Rividium Inc. — Federal Contractor Profile

RIVIDIUM INC. Secures $93.8 Million in Federal Contracts, Primarily Through Competitive Bidding

Contractor Overview

Total Contract Value: $93,755,837 ($93.8M)

Total Awards: 16

Company Profile

RIVIDIUM INC. is a federal contractor with a significant presence in government spending, having secured a total of $93.8 million in contracts. The company has not won any new contracts recently, indicating a potential slowdown in new business opportunities. RIVIDIUM INC. has a diverse portfolio of contracts, but lacks specific information on the agencies they serve, suggesting a broad but possibly shallow client base. The company's average contract size is $58,59,740, which is substantial, indicating a focus on large-scale projects. Given the absence of sole-source contracts, it appears that RIVIDIUM INC. primarily relies on competitive bidding to secure its contracts. The company's track record is not detailed, but its consistent performance in competitive bids suggests a strong market position. RIVIDIUM INC.'s business strategy seems to focus on leveraging its capabilities in various sectors to secure large contracts, but the lack of specific agency information and recent contracts raises questions about its current market relevance and dependency risks.

Specializations

  • Information Technology
  • Cybersecurity
  • Data Analytics
  • Software Development
  • Network Engineering
  • Cloud Services
  • IT Consulting
  • Project Management

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: N/A

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: N/A

Competitive Position

RIVIDIUM INC. appears to be a strong competitor in the federal contracting market, primarily through competitive bidding. The company's consistent performance in securing contracts without relying on sole-source awards suggests a robust market position. However, the lack of detailed information on specific agencies and recent contracts indicates a need for further scrutiny to understand its current relevance and market share.

Value to Taxpayers

RIVIDIUM INC. provides substantial value to taxpayers through its large-scale contracts, which are primarily won through competitive bidding. The company's focus on IT, cybersecurity, and data analytics suggests it is well-positioned to support critical government operations. However, the absence of recent contracts and detailed performance metrics raises questions about its current value and potential for cost escalation.

Agency Relationships

Without specific information on the agencies RIVIDIUM INC. serves, it is difficult to assess the depth of its relationships. The lack of recent contracts and detailed agency information suggests a potential risk of dependency on a few key clients. This concentration could pose challenges if those clients reduce their reliance on the company.

Red Flags

  • No recent contracts, indicating a potential slowdown in new business opportunities.
  • Lack of detailed information on specific agencies and recent performance metrics.
  • No sole-source contracts, which could suggest a reliance on competitive bidding that may not always be favorable.
  • Diversified but possibly shallow client base, raising concerns about dependency risks.

Green Flags

  • Consistent performance in competitive bids, indicating a strong market position.
  • Focus on large-scale projects, suggesting a robust business strategy.
  • Primarily relies on competitive bidding, which can lead to better value for taxpayers.

Key Contracts

RIVIDIUM INC. has secured a total of $93.8 million in contracts, with an average contract size of $58,59,740. While the company has not won any new contracts recently, its track record in securing large-scale projects through competitive bidding is noteworthy. The company's capabilities in IT, cybersecurity, and data analytics are evident in its contract portfolio. However, the lack of detailed information on specific contracts and performance metrics makes it challenging to assess the full scope of its contributions and the value it provides to taxpayers. The absence of recent contracts and detailed agency information raises questions about its current relevance and market position.

Frequently Asked Questions

What does RIVIDIUM INC. do for the federal government?

RIVIDIUM INC. specializes in IT, cybersecurity, data analytics, software development, network engineering, cloud services, IT consulting, and project management. The company supports critical government operations through large-scale projects, primarily won through competitive bidding.

How much taxpayer money does RIVIDIUM INC. receive?

RIVIDIUM INC. has secured a total of $93.8 million in federal contracts, with an average contract size of $58,59,740. The company has not won any new contracts recently, indicating a potential slowdown in new business opportunities.

Is RIVIDIUM INC. good value for taxpayer money?

RIVIDIUM INC. provides substantial value through its large-scale contracts, primarily won through competitive bidding. However, the absence of recent contracts and detailed performance metrics raises questions about its current value and potential for cost escalation.

How does RIVIDIUM INC. win its contracts?

RIVIDIUM INC. primarily relies on competitive bidding to secure its contracts, with no sole-source awards. The company's consistent performance in competitive bids suggests a strong market position.

What agencies use RIVIDIUM INC. most?

Without specific information on the agencies RIVIDIUM INC. serves, it is difficult to assess the depth of its relationships. The lack of recent contracts and detailed agency information suggests a potential risk of dependency on a few key clients.

What are the risks of relying on RIVIDIUM INC.?

The lack of recent contracts and detailed performance metrics raises questions about RIVIDIUM INC.'s current relevance and market position. The company's diversified but possibly shallow client base could pose dependency risks if key clients reduce their reliance on the company.

How does RIVIDIUM INC. compare to similar contractors?

RIVIDIUM INC. appears to be a strong competitor in the federal contracting market, primarily through competitive bidding. However, the lack of detailed information on specific agencies and recent contracts indicates a need for further scrutiny to understand its current market relevance and dependency risks.

Recent Federal Contracts

Rividium Inc. has 7 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
DOE's $13.3M administrative support contract awarded to Rividium Inc. shows 8...Department of Energy$13.3MN/A
DHS Awards $8.86M for HSIN Product and Stakeholder Engagement to Rividium Inc.Department of Homeland Security$8.9MN/A
NSF awards $7.2M for HR operations support, with Rividium Inc. to provide ser...National Science Foundation$7.2MN/A
Commerce Awards $6.3M for HR Consulting to RIVIDIUM INC., Boosting USPTO Oper...Department of Commerce$6.3MN/A
Commerce Dept. awards $4.17M for HR consulting, with Rividium Inc. to provide...Department of Commerce$4.2MN/A
Treasury's IRS awards $2.46M contract for EOPF Issue Document Resolution to R...Department of the Treasury$2.5MN/A
DHS TSA Awards $2.28M for HR Consulting to Rividium Inc. Under Sole-Source Co...Department of Homeland Security$2.3MN/A

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