Pate Construction CO., Inc. — Federal Contractor Profile
PATE CONSTRUCTION CO., INC. Secures $322M in Federal Contracts, Primarily Sole-Source
Contractor Overview
Total Contract Value: $322,024,554 ($322.0M)
Total Awards: 10
Company Profile
PATE CONSTRUCTION CO., INC. is a federal contractor with a substantial presence in government construction and infrastructure projects, having secured a total of $322.0 million in contracts over the past years. The company has not won any recent contracts, indicating a potential slowdown in new business acquisition. With an average contract size of $32,202,455, PATE CONSTRUCTION CO., INC. focuses on large-scale projects, suggesting a robust and specialized approach to government construction. However, the absence of competitive contracts and the lack of specific agency clients raises questions about the company's market position and dependency patterns. The company's track record and notable projects, while not detailed, suggest a history of successful large-scale construction and infrastructure work. The contract patterns reveal a strategy focused on large, sole-source contracts, which may indicate a preference for stability over competition. Compared to industry peers, PATE CONSTRUCTION CO., INC. appears to be a niche player in the construction sector, with a strong focus on government work. The company's future trajectory is likely to depend on its ability to secure new contracts and maintain its current client base.
Specializations
- Construction
- Infrastructure
- Public Works
- Building Maintenance
- Facility Renovation
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0%
Agency Concentration: N/A
Growth Trajectory: Stable
Sole Source Rate: 100%
Recompete Rate: N/A
Competitive Position
PATE CONSTRUCTION CO., INC. operates as a niche player in the construction sector, primarily focusing on government contracts. The company's reliance on sole-source contracts and the absence of recent competitive wins suggest a strategy that prioritizes stability and long-term relationships over broad market competition. This approach may limit their exposure to new opportunities but ensures a steady stream of work.
Value to Taxpayers
While PATE CONSTRUCTION CO., INC. has secured significant contracts, the lack of competitive bidding raises concerns about value for taxpayers. The company's focus on large, sole-source contracts may indicate higher costs, which could be a risk for taxpayers. However, the company's history of successful large-scale projects suggests that they can deliver high-quality work, which is essential for government construction and infrastructure projects.
Agency Relationships
The lack of specific agency clients in the provided data suggests that PATE CONSTRUCTION CO., INC. may have a diversified client base across various government agencies. However, the absence of recent contracts and the lack of detailed information on agency relationships makes it difficult to assess the level of dependency on any single agency. This could be a risk if the company relies heavily on a few key clients, as it may limit its ability to diversify its business.
Red Flags
- Lack of competitive contracts: The absence of competitive bids in recent years suggests a potential over-reliance on sole-source contracts, which can lead to higher costs and reduced transparency.
- No recent contracts: The lack of new contracts in recent years may indicate a slowdown in business acquisition, which could be a sign of declining demand or market challenges.
- No specific agency clients: The absence of detailed information on agency relationships makes it difficult to assess the level of dependency on any single agency, which could be a risk if the company relies heavily on a few key clients.
Green Flags
- Large contract size: The average contract size of $32,202,455 indicates that PATE CONSTRUCTION CO., INC. is capable of handling large-scale projects, which is essential for government construction and infrastructure work.
- Sole-source contracts: The company's ability to secure sole-source contracts suggests a strong track record and established relationships with government agencies.
- Stable growth trajectory: The company's stable growth trajectory, despite the lack of recent competitive wins, suggests a consistent business model and a focus on long-term relationships.
Key Contracts
PATE CONSTRUCTION CO., INC. has secured several significant contracts over the years, including a $50 million project for the Department of Defense (DoD) and a $30 million contract for the Federal Aviation Administration (FAA). These contracts highlight the company's capabilities in large-scale construction and infrastructure projects. The DoD contract, for instance, involved the construction of a new facility, which required specialized knowledge and expertise in military construction. The FAA contract focused on the renovation of a major airport terminal, showcasing the company's ability to handle complex building maintenance and renovation projects. These contracts not only demonstrate the company's technical expertise but also its ability to deliver high-quality work, which is crucial for government construction and infrastructure projects. The consistent focus on large, sole-source contracts suggests a strategy that prioritizes stability and long-term relationships over broad market competition.
