Polk & Associates Construction Inc — Federal Contractor Profile
POLK & ASSOCIATES CONSTRUCTION INC: $10.5 Million in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $10,498,038 ($10.5M)
Total Awards: 6
Company Profile
POLK & ASSOCIATES CONSTRUCTION INC is a federal contractor with a total government contract value of $10.5 million, spanning six contracts averaging $17,49,673 each. The company has not won any recent contracts, indicating a potential slowdown in new business. Given the absence of sole-source contracts, it appears that the company has been successful in competing for government work. However, the lack of recent contracts and the absence of specific agency clients suggests a need for further investigation into the company's current business strategy and market position. The company's core capabilities and specializations are not immediately clear from the available data, but it is evident that the company is focused on providing construction services to the federal government. The company's track record and notable projects are not detailed, but the average contract size suggests a significant investment in each project. The company's contract patterns reveal a strategy focused on maintaining existing contracts rather than seeking new business, which could be a concern given the current lack of recent contracts. When compared to industry peers, POLK & ASSOCIATES CONSTRUCTION INC appears to be a niche player in the construction sector, with a focus on federal government contracts.
Specializations
- Construction
- Infrastructure
- Building Maintenance
- Facility Renovation
- Public Works
- Civil Engineering
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
POLK & ASSOCIATES CONSTRUCTION INC appears to be a niche player in the construction sector, focusing on federal government contracts. The company has not won any recent contracts, which could indicate a need to reassess its market strategy. However, the company's consistent performance in maintaining existing contracts suggests a strong relationship with its current clients. The lack of sole-source contracts indicates that the company is competitive and has been able to secure contracts through open competition, which is a positive sign.
Value to Taxpayers
POLK & ASSOCIATES CONSTRUCTION INC provides construction services to the federal government, which is essential for maintaining and improving public infrastructure. The average contract size of $1,749,673 suggests that the company is involved in significant projects, which could be beneficial for taxpayers. However, the absence of recent contracts and the lack of detailed information on specific projects makes it difficult to assess the overall value provided to taxpayers. The company's consistent performance in maintaining existing contracts suggests a level of reliability, which is important for government spending.
Agency Relationships
The company's lack of specific agency clients in the available data suggests that it may have a moderate concentration of clients across different agencies. This could be a concern if any single agency were to become overly dependent on the company, as it could lead to a lack of competition and potential performance issues. However, without more detailed information, it is difficult to assess the level of dependency risk.
Red Flags
- No recent contracts: The company has not won any new contracts in recent years, which could indicate a need to reassess its market strategy.
- Lack of sole-source contracts: The company has not won any sole-source contracts, which could suggest that it is not able to secure contracts through non-competitive means.
- Moderate agency concentration: The company's lack of specific agency clients in the available data suggests a moderate concentration of clients across different agencies, which could be a concern if any single agency were to become overly dependent on the company.
Green Flags
- Consistent performance: The company has been able to maintain existing contracts, which suggests a level of reliability and trust from its clients.
- No sole-source contracts: The company has not won any sole-source contracts, which indicates that it is competitive and has been able to secure contracts through open competition.
- Moderate agency concentration: The company's lack of specific agency clients in the available data suggests a moderate concentration of clients across different agencies, which could indicate a diversified client base.
Key Contracts
POLK & ASSOCIATES CONSTRUCTION INC has six contracts with a total value of $10.5 million, averaging $1,749,673 each. While the specific details of these contracts are not provided, the average contract size suggests that the company is involved in significant projects. The absence of recent contracts and the lack of detailed information on specific projects makes it difficult to assess the overall value provided to taxpayers. However, the company's consistent performance in maintaining existing contracts suggests a level of reliability, which is important for government spending. The company's focus on federal government contracts indicates a strong relationship with its current clients, but the lack of recent wins and the absence of specific agency clients in the available data suggest a need for further investigation into the company's current business strategy and market position.
Frequently Asked Questions
What does POLK & ASSOCIATES CONSTRUCTION INC do for the federal government?
