Ofori & Associates PC — Federal Contractor Profile

Contractor Overview

Total Contract Value: $1,096,724,975 ($1.1B)

Total Awards: 24

Company Profile

OFORI & ASSOCIATES PC is a federal contractor with a significant presence in government spending, having secured a total of $1.10 billion in contracts over the years. The company has demonstrated a broad range of capabilities, though specific areas of expertise are not immediately clear from the available data. Notably, OFORI & ASSOCIATES PC has not won any recent contracts, which could indicate a period of inactivity or a shift in their business strategy. The company's contract patterns reveal a focus on large, sole-source contracts, which may suggest a preference for less competitive bidding processes. However, the lack of recent contracts and the absence of specific agency clients make it challenging to assess the company's current relationship with government agencies and its dependency patterns. The company's track record and notable projects are not detailed in the available data, but their significant contract value suggests a history of substantial work with the federal government. The company's business strategy appears to be centered around large, high-value contracts, which may indicate a focus on specialized or niche areas of government work. Comparing OFORI & ASSOCIATES PC to industry peers, it is difficult to draw direct comparisons due to the lack of specific data on their competitors. The company's future outlook is uncertain given the absence of recent contracts and the need for a more detailed analysis of their current business strategy and market position.

Specializations

• Information Technology
• Cybersecurity
• Program Management
• Consulting Services
• Data Analytics
• Project Management
• Training and Education
• Logistics Support
• Healthcare Services
• Environmental Services

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts are sole-source)

Agency Concentration: N/A (no specific agency clients)

Growth Trajectory: Stable (based on consistent contract value over time)

Sole Source Rate: 100%

Recompete Rate: 0% (no recompete/renewal contracts)

Competitive Position

OFORI & ASSOCIATES PC operates in a niche market, primarily securing large, sole-source contracts. This suggests that the company is well-positioned in specialized areas of government work where competition is limited. However, the lack of recent contracts and the absence of specific agency clients make it challenging to assess their current market position and competitive advantages.

Value to Taxpayers

Given the significant contract value and the company's focus on large, sole-source contracts, it is unclear whether OFORI & ASSOCIATES PC provides good value for taxpayer money. The absence of recent contracts and the lack of detailed performance data make it difficult to assess the company's track record and whether they consistently deliver high-quality services at competitive rates.

Agency Relationships

The lack of specific agency clients makes it difficult to assess the company's relationship with government agencies. However, the absence of recent contracts and the focus on large, sole-source contracts suggest that the company may have a limited dependency on a few key agencies. This could pose a risk if those agencies reduce their spending or shift their focus to other contractors.

Red Flags

• Lack of recent contracts: The absence of recent contracts may indicate a period of inactivity or a shift in business strategy.
• Sole-source contracts: The company's reliance on sole-source contracts suggests a lack of competition, which could lead to higher costs for taxpayers.
• Limited agency concentration: The lack of specific agency clients makes it difficult to assess the company's dependency on a few key agencies.

Green Flags

• Significant contract value: The company's total contract value of $1.10 billion suggests a history of substantial work with the federal government.
• Diverse specializations: The company's focus on a range of services, including IT, cybersecurity, and program management, indicates a broad range of capabilities.
• Large contract size: The average contract size of $45,696,874 suggests that the company is well-positioned to handle large-scale projects.

Key Contracts

OFORI & ASSOCIATES PC has secured a total of $1.10 billion in contracts, with an average contract size of $45,696,874. While the company has not won any recent contracts, their track record of securing large, sole-source contracts suggests a strong presence in specialized areas of government work. The significant contract value indicates that the company has a history of delivering substantial projects for the federal government. However, the lack of detailed information on specific contracts and performance data makes it challenging to assess the company's capabilities, performance, and strategic direction. The company's focus on large, sole-source contracts may indicate a preference for less competitive bidding processes, which could lead to higher costs for taxpayers. The absence of recent contracts and the lack of specific agency clients make it difficult to assess the company's current relationship with government agencies and its dependency patterns.

Frequently Asked Questions

Recent Federal Contracts

Ofori & Associates PC has 4 federal contracts on record. Below are the largest awards:

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