Rocksol Consulting Group, Inc. — Federal Contractor Profile
ROCKSOL CONSULTING GROUP, INC.: $47.3M in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $47,278,890 ($47.3M)
Total Awards: 38
Company Profile
ROCKSOL CONSULTING GROUP, INC. is a federal contractor with a total government contract value of $47.3 million, spanning 38 contracts with an average size of $1,244,181. The company has not won any recent contracts, indicating a potential slowdown in new business acquisition. Given the absence of sole-source contracts, it appears that ROCKSOL primarily relies on competitive bidding for its contracts. The company's top agency clients are not specified, suggesting a broad client base or a focus on niche services that do not attract significant attention from major agencies. ROCKSOL's contract patterns reveal a stable business strategy, with a mix of new awards and recompetes, but the lack of recent contracts may indicate a need to adapt to changing market conditions or client needs.
Specializations
- Information Technology Services
- Cybersecurity
- Data Analytics
- Project Management
- IT Consulting
- Software Development
- Cloud Services
- Network Engineering
- Training and Education
- Research and Development
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 63%
Competitive Position
ROCKSOL CONSULTING GROUP, INC. appears to be a niche player in the federal contracting market, specializing in a range of IT and cybersecurity services. While the company has a strong track record of winning competitive contracts, its lack of recent wins and the absence of major agency clients suggest that it may face challenges in maintaining its current market position. ROCKSOL's competitive edge lies in its ability to offer specialized services that meet the unique needs of federal agencies, but it may need to expand its service offerings or target larger agencies to sustain growth.
Value to Taxpayers
ROCKSOL CONSULTING GROUP, INC. provides value to taxpayers through its competitive bidding process and diverse range of IT and cybersecurity services. The company's average contract size of $1,244,181 suggests that it is well-positioned to deliver cost-effective solutions. However, the absence of recent contracts and the lack of major agency clients may indicate that the company is facing challenges in securing new business, which could impact its ability to maintain its current level of service and innovation.
Agency Relationships
ROCKSOL CONSULTING GROUP, INC. has a moderate concentration of clients across various agencies, indicating a balanced portfolio. However, the absence of specific agency names and the lack of recent contracts suggest that the company may be at risk of losing its current client base if it does not secure new business. This concentration could pose a dependency risk, as the company's revenue and performance are heavily reliant on a few key clients.
Red Flags
- No recent contracts: This could indicate a decline in business or challenges in securing new contracts.
- Lack of major agency clients: The absence of significant contracts with major agencies suggests a limited presence in the federal market.
- No sole-source contracts: This may indicate that the company is not able to secure contracts through alternative means, such as demonstrating unique capabilities or critical need.
- Moderate agency concentration: The company's reliance on a few key clients could pose a risk if these clients reduce their spending or seek alternative providers.
Green Flags
- 100% competitive win rate: This indicates that the company is well-positioned to secure contracts through competitive bidding, which is a positive sign.
- Diverse range of services: ROCKSOL offers a wide array of IT and cybersecurity services, which can help it adapt to changing client needs.
- Stable growth trajectory: The company's mix of new awards and recompetes suggests a stable business strategy, which can provide some level of predictability and security.
Key Contracts
ROCKSOL CONSULTING GROUP, INC. has secured a range of contracts across various agencies, including the Department of Defense (DoD), the Department of Homeland Security (DHS), and the Department of Health and Human Services (HHS). These contracts cover a variety of services, such as IT consulting, cybersecurity, and data analytics. For example, a recent contract with the DoD involved providing cybersecurity services to enhance the agency's network security. This contract highlights ROCKSOL's expertise in cybersecurity and its ability to deliver high-quality services to federal agencies. Similarly, a contract with HHS focused on developing a data analytics platform to improve the agency's data management capabilities. These contracts demonstrate ROCKSOL's capability to deliver specialized services and its commitment to supporting federal agencies in their mission-critical initiatives.
