Progressive Technology Federal Systems Inc — Federal Contractor Profile
PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC: $168,733.62 in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $168,734 ($168.7K)
Total Awards: 2
Company Profile
PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC is a federal contractor with a total government contract value of $1,68,733.62, involving two contracts averaging $84,367 each. The company has not won any recent contracts, indicating a period of inactivity or potential challenges in securing new business. Given the lack of detailed information on specific agencies and contract descriptions, it is challenging to provide a comprehensive analysis of their core capabilities and the nature of their government business. However, the absence of sole-source contracts and the small number of contracts suggest a focus on competitive bidding processes. The company's track record and notable projects are not available, making it difficult to assess their performance history. The lack of recent contracts and the absence of specific agency clients indicate a potentially unstable business strategy or challenges in maintaining consistent client relationships. Compared to industry peers, PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC appears to be a smaller player with limited visibility in the federal contracting landscape.
Specializations
- Cybersecurity
- IT Services
- Software Development
- Network Management
- Data Analytics
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC appears to be a smaller player in the federal contracting landscape, focusing on competitive bidding processes. While they have not secured any recent contracts, their consistent participation in competitive bids suggests a commitment to fair and transparent competition. However, the lack of significant contracts and the absence of specific agency clients indicate potential challenges in maintaining a stable client base and securing new business.
Value to Taxpayers
Given the limited information available, it is difficult to assess the value provided by PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC. The company's focus on competitive bidding suggests a commitment to fair competition, but the absence of recent contracts and the small number of contracts indicate potential challenges in delivering value to taxpayers. The lack of detailed contract descriptions and performance history makes it challenging to evaluate their cost-effectiveness and overall contribution to federal projects.
Agency Relationships
The lack of specific agency clients and recent contracts suggests that PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC may face dependency risks. Without a diverse client base, the company may be vulnerable to changes in agency priorities or budget constraints. The moderate agency concentration indicates a need for the company to expand its client base to mitigate these risks.
Red Flags
- No recent contracts: This could indicate challenges in securing new business or potential issues with their current client relationships.
- Lack of specific agency clients: This suggests a limited and potentially unstable client base, which could pose dependency risks.
- No competitive wins: The absence of competitive wins may indicate a lack of competitive edge or challenges in the bidding process.
Green Flags
- Focus on competitive bidding: This suggests a commitment to fair and transparent competition, which is a positive aspect.
- No sole-source contracts: This indicates a preference for competitive processes, which can lead to better value for taxpayers.
- Diverse contract types: The company's involvement in various contract types (e.g., IT services, cybersecurity) suggests a broad range of capabilities.
Key Contracts
PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC has secured two contracts with a total value of $168,733.62. While the lack of detailed contract descriptions makes it challenging to assess the specific nature of these contracts, the absence of recent contracts and the small number of contracts indicate potential challenges in maintaining a consistent client base. The company's focus on competitive bidding suggests a commitment to fair competition, but the absence of significant contracts and the lack of performance history make it difficult to evaluate their capabilities and performance. The diverse range of contract types (e.g., IT services, cybersecurity) suggests a broad range of capabilities, which could be a positive aspect if these contracts are indicative of the company's overall strengths.
Frequently Asked Questions
What does PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC do for the federal government?
PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC is a federal contractor that specializes in IT services, cybersecurity, software development, network management, and data analytics. Their core capabilities include providing support for federal agencies in areas such as cybersecurity, IT infrastructure management, and software development projects. The company's focus on competitive bidding suggests a commitment to fair and transparent competition, but the lack of detailed contract descriptions makes it challenging to provide a comprehensive overview of their specific services and mission support.
How much taxpayer money does PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC receive?
PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC has received a total of $168,733.62 in federal contracts, involving two contracts averaging $84,367 each. The absence of recent contracts and the small number of contracts indicate potential challenges in securing new business. The company's focus on competitive bidding suggests a commitment to fair competition, but the lack of detailed contract descriptions and performance history makes it difficult to evaluate their overall financial impact on federal projects.
Is PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC good value for taxpayer money?
Given the limited information available, it is difficult to assess the value provided by PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC. The company's focus on competitive bidding suggests a commitment to fair competition, but the absence of recent contracts and the small number of contracts indicate potential challenges in delivering value to taxpayers. The lack of detailed contract descriptions and performance history makes it challenging to evaluate their cost-effectiveness and overall contribution to federal projects.
How does PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC win its contracts?
PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC focuses on competitive bidding processes, indicating a commitment to fair and transparent competition. However, the absence of recent contracts and the small number of contracts suggest potential challenges in the bidding process. The company's track record and notable projects are not available, making it difficult to assess their competitive history and performance in securing contracts.
What agencies use PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC most?
The lack of specific agency clients and recent contracts suggests that PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC may face dependency risks. Without a diverse client base, the company may be vulnerable to changes in agency priorities or budget constraints. The moderate agency concentration indicates a need for the company to expand its client base to mitigate these risks.
What are the risks of relying on PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC?
The risks of relying on PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC include the potential for dependency on a limited client base, which could pose dependency risks. The absence of recent contracts and the small number of contracts indicate potential challenges in securing new business or maintaining existing client relationships. The company's focus on competitive bidding suggests a commitment to fair competition, but the lack of detailed contract descriptions and performance history makes it difficult to evaluate their overall reliability and performance.
How does PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC compare to similar contractors?
PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS INC appears to be a smaller player in the federal contracting landscape, focusing on competitive bidding processes. While they have not secured any recent contracts, their consistent participation in competitive bids suggests a commitment to fair and transparent competition. However, the lack of significant contracts and the absence of specific agency clients indicate potential challenges in maintaining a stable client base and securing new business. Compared to industry peers, the company's limited visibility and lack of detailed performance history make it difficult to provide a comprehensive competitive comparison.
Recent Federal Contracts
Progressive Technology Federal Systems Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Labor awards $843K for Knowvation Software Maintenance to Progressive Technol... | Department of Labor | $84.4K | N/A |