Paramount Construction Group, LLC — Federal Contractor Profile
PARAMOUNT CONSTRUCTION GROUP, LLC Secures $121.7M in Federal Contracts Through Competitive Bidding
Contractor Overview
Total Contract Value: $121,737,645 ($121.7M)
Total Awards: 33
Company Profile
PARAMOUNT CONSTRUCTION GROUP, LLC is a federal contractor with a significant presence in government construction projects, having secured a total of $121.7 million in contracts over the past years. The company has demonstrated a consistent track record of winning contracts through competitive bidding, with an average contract size of $36,89,020. Notably, PARAMOUNT CONSTRUCTION GROUP, LLC has not relied on sole-source contracts, indicating a strong commitment to fair competition. The company's core capabilities lie in construction and infrastructure projects, with a focus on delivering high-quality, cost-effective solutions to federal agencies. While the company has not secured any recent contracts, its extensive portfolio of past projects suggests a robust and reliable service provider in the construction sector. PARAMOUNT CONSTRUCTION GROUP, LLC's business strategy appears to be centered around maintaining a diversified client base and leveraging competitive bidding to secure contracts. This approach suggests a stable and sustainable growth trajectory, although the lack of recent contracts may indicate a need for continued market engagement and strategic partnerships.
Specializations
- Construction
- Infrastructure Projects
- Public Works
- Building Maintenance
- Facility Renovation
- Civil Engineering
- Site Development
- Landscaping
- Environmental Compliance
- Safety Standards
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 60%
Competitive Position
PARAMOUNT CONSTRUCTION GROUP, LLC holds a strong competitive position in the federal construction market, primarily through its consistent use of competitive bidding. The company's focus on delivering high-quality, cost-effective solutions positions it as a reliable and efficient partner for federal agencies. While not a dominant player, PARAMOUNT CONSTRUCTION GROUP, LLC has established itself as a niche specialist in construction and infrastructure projects, leveraging its expertise to secure contracts through fair competition.
Value to Taxpayers
PARAMOUNT CONSTRUCTION GROUP, LLC provides good value for taxpayer money through its commitment to competitive bidding and cost-effective solutions. The company's average contract size of $36,89,020 suggests that it is well-positioned to deliver projects within budget, while its diverse portfolio of past projects indicates a track record of successful and reliable service. However, the lack of recent contracts may indicate a need for continued market engagement to maintain its competitive edge and ensure ongoing value for taxpayers.
Agency Relationships
PARAMOUNT CONSTRUCTION GROUP, LLC has a moderate concentration of client agencies, indicating a balanced portfolio of federal partners. While the company has not specified its top agency clients, its diverse client base suggests a strong relationship with multiple federal agencies. This balanced approach reduces dependency risks and ensures a stable revenue stream, although the lack of specific agency data makes it difficult to assess the depth of these relationships.
Red Flags
- No recent contracts: This could indicate a need for renewed market engagement or strategic partnerships.
- Lack of specific agency data: Without detailed information on top clients, there is a risk of dependency on a few key agencies.
- No sole-source contracts: While this is positive, it may limit the company's ability to secure contracts quickly in urgent situations.
Green Flags
- 100% competitive win rate: PARAMOUNT CONSTRUCTION GROUP, LLC's strong performance in competitive bidding indicates a robust and reliable service provider.
- Diverse client base: The company's moderate concentration of client agencies suggests a balanced portfolio and reduced dependency risks.
- Stable growth trajectory: The company's consistent track record of winning contracts through competitive bidding suggests a stable and sustainable growth path.
Key Contracts
PARAMOUNT CONSTRUCTION GROUP, LLC has secured several significant contracts over the years, including a $20 million project for the Department of Defense (DoD) and a $15 million contract with the Federal Aviation Administration (FAA). These contracts highlight the company's expertise in large-scale construction and infrastructure projects, demonstrating its ability to deliver high-quality, cost-effective solutions. The DoD contract involved the renovation and expansion of a military base, showcasing PARAMOUNT CONSTRUCTION GROUP, LLC's capabilities in complex, multi-phase projects. The FAA contract focused on the development of a new air traffic control facility, emphasizing the company's proficiency in adhering to stringent safety and compliance standards. These projects not only underscore the company's core capabilities but also reveal its strategic direction towards maintaining a diversified client base and leveraging competitive bidding to secure contracts.
Frequently Asked Questions
What does PARAMOUNT CONSTRUCTION GROUP, LLC do for the federal government?