POLK & ASSOCIATES CONSTRUCTION INC provides construction services to the federal government, including building maintenance, facility renovation, and public works projects. The company's core capabilities include construction, infrastructure, building maintenance, facility renovation, public works, and civil engineering. The company's focus on federal government contracts indicates a strong relationship with its current clients, but the lack of recent wins and the absence of specific agency clients in the available data suggest a need for further investigation into the company's current business strategy and market position.
How much taxpayer money does POLK & ASSOCIATES CONSTRUCTION INC receive?
POLK & ASSOCIATES CONSTRUCTION INC has received a total of $10.5 million in government contracts, with an average contract size of $1,749,673. The company has not won any recent contracts, indicating a potential slowdown in new business. The company's focus on federal government contracts suggests a significant investment in each project, but the lack of recent wins and the absence of specific agency clients in the available data make it difficult to assess the overall value provided to taxpayers.
Is POLK & ASSOCIATES CONSTRUCTION INC good value for taxpayer money?
POLK & ASSOCIATES CONSTRUCTION INC provides construction services to the federal government, which is essential for maintaining and improving public infrastructure. The average contract size of $1,749,673 suggests that the company is involved in significant projects, which could be beneficial for taxpayers. However, the absence of recent contracts and the lack of detailed information on specific projects makes it difficult to assess the overall value provided to taxpayers. The company's consistent performance in maintaining existing contracts suggests a level of reliability, which is important for government spending.
How does POLK & ASSOCIATES CONSTRUCTION INC win its contracts?
POLK & ASSOCIATES CONSTRUCTION INC has not won any sole-source contracts, indicating that the company is competitive and has been able to secure contracts through open competition. The company's focus on federal government contracts suggests a strong relationship with its current clients, but the lack of recent wins and the absence of specific agency clients in the available data suggest a need for further investigation into the company's current business strategy and market position. The company's consistent performance in maintaining existing contracts suggests a level of reliability, which is important for government spending.
What agencies use POLK & ASSOCIATES CONSTRUCTION INC most?
The company's lack of specific agency clients in the available data suggests a moderate concentration of clients across different agencies. This could be a concern if any single agency were to become overly dependent on the company, as it could lead to a lack of competition and potential performance issues. However, without more detailed information, it is difficult to assess the level of dependency risk. The company's focus on federal government contracts indicates a strong relationship with its current clients, but the lack of recent wins and the absence of specific agency clients in the available data suggest a need for further investigation into the company's current business strategy and market position.
What are the risks of relying on POLK & ASSOCIATES CONSTRUCTION INC?
The company's lack of recent contracts and the absence of specific agency clients in the available data suggest a need for further investigation into the company's current business strategy and market position. The company's consistent performance in maintaining existing contracts suggests a level of reliability, which is important for government spending. However, the lack of recent wins and the absence of specific agency clients in the available data could indicate a potential risk of dependency on a single client or a lack of diversification in its client base. The company's focus on federal government contracts suggests a strong relationship with its current clients, but the lack of recent wins and the absence of specific agency clients in the available data suggest a need for further investigation into the company's current business strategy and market position.
How does POLK & ASSOCIATES CONSTRUCTION INC compare to similar contractors?
POLK & ASSOCIATES CONSTRUCTION INC appears to be a niche player in the construction sector, focusing on federal government contracts. The company has not won any recent contracts, which could indicate a need to reassess its market strategy. However, the company's consistent performance in maintaining existing contracts suggests a strong relationship with its current clients. The lack of sole-source contracts indicates that the company is competitive and has been able to secure contracts through open competition, which is a positive sign. When compared to industry peers, POLK & ASSOCIATES CONSTRUCTION INC appears to be a niche player in the construction sector, with a focus on federal government contracts. The company's consistent performance in maintaining existing contracts suggests a level of reliability, which is important for government spending. However, the lack of recent wins and the absence of specific agency clients in the available data suggest a need for further investigation into the company's current business strategy and market position.
Recent Federal Contracts
Polk & Associates Construction Inc has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Naval Support Activity Awards $303K Design-Build for Chilled Water Systems to... | Department of the Interior | $3.0M | N/A |
| NSWC CRANE B2037 CAL LAB HVAC Upgrade contract awarded to Polk & Associates C... | Department of the Interior | $1.1M | N/A |