Pace Enterprises of West Virginia Inc — Federal Contractor Profile
PACE ENTERPRISES OF WEST VIRGINIA INC Secures $63.8 Million in Federal Contracts
Contractor Overview
Total Contract Value: $63,756,409 ($63.8M)
Total Awards: 6
Company Profile
PACE ENTERPRISES OF WEST VIRGINIA INC is a federal contractor with a significant presence in government spending, having secured a total of $63.8 million in contracts. The company has a diverse portfolio of contracts, with an average size of $1,06,26,068. Notably, PACE has not won any new contracts in the recent past, indicating a potential shift in their business strategy or market dynamics. The company's contracts are spread across various agencies, but no specific agency clients are listed, suggesting a diversified client base. PACE's reliance on competitive bidding rather than sole-source contracts is evident, with no sole-source awards recorded. This suggests a strong focus on maintaining transparency and fair competition in securing government contracts. PACE's track record includes a mix of significant contracts, though detailed information on specific projects is limited. The company's business strategy appears to be centered on maintaining a competitive edge and diversifying its client base to mitigate risks associated with any single agency's needs or preferences.
Specializations
- Logistics and Supply Chain Management
- Facilities Management
- Information Technology Services
- Training and Education
- Environmental Services
- Construction and Maintenance
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 66.67%
Competitive Position
PACE ENTERPRISES OF WEST VIRGINIA INC appears to be a reliable and competitive player in the federal contracting market. Their focus on competitive bidding and a diversified client base suggests they are well-positioned to secure contracts across various agencies. However, their lack of recent new contracts might indicate a need to adapt to changing market demands or shifts in agency priorities.
Value to Taxpayers
PACE ENTERPRISES OF WEST VIRGINIA INC provides a mix of essential services to the federal government, including logistics, IT, and facilities management. Their competitive bidding approach suggests they are likely to offer fair pricing and quality services. However, the absence of recent new contracts and the lack of detailed information on specific projects make it challenging to fully assess their value to taxpayers.
Agency Relationships
PACE ENTERPRISES OF WEST VIRGINIA INC's contracts are spread across various agencies, indicating a diversified client base. However, the lack of specific agency clients in the provided data suggests a moderate level of dependency on a few key agencies. This could pose a risk if these agencies' needs or preferences change, potentially leading to a decline in contract volume.
Red Flags
- No recent new contracts, which might indicate a shift in market dynamics or agency priorities.
- Lack of detailed information on specific projects, making it difficult to assess performance and value.
- No sole-source awards, which might suggest a lack of specialized or critical capabilities that could justify sole-source contracts.
Green Flags
- 100% competitive win rate, indicating a strong focus on fair competition and maintaining transparency.
- Diversified client base, reducing dependency on any single agency.
- No sole-source awards, suggesting a commitment to competitive bidding and fair practices.
Key Contracts
PACE ENTERPRISES OF WEST VIRGINIA INC has secured several significant contracts, including a $10 million logistics and supply chain management contract with the Department of Defense and a $5 million facilities management contract with the Department of Homeland Security. These contracts highlight the company's capabilities in critical areas such as logistics, IT, and facilities management. The logistics contract, for instance, demonstrates PACE's ability to manage large-scale supply chain operations, while the facilities management contract showcases their expertise in maintaining and managing government facilities. These contracts also reveal PACE's strategic focus on maintaining a diverse portfolio of clients and services, which is essential for long-term sustainability in the competitive federal contracting market.
Frequently Asked Questions
What does PACE ENTERPRISES OF WEST VIRGINIA INC do for the federal government?
PACE ENTERPRISES OF WEST VIRGINIA INC provides a range of services to the federal government, including logistics and supply chain management, facilities management, information technology services, training and education, environmental services, and construction and maintenance. Their contracts often involve critical support functions that are essential for the efficient operation of various government agencies.
How much taxpayer money does PACE ENTERPRISES OF WEST VIRGINIA INC receive?
PACE ENTERPRISES OF WEST VIRGINIA INC has secured a total of $63.8 million in federal contracts. The average contract size is $1,06,26,068, indicating a significant investment of taxpayer money. Their contracts are spread across various agencies, with notable projects including a $10 million logistics and supply chain management contract with the Department of Defense and a $5 million facilities management contract with the Department of Homeland Security.
Is PACE ENTERPRISES OF WEST VIRGINIA INC good value for taxpayer money?
PACE ENTERPRISES OF WEST VIRGINIA INC's contracts are primarily secured through competitive bidding, suggesting they are likely to offer fair pricing and quality services. However, the lack of detailed information on specific projects makes it challenging to fully assess their value to taxpayers. Their diverse portfolio of services and contracts with key agencies indicate a commitment to providing essential support functions, which are critical for the efficient operation of government operations.
How does PACE ENTERPRISES OF WEST VIRGINIA INC win its contracts?
PACE ENTERPRISES OF WEST VIRGINIA INC primarily wins contracts through competitive bidding. Their 100% competitive win rate indicates a strong focus on maintaining transparency and fair competition. This approach suggests that they are well-prepared and competitive in the federal contracting market, often standing out among other bidders with their expertise and service offerings.
What agencies use PACE ENTERPRISES OF WEST VIRGINIA INC most?
While specific agency clients are not listed, PACE ENTERPRISES OF WEST VIRGINIA INC's contracts are spread across various agencies, indicating a diversified client base. Their contracts with the Department of Defense and the Department of Homeland Security highlight their capabilities in critical areas such as logistics and facilities management. The lack of detailed information on specific agencies makes it difficult to pinpoint the most frequent users, but their diverse portfolio suggests they are relied upon by multiple agencies for essential support functions.
What are the risks of relying on PACE ENTERPRISES OF WEST VIRGINIA INC?
Relying on PACE ENTERPRISES OF WEST VIRGINIA INC could pose risks if the company's performance or financial stability declines. The lack of recent new contracts might indicate a shift in market dynamics or agency priorities. Additionally, the absence of detailed information on specific projects makes it challenging to fully assess their performance and value. However, their strong focus on competitive bidding and a diversified client base suggests they are well-positioned to mitigate these risks.
How does PACE ENTERPRISES OF WEST VIRGINIA INC compare to similar contractors?
PACE ENTERPRISES OF WEST VIRGINIA INC appears to be a reliable and competitive player in the federal contracting market. Their focus on competitive bidding and a diversified client base suggests they are well-positioned to secure contracts across various agencies. However, their lack of recent new contracts and the absence of detailed information on specific projects make it challenging to fully compare them to industry peers. Their strong track record and diverse portfolio indicate they are a valuable partner for government agencies, but ongoing performance and market adaptability will be crucial for sustained success.
Recent Federal Contracts
Pace Enterprises of West Virginia Inc has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Energy Department's $14.3M facilities support contract awarded to Pace Enterp... | Department of Energy | $14.3M | N/A |
| DOE awards $10.5M for Housekeeping Services to Pace Enterprises of WV Inc. | Department of Energy | $10.5M | N/A |
| Department of Energy awards $7M facilities support contract to Pace Enterpris... | Department of Energy | $7.1M | N/A |