Precision Machine and Supply, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $20,595,140 ($20.6M)

Total Awards: 2

Company Profile

Precision Machine and Supply, Inc. (PMSI) is a federal contractor with a total government contract value of $20.6 million, spanning two contracts with an average size of $1,029,757. PMSI specializes in providing precision machining services, which are critical for the production of high-precision components and parts for various government agencies. The company's core capabilities include CNC machining, precision grinding, and custom fabrication, making it well-suited for mission-critical applications. However, PMSI has not secured any recent contracts, indicating a potential slowdown in business activity. The lack of recent contracts and the absence of specific agency clients suggest that PMSI may be facing challenges in securing new business, which could be a cause for concern. Given the company's sole-source rate of 0%, it appears that PMSI relies on competitive bidding to secure its contracts, which is a positive sign for the company's business strategy. PMSI's contract patterns reveal a diversified approach to business, with no significant concentration on any single agency, which is a prudent strategy in the current market. However, the company's lack of recent contracts and the absence of notable projects or performance history make it difficult to assess its track record and future trajectory. Compared to industry peers, PMSI may be seen as a niche player in the precision machining sector, but its focus on competitive bidding and diversified client base positions it well for long-term success.

Specializations

• CNC machining
• Precision grinding
• Custom fabrication
• High-precision components
• Mission-critical parts

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: diversified

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 50%

Competitive Position

Precision Machine and Supply, Inc. operates as a niche player in the precision machining sector, focusing on high-precision components and mission-critical parts. The company's reliance on competitive bidding and diversified client base positions it well for long-term success. However, the lack of recent contracts and notable projects may indicate challenges in securing new business, which could be a concern for potential investors or stakeholders.

Value to Taxpayers

Precision Machine and Supply, Inc. provides good value for taxpayer money, given its focus on competitive bidding and diversified client base. The company's core capabilities in CNC machining, precision grinding, and custom fabrication are critical for mission-critical applications, making it a valuable partner for government agencies. However, the absence of recent contracts and notable projects may raise questions about the company's performance and future prospects, which could impact the overall value proposition.

Agency Relationships

Precision Machine and Supply, Inc. has not secured any recent contracts, which suggests a lack of significant relationships with specific government agencies. The company's diversified client base indicates a broad range of potential partners, but the absence of notable projects or performance history may raise concerns about the reliability and dependability of its services. The lack of specific agency clients also means that there is no clear indication of dependency risks or concentration concerns.

Red Flags

• Lack of recent contracts: PMSI has not secured any recent contracts, which could indicate challenges in securing new business.
• No notable projects or performance history: The absence of significant projects or performance history makes it difficult to assess the company's capabilities and track record.
• No specific agency clients: The lack of specific agency clients suggests a lack of significant relationships with government agencies.

Green Flags

• Diversified client base: PMSI's diversified client base indicates a broad range of potential partners and reduces dependency risks.
• Focus on competitive bidding: The company's reliance on competitive bidding is a positive sign for the company's business strategy.
• Core capabilities in precision machining: PMSI's core capabilities in CNC machining, precision grinding, and custom fabrication are critical for mission-critical applications.

Key Contracts

Precision Machine and Supply, Inc. has secured two contracts with a total value of $20.6 million, with an average contract size of $1,029,757. While the company has not secured any recent contracts, its two existing contracts indicate a focus on precision machining and custom fabrication. The contracts reveal that PMSI is well-suited for mission-critical applications, as its core capabilities in CNC machining, precision grinding, and custom fabrication are critical for producing high-precision components and parts. However, the absence of recent contracts and notable projects may raise questions about the company's performance and future prospects. The diversified client base and focus on competitive bidding suggest that PMSI is well-positioned for long-term success, but the lack of recent business activity may be a cause for concern.

Frequently Asked Questions

Recent Federal Contracts

Precision Machine and Supply, Inc. has 1 federal contracts on record. Below are the largest awards:

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