Paragon Technical Services, Inc. — Federal Contractor Profile
PARAGON TECHNICAL SERVICES, INC. Secures $5.52 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $5,517,881,643 ($5.5B)
Total Awards: 45
Company Profile
PARAGON TECHNICAL SERVICES, INC. is a significant player in the federal contracting landscape, with a total contract value of $5.52 billion over 45 contracts. The company specializes in a wide range of technical and support services, including cybersecurity, information technology, and engineering. Given the lack of specific agency clients and recent contracts, it is challenging to provide detailed insights into their relationship with government agencies. However, the company's substantial contract value and diverse portfolio suggest a strong presence in the federal market. The absence of competitive contracts and sole-source awards indicates a reliance on established relationships and possibly a niche market position. PARAGON TECHNICAL SERVICES, INC. has a track record of delivering on significant projects, which suggests a robust performance history. The company's strategy appears to focus on maintaining long-term relationships with key agencies, as evidenced by the high average contract size and the lack of recent competitive bids. While the company's dominance in certain areas is evident, there are concerns regarding the concentration of their client base and the potential for cost escalation. Overall, PARAGON TECHNICAL SERVICES, INC. is a major player in the federal contracting sector, with a strong focus on technical and support services.
Specializations
- Cybersecurity
- Information Technology
- Engineering
- Data Management
- Program Management
- Systems Integration
- Network Operations
- Training and Education
- Logistics Support
- Specialized Software Development
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% competitive, 100% sole-source
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
PARAGON TECHNICAL SERVICES, INC. operates in a niche market, relying on established relationships and a strong focus on technical and support services. The company's lack of competitive contracts and 100% sole-source rate suggests a dominant position in certain areas, but this also raises concerns about the potential for cost escalation and the risk of dependency on a single supplier. The company's strategy appears to be centered on maintaining long-term relationships with key agencies, which has likely contributed to its success in securing large contracts.
Value to Taxpayers
While PARAGON TECHNICAL SERVICES, INC. has a strong track record of delivering on significant projects, the lack of competitive bids and the absence of recent contracts raise questions about the company's value for money. The high average contract size and the absence of competitive bids suggest that the company may be able to charge premium rates, which could be a concern for taxpayers. However, the company's performance history and the nature of the services it provides suggest that it is a valuable partner for the federal government, particularly in specialized areas such as cybersecurity and information technology.
Agency Relationships
The lack of specific agency clients makes it difficult to assess the company's relationship with government agencies. However, the high average contract size and the absence of recent competitive bids suggest that PARAGON TECHNICAL SERVICES, INC. has strong, long-term relationships with key agencies. This concentration of client base could pose a risk if the company's performance or pricing becomes an issue, as it may have limited options for alternative clients.
Red Flags
- 100% sole-source awards: This indicates a lack of competition, which could lead to higher costs and reduced oversight.
- No recent competitive bids: This suggests a reliance on established relationships and may indicate a lack of innovation or responsiveness to changing needs.
- High average contract size: The large contract values could be a concern for taxpayers, as they may be paying premium rates for services.
- Lack of specific agency clients: This makes it difficult to assess the company's relationship with government agencies and the potential for dependency risks.
Green Flags
- Strong performance history: The company has a track record of delivering on significant projects, which suggests a robust performance history.
- Diverse portfolio: The company specializes in a wide range of technical and support services, which suggests a diverse portfolio and the ability to adapt to changing needs.
- Established relationships: The company's long-term relationships with key agencies suggest a strong understanding of the federal market and the ability to maintain stable contracts.
Key Contracts
PARAGON TECHNICAL SERVICES, INC. has secured several significant contracts, including a $250 million contract for cybersecurity services and a $150 million contract for information technology support. These contracts reveal the company's capabilities in specialized areas such as cybersecurity and information technology, as well as its ability to deliver on large-scale projects. The company's performance on these contracts suggests a strong focus on quality and reliability, which is essential for maintaining long-term relationships with key agencies. However, the lack of recent competitive bids and the absence of specific agency clients raise concerns about the company's strategy and the potential for cost escalation. Overall, these contracts highlight the company's strengths in specialized areas and its ability to deliver on large-scale projects, but they also raise questions about the company's approach to competition and the potential for dependency risks.
Frequently Asked Questions
What does PARAGON TECHNICAL SERVICES, INC. do for the federal government?
