MHM Innovations, Inc. — Federal Contractor Profile
MHM INNOVATIONS, INC. Secures $138.9 Million in Federal Contracts
Contractor Overview
Total Contract Value: $138,889,981 ($138.9M)
Total Awards: 6
Company Profile
MHM INNOVATIONS, INC. is a federal contractor with a significant presence in government spending, having secured contracts totaling $138.9 million. The company has demonstrated a broad range of capabilities, though specific areas of expertise are not immediately clear from the available data. Notably, MHM INNOVATIONS, INC. has not secured any recent contracts, which may indicate a period of inactivity or a shift in focus. The company's contract patterns reveal a lack of dependency on any single agency, suggesting a diversified client base. However, the absence of competitive contracts and the lack of detailed information on specific projects and performance history make it challenging to fully assess the company's capabilities and value to taxpayers.
Specializations
- Cybersecurity
- IT Services
- Data Analytics
- Software Development
- Network Engineering
- Cloud Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were sole-source)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
MHM INNOVATIONS, INC. operates in a niche market, primarily securing sole-source contracts. This suggests that the company may have specialized expertise or a strong relationship with certain agencies, but it also indicates a lack of competitive pressure, which could be a concern if the company's performance or pricing is not as favorable as it could be.
Value to Taxpayers
Given the sole-source nature of MHM INNOVATIONS, INC.'s contracts, there is a risk that the company may not be providing the best value for taxpayers. The lack of competitive bidding and the absence of detailed performance data make it difficult to assess whether the company is delivering high-quality services at fair prices. However, the diversified client base suggests that the company is not overly reliant on any single agency, which could mitigate some risks.
Agency Relationships
MHM INNOVATIONS, INC. has contracts with multiple agencies, indicating a diversified client base. However, the absence of specific agency names and the lack of recent contracts suggest that the company may be facing challenges in securing new business. This could be a concern if the company is overly dependent on a few key agencies, as it could lead to instability in its revenue stream.
Red Flags
- Lack of competitive contracts: All contracts are sole-source, which may indicate a lack of competitive pressure and potential for higher costs.
- No recent contracts: The absence of recent contracts suggests that the company may be facing challenges in securing new business, which could be a risk for its financial stability.
- Diversified but limited client base: While the company has contracts with multiple agencies, the lack of detailed information on specific agencies makes it difficult to assess the level of dependency.
Green Flags
- Diversified client base: The company has contracts with multiple agencies, which suggests a reduced risk of dependency on any single client.
- Sole-source contracts: While this may be a red flag, it also indicates that the company has established strong relationships with certain agencies, which could be a competitive advantage.
- Significant contract value: The total contract value of $138.9 million indicates that the company is a significant player in the federal contracting market.
Key Contracts
MHM INNOVATIONS, INC. has secured contracts totaling $138.9 million, with an average contract size of $23,148,330. While the company has not provided detailed information on specific projects, the sole-source nature of these contracts suggests that the company has specialized expertise or strong relationships with certain agencies. The lack of competitive contracts and the absence of recent contracts indicate that the company may be facing challenges in securing new business. This could be a concern if the company is overly dependent on a few key agencies, as it could lead to instability in its revenue stream. The diversified client base, however, suggests that the company is not overly reliant on any single agency, which could mitigate some risks.
Frequently Asked Questions
What does MHM INNOVATIONS, INC. do for the federal government?
MHM INNOVATIONS, INC. provides a range of IT services, including cybersecurity, data analytics, software development, and cloud services. The company has demonstrated a broad range of capabilities, though specific areas of expertise are not immediately clear from the available data. Notably, MHM INNOVATIONS, INC. has secured contracts totaling $138.9 million, with an average contract size of $23,148,330. The company's contracts are primarily sole-source, indicating specialized expertise or strong relationships with certain agencies.
How much taxpayer money does MHM INNOVATIONS, INC. receive?
MHM INNOVATIONS, INC. has secured contracts totaling $138.9 million, with an average contract size of $23,148,330. The company has not provided detailed information on specific projects, but the total contract value indicates that the company is a significant player in the federal contracting market. The lack of recent contracts suggests that the company may be facing challenges in securing new business, which could be a risk for its financial stability.
Is MHM INNOVATIONS, INC. good value for taxpayer money?
Given the sole-source nature of MHM INNOVATIONS, INC.'s contracts, there is a risk that the company may not be providing the best value for taxpayers. The lack of competitive bidding and the absence of detailed performance data make it difficult to assess whether the company is delivering high-quality services at fair prices. However, the diversified client base suggests that the company is not overly reliant on any single agency, which could mitigate some risks.
How does MHM INNOVATIONS, INC. win its contracts?
MHM INNOVATIONS, INC. primarily secures contracts through sole-source awards, indicating specialized expertise or strong relationships with certain agencies. The company has not provided detailed information on its competitive history, but the lack of recent contracts suggests that the company may be facing challenges in securing new business. This could be a concern if the company is overly dependent on a few key agencies, as it could lead to instability in its revenue stream.
What agencies use MHM INNOVATIONS, INC. most?
MHM INNOVATIONS, INC. has contracts with multiple agencies, but the lack of specific agency names makes it difficult to assess the level of dependency. The company's diversified client base suggests that it is not overly reliant on any single agency, which could mitigate some risks. However, the absence of recent contracts suggests that the company may be facing challenges in securing new business, which could be a risk for its financial stability.
What are the risks of relying on MHM INNOVATIONS, INC.?
The risks of relying on MHM INNOVATIONS, INC. include the lack of competitive pressure, which could lead to higher costs. The company primarily secures sole-source contracts, which may indicate a lack of competitive pressure and potential for higher costs. The absence of recent contracts suggests that the company may be facing challenges in securing new business, which could be a risk for its financial stability. The diversified client base, however, suggests that the company is not overly reliant on any single agency, which could mitigate some risks.
How does MHM INNOVATIONS, INC. compare to similar contractors?
MHM INNOVATIONS, INC. operates in a niche market, primarily securing sole-source contracts. This suggests that the company may have specialized expertise or a strong relationship with certain agencies, but it also indicates a lack of competitive pressure, which could be a concern if the company's performance or pricing is not as favorable as it could be. The company's diversified client base suggests that it is not overly reliant on any single agency, which could mitigate some risks. However, the absence of recent contracts suggests that the company may be facing challenges in securing new business, which could be a risk for its financial stability.
Recent Federal Contracts
MHM Innovations, Inc. has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $28.3M SETA Support Contract Awarded to MHM Innovations, Inc. via Full ... | Department of Defense | $28.3M | N/A |
| DHS Awards $23.7M for HIFLD Geospatial Data Support to MHM Innovations | Department of Homeland Security | $23.8M | N/A |
| GSA awards $17.4M INSCOM SETA contract to MHM Innovations, Inc. for consultin... | General Services Administration | $17.4M | N/A |