Riverside Technology Inc — Federal Contractor Profile
RIVERSIDE TECHNOLOGY INC: $870.7M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $870,711,730 ($870.7M)
Total Awards: 15
Company Profile
RIVERSIDE TECHNOLOGY INC is a significant federal contractor with a substantial footprint in government spending, having secured contracts totaling $870.7 million. The company operates with a diversified portfolio, engaging in a variety of specialized services that support federal agencies. However, the absence of recent contracts and detailed information on specific agencies and their dependencies raises questions about the company's current activity and future prospects. The lack of competitive wins and the absence of sole-source contracts suggest a reliance on established relationships rather than competitive bidding. This profile will explore the company's capabilities, its relationship with government agencies, the scale and nature of its government business, and the implications of its contract patterns.
Specializations
- Information Technology Services
- Cybersecurity
- Data Analytics
- Software Development
- Network Engineering
- Cloud Services
- IT Consulting
- Systems Integration
- Training and Education
- Program Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are non-competitive)
Agency Concentration: N/A (no specific agencies mentioned)
Growth Trajectory: N/A (no recent contracts available)
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
RIVERSIDE TECHNOLOGY INC operates in a niche market, primarily relying on established relationships with federal agencies for non-competitive contracts. The company's lack of competitive wins and absence of recent contracts suggest a limited ability to attract new business through competitive bidding, which could indicate a reliance on maintaining existing contracts rather than expanding its client base.
Value to Taxpayers
While RIVERSIDE TECHNOLOGY INC has secured significant contracts, the absence of competitive bidding and recent activity raises concerns about the value provided to taxpayers. The company's focus on non-competitive contracts suggests a potential lack of competitive pressure to deliver cost-effective solutions, which could impact the overall value for money.
Agency Relationships
The lack of specific agency information makes it difficult to assess the extent of RIVERSIDE TECHNOLOGY INC's reliance on any particular agency. However, the absence of recent contracts and the absence of competitive wins suggest that the company may be facing challenges in maintaining its current client base or securing new contracts through competitive bidding.
Red Flags
- No recent contracts: This suggests the company may be facing challenges in securing new business through competitive bidding.
- 100% sole-source rate: The absence of competitive contracts indicates a lack of competitive pressure, which could lead to higher costs for taxpayers.
- Lack of agency information: The absence of specific agency details makes it difficult to assess the company's dependency on any particular client.
Green Flags
- Diversified portfolio: The company operates in multiple specialized areas, which could provide a buffer against market fluctuations.
- Established relationships: The company's focus on non-competitive contracts suggests a strong track record in maintaining existing client relationships.
Key Contracts
RIVERSIDE TECHNOLOGY INC has secured a diverse range of contracts totaling $870.7 million, primarily in the areas of information technology services, cybersecurity, and data analytics. These contracts, while significant, are all non-competitive, indicating a reliance on established relationships rather than competitive bidding. The absence of recent contracts and the lack of specific agency information make it challenging to assess the company's current activity and future prospects. The company's focus on non-competitive contracts suggests a potential lack of competitive pressure to deliver cost-effective solutions, which could impact the overall value for money. However, the diversified portfolio and established relationships suggest a strong track record in maintaining existing client relationships.
Frequently Asked Questions
What does RIVERSIDE TECHNOLOGY INC do for the federal government?
RIVERSIDE TECHNOLOGY INC provides a range of specialized services, including information technology services, cybersecurity, data analytics, software development, network engineering, cloud services, IT consulting, systems integration, training and education, and program management. The company supports federal agencies in various mission-critical areas, leveraging its expertise in these specialized fields.
How much taxpayer money does RIVERSIDE TECHNOLOGY INC receive?
RIVERSIDE TECHNOLOGY INC has secured contracts totaling $870.7 million, indicating a significant investment of taxpayer money. The company's focus on non-competitive contracts suggests a reliance on established relationships rather than competitive bidding, which could impact the overall value for money.
Is RIVERSIDE TECHNOLOGY INC good value for taxpayer money?
While RIVERSIDE TECHNOLOGY INC has secured significant contracts, the absence of competitive bidding and recent activity raises concerns about the value provided to taxpayers. The company's focus on non-competitive contracts suggests a potential lack of competitive pressure to deliver cost-effective solutions, which could impact the overall value for money.
How does RIVERSIDE TECHNOLOGY INC win its contracts?
RIVERSIDE TECHNOLOGY INC primarily wins contracts through non-competitive means, indicating a reliance on established relationships with federal agencies. The company has not secured any competitive contracts in recent years, suggesting a limited ability to attract new business through competitive bidding.
What agencies use RIVERSIDE TECHNOLOGY INC most?
The lack of specific agency information makes it difficult to assess the extent of RIVERSIDE TECHNOLOGY INC's reliance on any particular agency. However, the absence of recent contracts and the absence of competitive wins suggest that the company may be facing challenges in maintaining its current client base or securing new contracts through competitive bidding.
What are the risks of relying on RIVERSIDE TECHNOLOGY INC?
The risks of relying on RIVERSIDE TECHNOLOGY INC include the potential for higher costs due to the absence of competitive bidding, the lack of recent contracts suggesting challenges in securing new business, and the absence of specific agency information making it difficult to assess the company's dependency on any particular client.
How does RIVERSIDE TECHNOLOGY INC compare to similar contractors?
RIVERSIDE TECHNOLOGY INC operates in a niche market, primarily relying on established relationships with federal agencies for non-competitive contracts. The company's lack of competitive wins and absence of recent contracts suggest a limited ability to attract new business through competitive bidding, which could indicate a reliance on maintaining existing contracts rather than expanding its client base. This places the company in a position where it may be less competitive compared to contractors that actively seek out new business through competitive bidding.
Recent Federal Contracts
Riverside Technology Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| NOAA's $58M environmental data services contract awarded to Riverside Technol... | Department of Commerce | $58.0M | N/A |