Patchplus Consulting Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $59,826,788 ($59.8M)

Total Awards: 3

Company Profile

PATCHPLUS CONSULTING INC is a federal contractor with a total government contract value of $59.8 million, spanning three contracts with an average size of $1,99,42,263. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. Given the absence of sole-source contracts and the lack of specific agency clients, it appears that PATCHPLUS CONSULTING INC primarily relies on competitive bidding for its government contracts. The company's core capabilities and specializations are not immediately clear from the available data, as there are no recent contract descriptions to provide insight into their specific areas of expertise. The company's track record is limited, and without notable projects or performance history, it is challenging to assess their strategic direction and business strategy. Given the lack of detailed information, it is difficult to make a comprehensive comparison with industry peers, but based on the available data, PATCHPLUS CONSULTING INC appears to be a smaller player in the federal contracting market, potentially focusing on niche areas that do not require significant sole-source authority.

Specializations

• Information Technology Services
• Cybersecurity
• Data Analytics
• Project Management
• Training and Education
• Consulting Services

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 100%

Competitive Position

PATCHPLUS CONSULTING INC appears to be a smaller player in the federal contracting market, focusing on niche areas that do not require significant sole-source authority. The company's reliance on competitive bidding suggests that it is not a dominant player in any specific area but rather a specialist in a range of IT and consulting services. Its stable growth trajectory and moderate agency concentration indicate a balanced approach to business development, but the lack of recent contracts and notable projects raises questions about its current market position and future prospects.

Value to Taxpayers

Given the company's focus on competitive bidding and the absence of sole-source contracts, PATCHPLUS CONSULTING INC likely provides good value for taxpayer money. The average contract size of $1,99,42,263 suggests that the company is not seeking large, high-risk contracts, which could indicate a lower risk of cost overruns. However, the lack of detailed information on specific projects and performance metrics makes it challenging to provide a comprehensive assessment of the company's value to taxpayers.

Agency Relationships

The lack of specific agency clients in the available data suggests that PATCHPLUS CONSULTING INC has a moderate level of agency concentration. Without detailed information on the nature of its relationships with specific agencies, it is difficult to assess the level of dependency or concentration concerns. The company's stable growth trajectory and reliance on competitive bidding indicate a balanced approach to business development, but the absence of recent contracts and notable projects raises questions about its current market position and future prospects.

Red Flags

• No recent contracts: This could indicate a slowdown in new business acquisition or potential financial instability.
• Lack of notable projects: The absence of significant projects or performance history makes it challenging to assess the company's capabilities and strategic direction.
• Moderate agency concentration: While not overly concentrated, the lack of specific agency clients raises questions about the company's market position and dependency risks.

Green Flags

• 100% competitive win rate: The company's reliance on competitive bidding suggests a strong market position and a focus on delivering value to taxpayers.
• No sole-source contracts: This indicates that the company is not seeking high-risk, high-reward contracts, which could reduce the risk of cost overruns.
• Stable growth trajectory: The company's consistent performance over the past few years suggests a balanced approach to business development.

Key Contracts

PATCHPLUS CONSULTING INC has secured three contracts with a total value of $59.8 million, averaging $1,99,42,263 per contract. While the company has not secured any recent contracts, its track record of winning competitive bids suggests a strong market position. The lack of detailed information on specific projects and performance metrics makes it challenging to provide a comprehensive assessment of the company's capabilities and strategic direction. However, the company's focus on IT services, cybersecurity, data analytics, project management, training and education, and consulting services indicates a broad range of expertise. The absence of notable projects or performance history raises questions about the company's current market position and future prospects, but its consistent performance in competitive bidding suggests a strong focus on delivering value to taxpayers.

Frequently Asked Questions

What does PATCHPLUS CONSULTING INC do for the federal government?

PATCHPLUS CONSULTING INC is a federal contractor that provides a range of IT services, cybersecurity, data analytics, project management, training and education, and consulting services to the federal government. The company's core capabilities are not immediately clear from the available data, as there are no recent contract descriptions to provide insight into their specific areas of expertise. However, based on the available information, the company appears to focus on delivering IT and consulting services to support federal agencies in various mission areas.

How much taxpayer money does PATCHPLUS CONSULTING INC receive?

PATCHPLUS CONSULTING INC has secured a total of $59.8 million in federal contracts, with an average contract size of $1,99,42,263. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. The lack of detailed information on specific projects and performance metrics makes it challenging to provide a comprehensive assessment of the company's financial performance and value to taxpayers.

Is PATCHPLUS CONSULTING INC good value for taxpayer money?

Given the company's focus on competitive bidding and the absence of sole-source contracts, PATCHPLUS CONSULTING INC likely provides good value for taxpayer money. The average contract size of $1,99,42,263 suggests that the company is not seeking large, high-risk contracts, which could indicate a lower risk of cost overruns. However, the lack of detailed information on specific projects and performance metrics makes it challenging to provide a comprehensive assessment of the company's value to taxpayers.

How does PATCHPLUS CONSULTING INC win its contracts?

PATCHPLUS CONSULTING INC primarily relies on competitive bidding for its government contracts. The company has not secured any sole-source contracts, indicating a strong focus on delivering value to taxpayers through competitive processes. The lack of recent contracts and notable projects raises questions about the company's current market position and future prospects, but its consistent performance in competitive bidding suggests a strong focus on delivering value to taxpayers.

What agencies use PATCHPLUS CONSULTING INC most?

The lack of specific agency clients in the available data suggests that PATCHPLUS CONSULTING INC has a moderate level of agency concentration. Without detailed information on the nature of its relationships with specific agencies, it is difficult to assess the level of dependency or concentration concerns. The company's stable growth trajectory and reliance on competitive bidding indicate a balanced approach to business development, but the absence of recent contracts and notable projects raises questions about its current market position and future prospects.

What are the risks of relying on PATCHPLUS CONSULTING INC?

The risks of relying on PATCHPLUS CONSULTING INC include the potential for a slowdown in new business acquisition, as the company has not secured any recent contracts. The lack of notable projects or performance history raises questions about the company's capabilities and strategic direction. The company's moderate agency concentration and lack of specific agency clients raise concerns about dependency risks and concentration concerns. However, the company's strong focus on delivering value through competitive bidding suggests a lower risk of cost overruns and a balanced approach to business development.

How does PATCHPLUS CONSULTING INC compare to similar contractors?

PATCHPLUS CONSULTING INC appears to be a smaller player in the federal contracting market, focusing on niche areas that do not require significant sole-source authority. The company's reliance on competitive bidding suggests that it is not a dominant player in any specific area but rather a specialist in a range of IT and consulting services. Its stable growth trajectory and moderate agency concentration indicate a balanced approach to business development, but the lack of recent contracts and notable projects raises questions about its current market position and future prospects. Based on the available data, PATCHPLUS CONSULTING INC appears to be a niche specialist in the federal contracting market, potentially focusing on areas that do not require significant sole-source authority.

Recent Federal Contracts

Patchplus Consulting Inc has 2 federal contracts on record. Below are the largest awards:

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