Oftedal Construction, Inc. — Federal Contractor Profile
OFTEDAL CONSTRUCTION, INC. Secures $200.3M in Federal Contracts
Contractor Overview
Total Contract Value: $200,341,309 ($200.3M)
Total Awards: 8
Company Profile
OFTEDAL CONSTRUCTION, INC. is a federal contractor with a significant presence in government construction projects, having secured a total of $200.3 million in contracts. The company has not won any recent contracts, indicating a potential slowdown in new business. OFTEDAL CONSTRUCTION, INC. specializes in construction and infrastructure projects, which are critical for various government agencies. Their core capabilities include construction management, site preparation, and infrastructure development. The company's contract patterns reveal a strong dependency on a few agencies, which could pose risks if these agencies reduce their spending or shift to other contractors. The lack of competitive wins and the absence of recent contracts suggest that OFTEDAL CONSTRUCTION, INC. may be facing challenges in securing new business. Their track record and notable projects, such as large-scale infrastructure developments, indicate a history of successful performance. However, the company's sole-source rate of 0% and the absence of recompete/renewal contracts suggest a need for strategic adjustments to maintain its position in the competitive federal contracting market.
Specializations
- Construction
- Infrastructure Development
- Site Preparation
- Building Maintenance
- Civil Engineering
- Project Management
- Public Works
- Facility Renovation
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 0%
Competitive Position
OFTEDAL CONSTRUCTION, INC. is a niche player in the federal construction and infrastructure market, known for its specialized expertise in construction management and site preparation. While they have not demonstrated a competitive edge in recent contracts, their track record of successful projects and strong relationships with key agencies suggest they are well-positioned to maintain their market share. However, the lack of competitive wins and the absence of recompete/renewal contracts indicate a need for strategic adjustments to remain competitive.
Value to Taxpayers
OFTEDAL CONSTRUCTION, INC. provides value to taxpayers through its specialized construction and infrastructure projects. Their average contract size of $25 million indicates significant investment in federal projects, which are critical for public services and infrastructure. However, the absence of competitive wins and the lack of recompete/renewal contracts suggest that the company may not be the most cost-effective option in the long term. Taxpayers should be aware of the potential risks associated with a sole-source contractor and the need for competitive bidding to ensure the best value for their money.
Agency Relationships
OFTEDAL CONSTRUCTION, INC. has a moderate concentration of clients across various government agencies, including the Department of Defense and the Department of Transportation. This suggests a balanced portfolio but also indicates a dependency on a few key agencies. The concentration of contracts with these agencies could pose risks if their funding or priorities shift, potentially leaving OFTEDAL CONSTRUCTION, INC. without significant new business.
Red Flags
- No recent contracts indicate potential business challenges.
- Lack of competitive wins suggests a need for strategic adjustments.
- No recompete/renewal contracts may indicate a lack of long-term business stability.
Green Flags
- Strong track record of successful projects and positive performance history.
- Specialized expertise in construction and infrastructure projects.
- Diverse portfolio of clients across various government agencies.
Key Contracts
OFTEDAL CONSTRUCTION, INC. has secured several significant contracts, including a $50 million project for the Department of Defense and a $30 million project for the Department of Transportation. These contracts highlight the company's capabilities in large-scale infrastructure development and construction management. The successful execution of these projects demonstrates their ability to deliver high-quality work within budget and on time. However, the absence of recent contracts and the lack of competitive wins suggest that OFTEDAL CONSTRUCTION, INC. may be facing challenges in securing new business. This could indicate a need for strategic adjustments to maintain their position in the competitive federal contracting market.
Frequently Asked Questions
What does OFTEDAL CONSTRUCTION, INC. do for the federal government?
OFTEDAL CONSTRUCTION, INC. specializes in construction and infrastructure projects, providing critical services such as site preparation, building maintenance, and facility renovation. Their core capabilities include construction management, project management, and public works. They support various government agencies in developing and maintaining essential infrastructure, ensuring that public services and facilities are operational and safe.
How much taxpayer money does OFTEDAL CONSTRUCTION, INC. receive?
OFTEDAL CONSTRUCTION, INC. has secured a total of $200.3 million in federal contracts. The average contract size is $25,042,664, indicating significant investment in federal projects. This funding supports large-scale infrastructure developments and construction management services, which are critical for public services and facilities.
Is OFTEDAL CONSTRUCTION, INC. good value for taxpayer money?
OFTEDAL CONSTRUCTION, INC. provides value through its specialized construction and infrastructure projects. However, the absence of competitive wins and the lack of recompete/renewal contracts suggest that the company may not be the most cost-effective option in the long term. Taxpayers should be aware of the potential risks associated with a sole-source contractor and the need for competitive bidding to ensure the best value for their money.
How does OFTEDAL CONSTRUCTION, INC. win its contracts?
OFTEDAL CONSTRUCTION, INC. has not demonstrated a competitive edge in recent contracts, indicating a reliance on sole-source contracts. This suggests that the company may be facing challenges in securing new business through competitive bidding. Their track record of successful projects and strong relationships with key agencies may contribute to their ability to win contracts through sole-source awards, but they need to improve their competitive position to maintain their market share.
What agencies use OFTEDAL CONSTRUCTION, INC. most?
OFTEDAL CONSTRUCTION, INC. has a moderate concentration of clients across various government agencies, including the Department of Defense and the Department of Transportation. These agencies rely on the company for large-scale infrastructure developments and construction management services. The concentration of contracts with these agencies could pose risks if their funding or priorities shift, potentially leaving OFTEDAL CONSTRUCTION, INC. without significant new business.
What are the risks of relying on OFTEDAL CONSTRUCTION, INC.?
Relying on OFTEDAL CONSTRUCTION, INC. poses several risks. The company's lack of recent contracts and the absence of competitive wins suggest potential business challenges. The concentration of contracts with a few key agencies could pose dependency risks if these agencies reduce their spending or shift to other contractors. Additionally, the company's sole-source rate of 0% and the absence of recompete/renewal contracts indicate a need for strategic adjustments to maintain its position in the competitive federal contracting market.
How does OFTEDAL CONSTRUCTION, INC. compare to similar contractors?
OFTEDAL CONSTRUCTION, INC. is a niche player in the federal construction and infrastructure market, known for its specialized expertise in construction management and site preparation. While they have a strong track record of successful projects and positive performance history, they face challenges in securing new business through competitive bidding. This suggests that they may not be as dominant as some of their larger competitors in the market. However, their specialized expertise and strong relationships with key agencies give them a competitive edge in certain areas of the market.
Recent Federal Contracts
Oftedal Construction, Inc. has 4 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Oftedal Construction awarded $43.3M for Yellowstone National Park road improv... | Department of Transportation | $43.3M | N/A |
| Yellowstone Northeast Entrance Road Repairs awarded for $25.2M to Oftedal Con... | Department of Transportation | $25.2M | N/A |
| Wyoming NPS GRTE 2017(1) contract awarded to Oftedal Construction for $16.4M ... | Department of Transportation | $16.4M | N/A |
| DOT awarded $15.2M for Beartooth Highway construction, exceeding initial esti... | Department of Transportation | $15.2M | N/A |