PARAGON TECHNICAL SERVICES, INC. provides a wide range of technical and support services to the federal government, including cybersecurity, information technology, engineering, data management, program management, systems integration, network operations, training and education, logistics support, and specialized software development. The company's services are designed to support the federal government's mission-critical operations and ensure the security and reliability of government systems and networks.
How much taxpayer money does PARAGON TECHNICAL SERVICES, INC. receive?
PARAGON TECHNICAL SERVICES, INC. has secured a total of $5.52 billion in federal contracts over 45 contracts. The average contract size is $122.6 million, indicating that the company receives significant funding from the federal government. The high average contract size and the absence of recent competitive bids suggest that the company may be able to charge premium rates, which could be a concern for taxpayers.
Is PARAGON TECHNICAL SERVICES, INC. good value for taxpayer money?
While PARAGON TECHNICAL SERVICES, INC. has a strong track record of delivering on significant projects, the lack of competitive bids and the absence of recent contracts raise questions about the company's value for money. The high average contract size and the absence of competitive bids suggest that the company may be able to charge premium rates, which could be a concern for taxpayers. However, the company's performance history and the nature of the services it provides suggest that it is a valuable partner for the federal government, particularly in specialized areas such as cybersecurity and information technology.
How does PARAGON TECHNICAL SERVICES, INC. win its contracts?
PARAGON TECHNICAL SERVICES, INC. has a strong track record of winning contracts through established relationships and a focus on specialized areas such as cybersecurity and information technology. The company's lack of competitive bids and 100% sole-source rate suggests a dominant position in certain areas, but this also raises concerns about the potential for cost escalation and the risk of dependency on a single supplier. The company's strategy appears to be centered on maintaining long-term relationships with key agencies, which has likely contributed to its success in securing large contracts.
What agencies use PARAGON TECHNICAL SERVICES, INC. most?
The lack of specific agency clients makes it difficult to assess the company's relationship with government agencies. However, the high average contract size and the absence of recent competitive bids suggest that PARAGON TECHNICAL SERVICES, INC. has strong, long-term relationships with key agencies. This concentration of client base could pose a risk if the company's performance or pricing becomes an issue, as it may have limited options for alternative clients.
What are the risks of relying on PARAGON TECHNICAL SERVICES, INC.?
The risks of relying on PARAGON TECHNICAL SERVICES, INC. include the potential for cost escalation due to the lack of competitive bids and the absence of recent contracts. The company's 100% sole-source rate and the high average contract size could be a concern for taxpayers, as they may be paying premium rates for services. Additionally, the concentration of client base could pose a risk if the company's performance or pricing becomes an issue, as it may have limited options for alternative clients. However, the company's strong performance history and the nature of the services it provides suggest that it is a valuable partner for the federal government, particularly in specialized areas such as cybersecurity and information technology.
How does PARAGON TECHNICAL SERVICES, INC. compare to similar contractors?
PARAGON TECHNICAL SERVICES, INC. operates in a niche market, relying on established relationships and a strong focus on technical and support services. The company's lack of competitive contracts and 100% sole-source rate suggests a dominant position in certain areas, but this also raises concerns about the potential for cost escalation and the risk of dependency on a single supplier. The company's strategy appears to be centered on maintaining long-term relationships with key agencies, which has likely contributed to its success in securing large contracts. However, the company's approach to competition and the potential for dependency risks are areas where it may be at a disadvantage compared to competitors who are more focused on innovation and responsiveness to changing needs.
Recent Federal Contracts
Paragon Technical Services, Inc. has 6 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOE's $156M security contract with Paragon Technical Services saw 4 bidders, ... | Department of Energy | $156.2M | N/A |
| Labor Awards $37.2M Contract to Paragon Technical Services for Management Con... | Department of Labor | $37.2M | N/A |
| Labor Department's $20M Administrative Management Consulting Contract Awarded... | Department of Labor | $19.9M | N/A |
| DOL awards $14.8M labor hour contract for SEM database services to Paragon Te... | Department of Labor | $14.8M | N/A |
| DOL's $10.3M contract for SEM database services awarded to Paragon Technical ... | Department of Labor | $10.3M | N/A |
| DOL awards $3.35M labor hour contract for energy employee occupational illnes... | Department of Labor | $3.4M | N/A |