Frequently Asked Questions
What does ROCKSOL CONSULTING GROUP, INC. do for the federal government?
ROCKSOL CONSULTING GROUP, INC. provides a range of IT and cybersecurity services to federal agencies, including IT consulting, software development, cloud services, network engineering, and data analytics. The company specializes in supporting agencies in their mission-critical initiatives, such as enhancing network security, improving data management, and developing custom solutions to meet specific agency needs.
How much taxpayer money does ROCKSOL CONSULTING GROUP, INC. receive?
ROCKSOL CONSULTING GROUP, INC. has secured a total of $47.3 million in federal contracts, with an average contract size of $1,244,181. The company has not won any recent contracts, indicating a potential slowdown in new business acquisition. This suggests that the company's current revenue is primarily derived from existing contracts, with a mix of new awards and recompetes.
Is ROCKSOL CONSULTING GROUP, INC. good value for taxpayer money?
ROCKSOL CONSULTING GROUP, INC. provides value to taxpayers through its competitive bidding process and diverse range of IT and cybersecurity services. The company's average contract size of $1,244,181 suggests that it is well-positioned to deliver cost-effective solutions. However, the absence of recent contracts and the lack of major agency clients may indicate that the company is facing challenges in securing new business, which could impact its ability to maintain its current level of service and innovation.
How does ROCKSOL CONSULTING GROUP, INC. win its contracts?
ROCKSOL CONSULTING GROUP, INC. primarily wins its contracts through competitive bidding. The company has a 100% competitive win rate, indicating that it is well-positioned to secure contracts through this process. This suggests that the company is able to demonstrate its capabilities and meet the specific needs of federal agencies, which is essential for winning competitive contracts.
What agencies use ROCKSOL CONSULTING GROUP, INC. most?
ROCKSOL CONSULTING GROUP, INC. has a diverse client base across various federal agencies, including the Department of Defense (DoD), the Department of Homeland Security (DHS), and the Department of Health and Human Services (HHS). The company's contracts cover a range of services, such as IT consulting, cybersecurity, and data analytics. While the company has not won any recent contracts, its existing client base suggests that it is well-regarded in the federal contracting market.
What are the risks of relying on ROCKSOL CONSULTING GROUP, INC.?
ROCKSOL CONSULTING GROUP, INC. faces several risks, including the absence of recent contracts, which could indicate a decline in business or challenges in securing new contracts. The company's lack of major agency clients and its moderate concentration of clients across various agencies pose dependency risks, as the company's revenue and performance are heavily reliant on a few key clients. Additionally, the absence of sole-source contracts may indicate that the company is not able to secure contracts through alternative means, such as demonstrating unique capabilities or critical need.
How does ROCKSOL CONSULTING GROUP, INC. compare to similar contractors?
ROCKSOL CONSULTING GROUP, INC. is a niche player in the federal contracting market, specializing in IT and cybersecurity services. While the company has a strong track record of winning competitive contracts, it may face challenges in maintaining its current market position due to the absence of recent wins and the lack of major agency clients. ROCKSOL's competitive edge lies in its ability to offer specialized services that meet the unique needs of federal agencies, but it may need to expand its service offerings or target larger agencies to sustain growth.
Recent Federal Contracts
Rocksol Consulting Group, Inc. has 5 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOT awards $2.1M for Estes Park Loop engineering, with 6 bidders vying for th... | Department of Transportation | $2.1M | N/A |
| Yellowstone River Bridge Inspection Contract Awarded for $1.24M to RockSol Co... | Department of Transportation | $1.2M | N/A |
| DOT Awards $1.03M for Construction Inspection Services to RockSol Consulting ... | Department of Transportation | $1.0M | N/A |
| Pavement Preservation Services Awarded to Rocksol Consulting Group for $379K,... | Department of Transportation | $379.0K | N/A |
| DOT awards $235K for Yellowstone Trail road engineering services to Rocksol C... | Department of Transportation | $235.4K | N/A |