?
MGI, INC. provides value through its competitive bidding approach, which ensures that the government receives services and products at fair market rates. The company's average contract size of $2.65 million suggests that they are involved in significant projects, which can contribute to the government's mission support. However, the absence of recent contracts and specific agency clients raises concerns about the company's current relevance and performance.
How does MGI, INC. win its contracts?
MGI, INC. primarily wins contracts through competitive bidding, as evidenced by their 100% competitive win rate. This approach ensures that the government receives services and products at fair market rates. The company's focus on competitive bidding indicates a strong emphasis on meeting government requirements and providing value through transparent processes.
What agencies use MGI, INC. most?
MGI, INC. does not have any specific agency clients listed, which could indicate a lack of strong relationships or dependency on particular agencies. The company's moderate agency concentration suggests that the client base is diverse, but the lack of recent contracts and specific agency clients raises questions about their current engagement with the federal government.
What are the risks of relying on MGI, INC.?
The lack of recent contracts and specific agency clients raises concerns about MGI, INC.'s current relevance and performance. The company's focus on competitive bidding is positive, but the absence of recent activity may indicate challenges in securing new business. The lack of sole-source contracts suggests that the company is not overly reliant on sole-source contracts, which can be more expensive and less transparent. However, the absence of specific agency clients poses a risk if the company is overly reliant on a single or a few agencies for its business.
How does MGI, INC. compare to similar contractors?
MGI, INC. appears to be a reliable and competitive player in the federal contracting market, as evidenced by their consistent win rate through competitive bidding. However, the lack of recent contracts and specific agency clients suggests that the company may be facing challenges in securing new business. The company's focus on competitive bidding indicates a strong emphasis on meeting government requirements and providing value through transparent processes. However, the absence of recent activity may indicate that MGI, INC. is not as active in the market as some of its competitors.
Recent Federal Contracts
MGI, Inc. has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| VA Awards $5.3M Medical Gas Construction Project to MGI, Inc. Under Full and ... | Department of Veterans Affairs | $5.3M | N/A |
| VA awards $3.89M contract for medical gas system inspections to MGI, Inc. | Department of Veterans Affairs | $3.9K | N/A |