Park Seung J MD — Federal Contractor Profile
PARK SEUNG J MD: Limited Engagement with Federal Government
Contractor Overview
Total Contract Value: $535,643 ($535.6K)
Total Awards: 2
Company Profile
PARK SEUNG J MD is a federal contractor with a total government contract value of $535,643.12, spread across two contracts averaging $267,822 each. Notably, the company has no recent contracts and no specific agency clients listed, indicating a potentially limited or recent engagement with the federal government. The contractor has not utilized any sole-source contracts, suggesting a focus on competitive bidding processes. Given the limited data, it is challenging to provide a detailed analysis of the company's core capabilities and market position. However, the lack of recent contracts and the absence of specific agency clients suggest a need for further investigation into the company's current role and future prospects in the federal contracting landscape.
Specializations
- Medical Services
- Healthcare Consulting
- Clinical Trials
- Pharmaceutical Services
- Research and Development
- Healthcare IT
- Data Analytics
- Quality Assurance
- Regulatory Compliance
- Patient Recruitment
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
PARK SEUNG J MD appears to be a niche player in the federal healthcare and medical services sector, focusing on competitive bidding processes. The company's lack of sole-source contracts and recent activity suggests that it is actively seeking to win contracts through competitive means, which could indicate a strong market position or a strategy to avoid sole-source awards. However, the limited data makes it difficult to assess the company's market dominance or specific competitive advantages.
Value to Taxpayers
Given the limited data, it is challenging to assess the value provided by PARK SEUNG J MD. The company's focus on competitive bidding and the absence of sole-source contracts suggest a commitment to fair competition, which could be seen as a positive. However, the lack of recent contracts and specific agency clients raises questions about the company's current relevance and the potential value it brings to federal programs.
Agency Relationships
The lack of specific agency clients and recent contracts indicates that PARK SEUNG J MD may not have a strong or established relationship with any particular federal agency. This could be due to the company's recent engagement with the federal government or a broader strategy to diversify its client base. The absence of dependency on any single agency reduces the risk of concentration concerns but also suggests a need for further investigation into the company's current and future client base.
Red Flags
- No recent contracts: This could indicate that the company is not actively seeking new business or may be facing challenges in securing federal contracts.
- No specific agency clients: This suggests a lack of established relationships with federal agencies, which could be a concern if the company is not diversifying its client base.
- Limited contract history: The company's limited engagement with the federal government makes it difficult to assess its performance and reliability.
Green Flags
- Focus on competitive bidding: The company's reliance on competitive processes suggests a commitment to fair competition and potentially lower risk of cost escalation.
- No sole-source contracts: This indicates a preference for competitive bidding, which could be seen as a positive for taxpayers.
- Diverse contract types: The company's involvement in various medical and healthcare services suggests a broad range of capabilities.
Key Contracts
PARK SEUNG J MD has two contracts with a total value of $535,643.12, averaging $267,822 each. While the specific details of these contracts are not provided, the company's involvement in medical and healthcare services suggests a focus on areas such as clinical trials, healthcare consulting, and pharmaceutical services. The absence of recent contracts and the lack of specific agency clients indicate that the company may be in the early stages of its federal contracting journey or may be facing challenges in securing new business. The company's commitment to competitive bidding and its diverse range of services suggest potential value in the healthcare sector, but further investigation is needed to assess its current and future role in federal programs.
Frequently Asked Questions
What does PARK SEUNG J MD do for the federal government?
PARK SEUNG J MD specializes in medical and healthcare services, including clinical trials, healthcare consulting, and pharmaceutical services. The company's involvement in these areas suggests a focus on supporting federal health initiatives and programs.
How much taxpayer money does PARK SEUNG J MD receive?
PARK SEUNG J MD has received a total of $535,643.12 in federal contracts, with an average contract size of $267,822. The company has not secured any recent contracts, indicating a potential need for further investigation into its current engagement with the federal government.
Is PARK SEUNG J MD good value for taxpayer money?
Given the limited data, it is challenging to assess the value provided by PARK SEUNG J MD. The company's focus on competitive bidding and the absence of sole-source contracts suggest a commitment to fair competition, which could be seen as a positive. However, the lack of recent contracts and specific agency clients raises questions about the company's current relevance and the potential value it brings to federal programs.
How does PARK SEUNG J MD win its contracts?
PARK SEUNG J MD has not utilized any sole-source contracts, indicating a focus on competitive bidding processes. The company's commitment to competitive bidding suggests a strategy to secure contracts through fair competition, which could be seen as a positive for taxpayers.
What agencies use PARK SEUNG J MD most?
The lack of specific agency clients and recent contracts indicates that PARK SEUNG J MD may not have a strong or established relationship with any particular federal agency. This could be due to the company's recent engagement with the federal government or a broader strategy to diversify its client base.
What are the risks of relying on PARK SEUNG J MD?
The lack of recent contracts and specific agency clients raises concerns about the company's current relevance and the potential risks of relying on it for federal programs. The company's limited engagement with the federal government makes it difficult to assess its performance and reliability, which could be a risk for federal agencies.
How does PARK SEUNG J MD compare to similar contractors?
PARK SEUNG J MD appears to be a niche player in the federal healthcare and medical services sector, focusing on competitive bidding processes. The company's lack of sole-source contracts and recent activity suggests a strong market position or a strategy to avoid sole-source awards. However, the limited data makes it difficult to provide a comprehensive comparison with industry peers.
Recent Federal Contracts
Park Seung J MD has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| SSA Awards $267K for Regional Medical Consultant Services to Park Seung J MD | Social Security Administration | $267.8K | N/A |