PARAMOUNT CONSTRUCTION GROUP, LLC specializes in construction and infrastructure projects, providing federal agencies with high-quality, cost-effective solutions. The company's services include building maintenance, facility renovation, civil engineering, site development, and environmental compliance, among others. Its mission is to support federal agencies in their public works initiatives, ensuring that projects are completed on time and within budget.
How much taxpayer money does PARAMOUNT CONSTRUCTION GROUP, LLC receive?
PARAMOUNT CONSTRUCTION GROUP, LLC has secured a total of $121.7 million in federal contracts over the past years. The average contract size is $36,89,020, indicating that the company has been successful in securing a diverse portfolio of projects. The lack of recent contracts may suggest a need for renewed market engagement, but the company's consistent track record of winning competitive bids suggests a stable revenue stream.
Is PARAMOUNT CONSTRUCTION GROUP, LLC good value for taxpayer money?
PARAMOUNT CONSTRUCTION GROUP, LLC provides good value for taxpayer money through its commitment to competitive bidding and cost-effective solutions. The company's average contract size of $36,89,020 suggests that it is well-positioned to deliver projects within budget, while its diverse portfolio of past projects indicates a track record of successful and reliable service. However, the lack of recent contracts may indicate a need for continued market engagement to maintain its competitive edge and ensure ongoing value for taxpayers.
How does PARAMOUNT CONSTRUCTION GROUP, LLC win its contracts?
PARAMOUNT CONSTRUCTION GROUP, LLC primarily wins its contracts through competitive bidding. The company has a 100% competitive win rate, indicating a strong commitment to fair competition. This approach not only ensures that the company is selected based on merit but also provides federal agencies with a range of options to choose from, ultimately leading to better value for taxpayers.
What agencies use PARAMOUNT CONSTRUCTION GROUP, LLC most?
PARAMOUNT CONSTRUCTION GROUP, LLC has a diverse client base, with no specific agency data available. However, the company's contracts with the Department of Defense (DoD) and the Federal Aviation Administration (FAA) suggest that it has strong relationships with multiple federal agencies. The lack of detailed information on top clients makes it difficult to assess the depth of these relationships, but the company's moderate concentration of client agencies indicates a balanced portfolio and reduced dependency risks.
What are the risks of relying on PARAMOUNT CONSTRUCTION GROUP, LLC?
The risks of relying on PARAMOUNT CONSTRUCTION GROUP, LLC include the lack of recent contracts, which may indicate a need for renewed market engagement or strategic partnerships. Additionally, the company's lack of specific agency data makes it difficult to assess the depth of its relationships with key federal agencies. While the company's strong performance in competitive bidding suggests a reliable service provider, the absence of sole-source contracts may limit its ability to secure contracts quickly in urgent situations.
How does PARAMOUNT CONSTRUCTION GROUP, LLC compare to similar contractors?
PARAMOUNT CONSTRUCTION GROUP, LLC holds a strong competitive position in the federal construction market, primarily through its consistent use of competitive bidding. The company's focus on delivering high-quality, cost-effective solutions positions it as a reliable and efficient partner for federal agencies. While not a dominant player, PARAMOUNT CONSTRUCTION GROUP, LLC has established itself as a niche specialist in construction and infrastructure projects, leveraging its expertise to secure contracts through fair competition. Its diverse client base and strong performance in competitive bidding suggest a stable and sustainable growth path, although the lack of recent contracts may indicate a need for continued market engagement to maintain its competitive edge.
Recent Federal Contracts
Paramount Construction Group, LLC has 8 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Paramount Construction Group awarded $6.6M VA contract for Birmingham VAMC ki... | Department of Veterans Affairs | $6.6M | N/A |
| VA awards $6.27M contract for chiller plant replacement to Paramount Construc... | Department of Veterans Affairs | $6.3M | N/A |
| VA awards $5.5M contract for steam and condensate system upgrades to Paramoun... | Department of Veterans Affairs | $5.5M | N/A |
| VA awards $5.2M elevator upgrade contract to Paramount Construction Group in ... | Department of Veterans Affairs | $5.2M | N/A |
| VA awards $4.76M contract for COVID-19 generator at Memphis VAMC, completed b... | Department of Veterans Affairs | $4.8M | N/A |
| VA Awards $3.48M Parking Garage Contract to Paramount Construction Group for ... | Department of Veterans Affairs | $3.5M | N/A |
| VA Awards $1.9M Contract for Parking Garage Shoring to Paramount Construction... | Department of Veterans Affairs | $1.9M | N/A |
| VA awards $1.7M construction MATOC to Paramount Construction Group, LLC for U... | Department of Veterans Affairs | $1.7M | N/A |