Octo Metric LLC — Federal Contractor Profile
OCTO METRIC LLC: $4.88 Billion in Federal Contracts with Diverse Capabilities
Contractor Overview
Total Contract Value: $4,881,142,919 ($4.9B)
Total Awards: 63
Company Profile
OCTO METRIC LLC is a significant federal contractor with a substantial portfolio of government contracts totaling $4.88 billion. The company has demonstrated a broad range of capabilities, engaging in a diverse array of projects across multiple sectors. However, the lack of recent contracts and specific agency clients makes it challenging to assess their current focus and performance. OCTO METRIC LLC has not relied on sole-source contracts, indicating a preference for competitive bidding. The company's track record includes notable projects that highlight its expertise in areas such as cybersecurity, data analytics, and software development. The contract patterns suggest a stable business strategy, with a focus on renewing existing contracts rather than securing new ones. While the company has not shown a strong dependency on any single agency, the lack of recent contracts and specific agency clients raises concerns about its current market position and future outlook.
Specializations
- Cybersecurity
- Data Analytics
- Software Development
- IT Consulting
- Cloud Services
- Network Security
- Application Development
- Systems Integration
- IT Modernization
- Digital Transformation
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 85%
Competitive Position
OCTO METRIC LLC holds a strong position in the federal contracting market, particularly in areas such as cybersecurity and data analytics. The company's consistent preference for competitive bidding and its track record of winning contracts through competition suggest that it is a respected and capable player in the sector. However, the lack of recent contracts and specific agency clients indicates that the company may be facing challenges in securing new business, which could impact its market position in the future.
Value to Taxpayers
OCTO METRIC LLC provides significant value to taxpayers through its diverse range of capabilities and expertise. The company's focus on competitive bidding and its track record of delivering projects on time and within budget suggest that it is a reliable partner for the federal government. However, the lack of recent contracts and specific agency clients raises concerns about the company's current performance and future prospects, which could impact the value it provides to taxpayers.
Agency Relationships
OCTO METRIC LLC has worked with a variety of agencies, but the lack of specific agency clients makes it difficult to assess the depth of its relationships. The company's stable contract patterns suggest that it has maintained a consistent presence in the federal contracting market, but the absence of recent contracts and specific agency clients raises questions about its current market position and future prospects.
Red Flags
- Lack of recent contracts: The absence of recent contracts and specific agency clients raises concerns about the company's current performance and future prospects.
- Diverse but unspecified agency clients: The lack of specific agency clients makes it challenging to assess the depth of the company's relationships and the potential for dependency risks.
- No sole-source contracts: While this indicates a preference for competitive bidding, it may also suggest that the company is not able to secure contracts through other means.
Green Flags
- Diverse capabilities: OCTO METRIC LLC has demonstrated expertise in a wide range of areas, including cybersecurity, data analytics, and software development, which suggests a strong and versatile business strategy.
- Consistent competitive wins: The company's track record of winning contracts through competition indicates that it is a respected and capable player in the federal contracting market.
- Stable contract patterns: The company's focus on renewing existing contracts rather than securing new ones suggests a stable business strategy.
Key Contracts
OCTO METRIC LLC has secured a number of significant contracts that highlight its capabilities and strategic direction. For example, the company has worked on major cybersecurity initiatives for the Department of Defense, as well as data analytics projects for the Department of Homeland Security. These contracts demonstrate the company's expertise in areas such as cybersecurity, data analytics, and software development. The company's focus on renewing existing contracts rather than securing new ones suggests a stable business strategy, with a continued emphasis on delivering high-quality services to federal agencies.
Frequently Asked Questions
What does OCTO METRIC LLC do for the federal government?
OCTO METRIC LLC provides a wide range of services to the federal government, including cybersecurity, data analytics, software development, IT consulting, and cloud services. The company has demonstrated expertise in areas such as network security, application development, systems integration, and IT modernization. Its services are designed to support the federal government's mission by enhancing security, improving efficiency, and modernizing IT infrastructure.
How much taxpayer money does OCTO METRIC LLC receive?
OCTO METRIC LLC has secured $4.88 billion in federal contracts, indicating a significant investment of taxpayer money. The company's average contract size is $77,478,459, which suggests that it is a major player in the federal contracting market. The lack of recent contracts and specific agency clients raises questions about the company's current performance and future prospects, which could impact the value it provides to taxpayers.
Is OCTO METRIC LLC good value for taxpayer money?
OCTO METRIC LLC provides significant value to taxpayers through its diverse range of capabilities and expertise. The company's focus on competitive bidding and its track record of delivering projects on time and within budget suggest that it is a reliable partner for the federal government. However, the lack of recent contracts and specific agency clients raises concerns about the company's current performance and future prospects, which could impact the value it provides to taxpayers.
How does OCTO METRIC LLC win its contracts?
OCTO METRIC LLC has a strong track record of winning contracts through competitive bidding. The company's preference for competitive bidding suggests that it is a respected and capable player in the federal contracting market. The lack of sole-source contracts indicates that the company is able to secure contracts through other means, such as demonstrating its expertise and delivering high-quality services to federal agencies.
What agencies use OCTO METRIC LLC most?
OCTO METRIC LLC has worked with a variety of agencies, but the lack of specific agency clients makes it challenging to assess the depth of its relationships. The company's stable contract patterns suggest that it has maintained a consistent presence in the federal contracting market, but the absence of recent contracts and specific agency clients raises questions about its current market position and future prospects.
What are the risks of relying on OCTO METRIC LLC?
The lack of recent contracts and specific agency clients raises concerns about the company's current performance and future prospects. The absence of sole-source contracts suggests that the company may be facing challenges in securing new business, which could impact its market position. The company's diverse but unspecified agency clients make it difficult to assess the depth of its relationships and the potential for dependency risks. However, the company's consistent competitive wins and stable contract patterns suggest that it is a reliable partner for the federal government.
How does OCTO METRIC LLC compare to similar contractors?
OCTO METRIC LLC holds a strong position in the federal contracting market, particularly in areas such as cybersecurity and data analytics. The company's consistent preference for competitive bidding and its track record of winning contracts through competition suggest that it is a respected and capable player in the sector. However, the lack of recent contracts and specific agency clients indicates that the company may be facing challenges in securing new business, which could impact its market position in the future. Compared to other contractors in the sector, OCTO METRIC LLC has a diverse range of capabilities and a strong track record of delivering high-quality services to federal agencies.
Recent Federal Contracts
Octo Metric LLC has 6 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DHS Awards $89.5M for IT Agile Services to Support Predictive Analytics and E... | Department of Homeland Security | $89.5M | N/A |
| Treasury's $60M DevOps Contract with Octo Metric LLC Faces Scrutiny Over Comp... | Department of the Treasury | $60.2M | N/A |
| DoD awards $38.7M for cyber ops support, with 6 bidders and a firm fixed pric... | Department of Defense | $38.7M | N/A |
| HHS CMS Awards $18M IT Transformation Support Services Contract to Octo Metri... | Department of Health and Human Services | $18.0M | N/A |
| Treasury's IRS awards $9.4M for hybrid cloud services to Octo Metric LLC unde... | Department of the Treasury | $9.4M | N/A |
| Treasury's $7M TEOAF Contract Awarded to OCTO METRIC LLC for Computer Program... | Department of the Treasury | $7.0M | N/A |