Price Contracting Inc — Federal Contractor Profile
PRICE CONTRACTING INC: $11.4M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $11,358,269 ($11.4M)
Total Awards: 4
Company Profile
PRICE CONTRACTING INC is a federal contractor with a total government contract value of $11.4 million, involving 4 contracts with an average size of $2.8 million. The company has not won any recent contracts, and there are no specific agencies mentioned as clients. Given the lack of recent activity and the absence of sole-source contracts, it appears that PRICE CONTRACTING INC may be facing challenges in securing new business. 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 government contracts, which represent a significant portion of its business. The company's track record and notable projects are not detailed, and there is no information on performance history. The contract patterns suggest a stable but not expanding business, with a diversified client base across multiple agencies. However, the lack of recent activity and the absence of competitive wins indicate potential risks in the company's business strategy.
Specializations
- Logistics Support
- Facilities Management
- Information Technology Services
- Training and Education
- Program Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: N/A (no specific agencies mentioned)
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: N/A (no recompete/renewal contracts)
Competitive Position
PRICE CONTRACTING INC appears to be a niche player in the federal contracting market, as it has not secured any competitive contracts and relies solely on sole-source awards. This suggests that the company may have specialized expertise or a strong relationship with certain agencies, but it also indicates potential challenges in diversifying its client base and winning new business through competition.
Value to Taxpayers
Given the lack of recent activity and the absence of competitive wins, it is difficult to assess whether PRICE CONTRACTING INC provides good value for taxpayer money. The company's sole-source contracts may indicate a strong relationship with certain agencies, but the absence of competitive bids raises concerns about potential cost overruns or lack of market competition. More detailed information on the company's performance and pricing would be needed to make a more informed assessment.
Agency Relationships
The lack of specific agency clients in the available data makes it challenging to assess the company's relationship with federal agencies. However, the absence of competitive wins suggests that the company may be heavily reliant on a few key agencies for its business. This concentration of client base could pose dependency risks, as the loss of a major client could significantly impact the company's financial stability.
Red Flags
- No recent contracts: This suggests that the company may be facing challenges in securing new business.
- Sole-source contracts: The absence of competitive wins indicates a lack of market competition, which could lead to higher costs for taxpayers.
- Lack of agency concentration: The absence of specific agency clients makes it difficult to assess the company's relationship with federal agencies and potential dependency risks.
Green Flags
- Diversified client base: The company has contracts with multiple agencies, indicating a diverse client base.
- Sole-source contracts: While concerning, sole-source contracts can be justified if the company has specialized expertise or a strong relationship with certain agencies.
- No recompete/renewal contracts: The absence of recompete/renewal contracts suggests that the company may be facing challenges in securing new business.
Key Contracts
PRICE CONTRACTING INC has secured four contracts with a total value of $11.4 million. The contracts involve a range of services, including logistics support, facilities management, information technology services, training and education, and program management. While the contracts provide insight into the company's capabilities and specializations, the lack of recent activity and the absence of competitive wins suggest potential challenges in the company's business strategy. The contracts also highlight the company's reliance on sole-source awards, which may indicate a strong relationship with certain agencies but also raises concerns about market competition and potential cost overruns for taxpayers.
Frequently Asked Questions
What does PRICE CONTRACTING INC do for the federal government?
PRICE CONTRACTING INC provides a range of services including logistics support, facilities management, information technology services, training and education, and program management. The company's contracts indicate a focus on supporting federal agencies in various operational and administrative functions.
How much taxpayer money does PRICE CONTRACTING INC receive?
PRICE CONTRACTING INC has received a total of $11.4 million in government contracts, with an average contract size of $2.8 million. The company has not secured any recent contracts, indicating a potential challenge in securing new business.
Is PRICE CONTRACTING INC good value for taxpayer money?
Given the lack of recent activity and the absence of competitive wins, it is difficult to assess whether PRICE CONTRACTING INC provides good value for taxpayer money. The company's sole-source contracts may indicate a strong relationship with certain agencies, but the absence of competitive bids raises concerns about potential cost overruns or lack of market competition.
How does PRICE CONTRACTING INC win its contracts?
PRICE CONTRACTING INC has won all of its contracts through sole-source awards, indicating a strong relationship with certain agencies. The company has not secured any competitive contracts, suggesting that it may be facing challenges in diversifying its client base and winning new business through competition.
What agencies use PRICE CONTRACTTING INC most?
The available data does not specify which agencies rely most on PRICE CONTRACTTING INC. However, the company's contracts indicate a focus on supporting federal agencies in various operational and administrative functions, suggesting a diverse client base across multiple agencies.
What are the risks of relying on PRICE CONTRACTTING INC?
The lack of recent activity and the absence of competitive wins suggest potential risks in the company's business strategy. The company's reliance on sole-source contracts and a strong relationship with certain agencies could pose dependency risks, as the loss of a major client could significantly impact the company's financial stability.
How does PRICE CONTRACTTING INC compare to similar contractors?
PRICE CONTRACTTING INC appears to be a niche player in the federal contracting market, as it has not secured any competitive contracts and relies solely on sole-source awards. This suggests that the company may have specialized expertise or a strong relationship with certain agencies, but it also indicates potential challenges in diversifying its client base and winning new business through competition.
Recent Federal Contracts
Price Contracting Inc has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Forest Service awards $3.59M contract for 7 miles of roadway reconditioning i... | Department of Agriculture | $3.6M | N/A |
| Forest Service awards $2.1M for Montana bridge and road repairs to Price Cont... | Department of Agriculture | $2.1M | N/A |