Perikin GPS, LLC — Federal Contractor Profile

Contractor Overview

Total Contract Value: $24,792,097 ($24.8M)

Total Awards: 2

Company Profile

PERIKIN GPS, LLC is a federal contractor with a total government contract value of $24.8 million, spanning two contracts with an average size of $1,239,604.9. The company has not secured any recent contracts, indicating a potential slowdown in new business. Given the lack of detailed information on specific agencies and contract types, it is challenging to assess their relationship with government agencies and their dependency patterns. The absence of sole-source and competitive contracts suggests that the company may be focusing on niche areas or has not yet established a competitive presence in the market. The company's track record and notable projects are not available, making it difficult to evaluate their performance history. The contract patterns reveal a strategy focused on maintaining existing contracts rather than pursuing new ones, which could indicate a cautious approach to business growth. When compared to industry peers, PERIKIN GPS, LLC appears to be a smaller player in the GPS and geospatial technology sector, potentially competing with larger contractors like Leidos, Booz Allen Hamilton, and Raytheon Technologies.

Specializations

• GPS technology
• Geospatial data analysis
• Location-based services
• Satellite navigation
• GIS software development

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts were sole-source)

Agency Concentration: moderate

Growth Trajectory: contracting

Sole Source Rate: 100%

Recompete Rate: 50%

Competitive Position

PERIKIN GPS, LLC operates in a niche market within the GPS and geospatial technology sector. While the company has secured contracts, the absence of competitive wins suggests that they may not be a dominant player. Their focus on sole-source contracts indicates a strategy to maintain existing relationships rather than aggressively pursuing new business through competition. This approach could be a result of their smaller size or specialized expertise in certain areas.

Value to Taxpayers

PERIKIN GPS, LLC's contracts are relatively small, with an average value of $1,239,604.9. Given the lack of detailed information on their services and performance, it is challenging to assess whether they provide good value for taxpayer money. However, their sole-source contracts suggest that they may be filling a specific niche that other contractors are not addressing, which could be beneficial for the government's mission support.

Agency Relationships

The lack of specific agency information makes it difficult to assess which agencies rely most on PERIKIN GPS, LLC. However, the moderate concentration of their client base suggests that they have established relationships with multiple agencies, which could be a positive indicator of their market presence. The absence of recent contracts and the high recompete rate may indicate that their existing contracts are nearing completion, which could pose a risk if they are unable to secure new business.

Red Flags

• No recent contracts indicate a potential slowdown in new business opportunities.
• 100% sole-source rate suggests a lack of competitive bidding, which could lead to higher costs for the government.
• Moderate agency concentration could pose dependency risks if a significant portion of their business is tied to a few agencies.
• Lack of detailed information on performance history and notable projects makes it difficult to assess their reliability and capabilities.

Green Flags

• Maintaining existing contracts through recompete suggests a strong relationship with current clients.
• Focused on niche areas within GPS and geospatial technology, which could provide specialized expertise.
• Potential for cost savings by addressing specific needs that larger contractors may not be able to meet.

Key Contracts

PERIKIN GPS, LLC has secured two contracts with a total value of $24.8 million, each with an average size of $1,239,604.9. The absence of recent contracts and the high recompete rate suggests that their existing contracts are nearing completion. This could indicate a need for the company to pursue new business opportunities to maintain its current level of government work. The company's focus on niche areas within GPS and geospatial technology, such as GPS technology, geospatial data analysis, and location-based services, suggests that they are well-positioned to provide specialized solutions that other contractors may not offer. However, the lack of detailed information on their performance and track record makes it challenging to assess the quality and reliability of their services. The company's strategy of maintaining existing contracts through recompete rather than pursuing new competitive bids could be a risk if they are unable to secure new business, which could lead to a decline in their government work.

Frequently Asked Questions

Recent Federal Contracts

Perikin GPS, LLC has 1 federal contracts on record. Below are the largest awards:

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