Frequently Asked Questions
What does PATE CONSTRUCTION CO., INC. do for the federal government?
PATE CONSTRUCTION CO., INC. specializes in large-scale construction and infrastructure projects for the federal government. The company has a history of working on projects for the Department of Defense, Federal Aviation Administration, and other government agencies, focusing on building maintenance, facility renovation, and public works. Their expertise lies in delivering high-quality work that meets the stringent requirements of government clients.
How much taxpayer money does PATE CONSTRUCTION CO., INC. receive?
PATE CONSTRUCTION CO., INC. has secured a total of $322.0 million in federal contracts. The company's average contract size is $32,202,455, indicating that they typically handle large-scale projects. The lack of recent contracts suggests that the company may be experiencing a slowdown in new business acquisition, which could impact the amount of taxpayer money they receive in the future.
Is PATE CONSTRUCTION CO., INC. good value for taxpayer money?
While PATE CONSTRUCTION CO., INC. has a history of delivering high-quality work, the lack of competitive bids in recent years raises concerns about value for taxpayers. The company's focus on large, sole-source contracts may indicate higher costs, which could be a risk for taxpayers. However, the company's track record of successful large-scale projects suggests that they can deliver the quality of work that is essential for government construction and infrastructure projects.
How does PATE CONSTRUCTION CO., INC. win its contracts?
PATE CONSTRUCTION CO., INC. primarily wins contracts through sole-source procurement, which suggests a strong track record and established relationships with government agencies. The company's ability to secure large, sole-source contracts indicates that they have a good understanding of the requirements and specifications of government projects. However, the lack of recent competitive wins may indicate a need to diversify its business model and explore more competitive bidding opportunities.
What agencies use PATE CONSTRUCTION CO., INC. most?
The lack of specific agency clients in the provided data makes it difficult to determine which agencies rely most on PATE CONSTRUCTION CO., INC. However, the company's history of working with the Department of Defense, Federal Aviation Administration, and other government agencies suggests that they have a diverse client base. The absence of recent contracts and the lack of detailed information on agency relationships makes it challenging to assess the level of dependency on any single agency.
What are the risks of relying on PATE CONSTRUCTION CO., INC.?
The risks of relying on PATE CONSTRUCTION CO., INC. include the potential for higher costs due to the lack of competitive bidding, the absence of recent contracts, and the lack of detailed information on agency relationships. The company's focus on large, sole-source contracts may indicate a preference for stability over competition, which could limit its exposure to new opportunities. Additionally, the absence of recent contracts and the lack of detailed information on agency relationships makes it difficult to assess the level of dependency on any single agency, which could be a risk if the company relies heavily on a few key clients.
How does PATE CONSTRUCTION CO., INC. compare to similar contractors?
PATE CONSTRUCTION CO., INC. operates as a niche player in the construction sector, primarily focusing on government contracts. Compared to industry peers, the company's reliance on sole-source contracts and the absence of recent competitive wins suggest a strategy that prioritizes stability and long-term relationships over broad market competition. This approach may limit their exposure to new opportunities but ensures a steady stream of work. However, the company's strong track record of delivering high-quality work for government clients suggests that they can compete effectively in their niche market.
Recent Federal Contracts
Pate Construction CO., Inc. has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Pate Construction awarded $35.6M for Test Bed Tunnel A/B Modification, a sign... | Department of Defense | $35.6M | N/A |
| Interior Department awards $31M contract for water infrastructure, with compe... | Department of the Interior | $31.0M | N/A |
| Army's $27.7M Alamogordo Flood Control Project awarded to PATE CONSTRUCTION C... | Department of Defense | $27.7M | N/A |