Riomar Group Ventures, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $9,108,797 ($9.1M)

Total Awards: 4

Company Profile

RIOMAR GROUP VENTURES, INC. is a federal contractor with a total government contract value of $9.1 million, spanning across four contracts. The company's average contract size is $2,277,199, indicating a moderate scale of government business. Notably, RIOMAR GROUP VENTURES, INC. has not secured any recent contracts, suggesting a potential slowdown or shift in their business strategy. The contractor has not engaged in any sole-source contracts, which is unusual for a company of its size, and there are no specific agency clients mentioned, indicating a diversified client base or a lack of significant relationships with major agencies. RIOMAR GROUP VENTURES, INC. specializes in areas such as logistics, information technology, and professional services, which are critical for federal operations. Their track record, while limited, suggests a focus on providing essential support services to the government. The company's contract patterns reveal a strategy of seeking competitive contracts, which is a positive indicator of their market positioning. However, the lack of recent contracts and the absence of significant agency relationships raise concerns about their current business trajectory and market competitiveness.

Specializations

• Logistics
• Information Technology
• Professional Services
• Cybersecurity
• Training and Education

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

RIOMAR GROUP VENTURES, INC. appears to be a niche player in the federal contracting market, focusing on providing essential support services such as logistics, IT, and professional services. While the company has not secured any recent contracts, their consistent reliance on competitive contracts suggests they are well-positioned to win future awards. However, the lack of significant agency relationships and recent activity raises questions about their current market competitiveness and ability to secure new contracts.

Value to Taxpayers

RIOMAR GROUP VENTURES, INC. provides essential support services to the federal government, which are critical for maintaining operational efficiency. Their average contract size of $2,277,199 suggests that they are not a large player in the market, but their focus on competitive contracts indicates that they are able to offer services at competitive rates. However, the absence of recent contracts and the lack of significant agency relationships may indicate that they are not fully leveraging their capabilities to provide value to taxpayers.

Agency Relationships

RIOMAR GROUP VENTURES, INC. does not have any specific agency clients mentioned, which suggests a diversified client base or a lack of significant relationships with major agencies. This could be a risk if the company is overly reliant on a few key clients, as it may limit their ability to secure new contracts and diversify their revenue streams.

Red Flags

• No recent contracts: The lack of recent activity suggests that the company may be facing challenges in securing new contracts, which could impact their ability to sustain their business.
• No significant agency relationships: The absence of specific agency clients indicates a lack of strong partnerships with major federal agencies, which could be a risk if the company is overly reliant on a few key clients.
• Diversified client base: While a diversified client base is generally positive, the lack of significant agency relationships could indicate that the company is not fully leveraging its capabilities to secure new contracts.

Green Flags

• Consistent competitive wins: The company's focus on competitive contracts suggests that they are well-positioned to win future awards, which is a positive indicator of their market competitiveness.
• Niche specialization: RIOMAR GROUP VENTURES, INC. focuses on providing essential support services such as logistics, IT, and professional services, which are critical for federal operations.
• Diverse contract types: The company's contract types, including logistics, IT, and professional services, indicate a diverse range of capabilities, which can be beneficial for securing a variety of contracts.

Key Contracts

RIOMAR GROUP VENTURES, INC. has secured four contracts totaling $9.1 million, with an average contract size of $2,277,199. While the company has not secured any recent contracts, their track record suggests a focus on providing essential support services to the federal government. The contracts cover a range of areas, including logistics, IT, and professional services, which are critical for maintaining operational efficiency. The lack of significant agency relationships and recent activity raises concerns about the company's current business trajectory and market competitiveness. However, their consistent reliance on competitive contracts indicates that they are well-positioned to win future awards, which is a positive indicator of their market competitiveness.

Frequently Asked Questions

Recent Federal Contracts

Riomar Group Ventures, Inc. has 2 federal contracts on record. Below are the largest awards:

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