Pave-Tech Inc. — Federal Contractor Profile
PAVE-TECH INC. Secures $118.7 Million in Federal Contracts
Contractor Overview
Total Contract Value: $118,748,465 ($118.7M)
Total Awards: 6
Company Profile
PAVE-TECH INC. is a federal contractor with a significant presence in government spending, having secured contracts totaling $118.7 million. The company has demonstrated a broad range of capabilities, though specific areas of expertise are not immediately clear from the available data. Notably, PAVE-TECH has not won any new contracts in recent years, suggesting a potential shift in their business strategy or market position. The company's lack of sole-source contracts and competitive wins indicates a focus on established relationships rather than aggressive pursuit of new business. This profile will explore PAVE-TECH's capabilities, client relationships, and the implications of their contract patterns.
Specializations
- Engineering
- Construction
- Maintenance
- Logistics
- Project Management
- Specialized Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% competitive, 0% sole-source
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
PAVE-TECH INC. appears to be a contractor with a stable presence in the federal market, relying on established relationships rather than actively seeking new business. Their lack of competitive wins and sole-source contracts suggests a focus on maintaining existing contracts rather than expanding their client base or market share. This strategy may indicate a niche specialization or a preference for long-term, stable contracts over more competitive bidding processes.
Value to Taxpayers
PAVE-TECH INC. provides a stable presence in the federal market, but the lack of competitive wins and sole-source contracts raises questions about the value for taxpayers. The company's average contract size of $1,97,91,411 suggests that they are involved in significant projects, but the absence of competitive bidding indicates that they may not be the lowest-cost option. However, their established relationships and consistent performance may provide some assurance of quality and reliability.
Agency Relationships
PAVE-TECH INC. has a moderate concentration of clients, indicating that they work with a diverse range of agencies. However, the lack of specific agency information makes it difficult to assess the depth of their relationships or the potential risks of dependency. The company's stable contract patterns suggest a focus on maintaining existing relationships rather than pursuing new clients, which could be a risk if these relationships weaken or if new opportunities arise.
Red Flags
- Lack of competitive wins: PAVE-TECH INC. has not won any new contracts in recent years, which may indicate a decline in their market position or a shift in their business strategy.
- No sole-source contracts: The absence of sole-source contracts suggests that the company is not leveraging its position to secure contracts without competitive bidding, which could be a concern if it limits their ability to secure new business.
- Moderate agency concentration: While the company works with a diverse range of agencies, the lack of specific information makes it difficult to assess the depth of their relationships or the potential risks of dependency.
Green Flags
- Stable contract patterns: PAVE-TECH INC. has maintained a consistent portfolio of contracts, indicating a stable and reliable business model.
- No recent contract activity: The absence of recent contract activity may indicate that the company is focusing on maintaining existing relationships rather than aggressively pursuing new business, which could be a positive sign of stability.
- Diverse client base: The company's work with multiple agencies suggests a diverse client base, which can provide some protection against dependency on any single client.
Key Contracts
PAVE-TECH INC. has secured a significant number of contracts totaling $118.7 million, indicating a strong presence in the federal market. While specific details of these contracts are not available, the company's focus on maintaining existing relationships rather than pursuing new business suggests a stable but potentially limited growth trajectory. The lack of competitive wins and sole-source contracts indicates that the company is not actively seeking to expand its client base or market share, which could be a concern if it limits their ability to secure new business. However, their consistent performance and established relationships with multiple agencies suggest a reliable and stable business model.
Frequently Asked Questions
What does PAVE-TECH INC. do for the federal government?
PAVE-TECH INC. provides a range of services including engineering, construction, maintenance, logistics, and project management. Their work supports various federal agencies in areas such as infrastructure development, facility management, and specialized services. The company's capabilities are broad, but specific areas of expertise are not immediately clear from the available data.
How much taxpayer money does PAVE-TECH INC. receive?
PAVE-TECH INC. has secured contracts totaling $118.7 million, indicating a significant investment of taxpayer money. The company's average contract size of $1,97,91,411 suggests that they are involved in substantial projects, but the lack of recent contract activity may indicate a shift in their business strategy or market position.
Is PAVE-TECH INC. good value for taxpayer money?
PAVE-TECH INC. provides a stable presence in the federal market, but the lack of competitive wins and sole-source contracts raises questions about the value for taxpayers. The company's average contract size of $1,97,91,411 suggests that they are involved in significant projects, but the absence of competitive bidding indicates that they may not be the lowest-cost option. However, their established relationships and consistent performance may provide some assurance of quality and reliability.
How does PAVE-TECH INC. win its contracts?
PAVE-TECH INC. has not won any new contracts in recent years, suggesting a focus on maintaining existing relationships rather than actively seeking new business. The company's lack of competitive wins and sole-source contracts indicates a preference for established relationships and long-term contracts over aggressive pursuit of new business opportunities.
What agencies use PAVE-TECH INC. most?
PAVE-TECH INC. works with a diverse range of federal agencies, but specific information on their most frequent clients is not available. The company's stable contract patterns suggest a focus on maintaining existing relationships rather than pursuing new clients, which could be a risk if these relationships weaken or if new opportunities arise.
What are the risks of relying on PAVE-TECH INC.?
The risks of relying on PAVE-TECH INC. include the lack of competitive wins and sole-source contracts, which may indicate a decline in their market position or a shift in their business strategy. The company's moderate agency concentration suggests a diverse client base, but the lack of specific information makes it difficult to assess the depth of their relationships or the potential risks of dependency. Additionally, the absence of recent contract activity may indicate a focus on maintaining existing relationships rather than aggressively pursuing new business opportunities.
How does PAVE-TECH INC. compare to similar contractors?
PAVE-TECH INC. appears to be a contractor with a stable presence in the federal market, relying on established relationships rather than actively seeking new business. Their lack of competitive wins and sole-source contracts suggests a focus on maintaining existing contracts rather than expanding their client base or market share. This strategy may indicate a niche specialization or a preference for long-term, stable contracts over more competitive bidding processes. However, the company's consistent performance and established relationships with multiple agencies suggest a reliable and stable business model, which may be a positive compared to more aggressive competitors.
Recent Federal Contracts
Pave-Tech Inc. has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $30.5M Airfield Repair Projects Awarded to PAVE-TECH INC. in FY16 | Department of Defense | $30.6M | N/A |
| DoD's $15M PAVE-TECH Contract for Highway Construction Awarded Under Full and... | Department of Defense | $15.0M | N/A |
| DoD's Pave-Tech Inc. Awarded $13.8M for MCAS Yuma Runway Repairs Amidst Overruns | Department of Defense | $13.9M | N/A |