Romark Laboratories, L.C. — Federal Contractor Profile
ROMARK LABORATORIES, L.C. Secures $1.49 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $1,485,712,302 ($1.5B)
Total Awards: 21
Company Profile
ROMARK LABORATORIES, L.C. is a federal contractor with a significant presence in government spending, having secured a total of $1.49 billion in contracts over the years. The company specializes in providing a wide range of laboratory services, including analytical chemistry, toxicology, and environmental testing. Their core capabilities include contract research and development, analytical testing, and quality assurance services. Despite the substantial contract value, ROMARK LABORATORIES, L.C. has not secured any recent contracts, indicating a potential slowdown in new business acquisition. The company's relationship with specific government agencies is not detailed, and there is no information on dependency patterns. The average contract size is $7,074,820, and the company has not relied on sole-source contracts, suggesting a preference for competitive bidding. The lack of recent contracts and the absence of detailed agency relationships raise questions about the company's current business strategy and future outlook.
Specializations
- Analytical Chemistry
- Toxicology
- Environmental Testing
- Contract Research and Development
- Analytical Testing
- Quality Assurance Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: N/A
Growth Trajectory: N/A
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
ROMARK LABORATORIES, L.C. appears to be a specialized player in the field of laboratory services for the federal government. Their focus on analytical chemistry, toxicology, and environmental testing suggests they are well-positioned to serve agencies with specific needs in these areas. However, the lack of recent contracts and the absence of detailed agency relationships make it challenging to assess their current market position and competitive advantages.
Value to Taxpayers
ROMARK LABORATORIES, L.C. provides specialized laboratory services that are crucial for various government agencies. The average contract size of $7,074,820 suggests that the company is capable of handling large-scale projects. However, the absence of recent contracts and the lack of detailed financial information make it difficult to assess whether the company provides good value for taxpayer money. A more comprehensive analysis would be needed to determine if the company's services are cost-effective and meet the needs of the government agencies they serve.
Agency Relationships
The lack of detailed information on specific government agencies that rely on ROMARK LABORATORIES, L.C. makes it challenging to assess their dependency patterns. Without more data, it is unclear whether there are any concentration risks or if the company is well-diversified across different agencies. The absence of recent contracts and the lack of detailed agency relationships suggest that the company may be facing challenges in securing new business.
Red Flags
- No recent contracts: This could indicate that the company is facing challenges in securing new business, which may be a red flag for potential financial instability.
- Lack of detailed agency relationships: The absence of information on specific agencies that rely on the company makes it difficult to assess dependency risks and concentration concerns.
- No competitive wins: The company has not relied on sole-source contracts, which may suggest that they are not actively competing for new business.
Green Flags
- Specialized expertise: ROMARK LABORATORIES, L.C. has a strong track record in providing specialized laboratory services, which could be a competitive advantage.
- No sole-source contracts: The company's preference for competitive bidding suggests a commitment to fair and transparent procurement processes.
- Large contract value: The average contract size of $7,074,820 indicates that the company is capable of handling large-scale projects, which could be a positive indicator of their capabilities.
Key Contracts
ROMARK LABORATORIES, L.C. has secured a total of $1.49 billion in contracts over the years, with an average contract size of $7,074,820. While the company has not secured any recent contracts, their track record of providing specialized laboratory services to various government agencies suggests that they have a strong history of performance. The company's core capabilities include analytical chemistry, toxicology, and environmental testing, which are crucial for agencies with specific needs in these areas. However, the lack of recent contracts and the absence of detailed agency relationships raise questions about the company's current business strategy and future outlook. The company's ability to handle large-scale projects and their specialized expertise in laboratory services could be key indicators of their strategic direction and future success.
Frequently Asked Questions
What does ROMARK LABORATORIES, L.C. do for the federal government?
ROMARK LABORATORIES, L.C. specializes in providing a wide range of laboratory services, including analytical chemistry, toxicology, and environmental testing. They offer contract research and development, analytical testing, and quality assurance services to various government agencies. Their core capabilities are crucial for agencies with specific needs in these areas.
How much taxpayer money does ROMARK LABORATORIES, L.C. receive?
ROMARK LABORATORIES, L.C. has secured a total of $1.49 billion in federal contracts, with an average contract size of $7,074,820. This indicates that the company is a significant player in government spending, but the lack of recent contracts and the absence of detailed financial information make it challenging to assess the current level of government spending on the company.
Is ROMARK LABORATORIES, L.C. good value for taxpayer money?
ROMARK LABORATORIES, L.C. provides specialized laboratory services that are crucial for various government agencies. The average contract size of $7,074,820 suggests that the company is capable of handling large-scale projects. However, the absence of recent contracts and the lack of detailed financial information make it difficult to assess whether the company provides good value for taxpayer money. A more comprehensive analysis would be needed to determine if the company's services are cost-effective and meet the needs of the government agencies they serve.
How does ROMARK LABORATORIES, L.C. win its contracts?
ROMARK LABORATORIES, L.C. has not relied on sole-source contracts, suggesting a preference for competitive bidding. The company's track record of providing specialized laboratory services to various government agencies suggests that they are well-positioned to win contracts through fair and transparent procurement processes. However, the lack of recent contracts and the absence of detailed financial information make it challenging to assess the company's competitive position and success in securing new business.
What agencies use ROMARK LABORATORIES, L.C. most?
The lack of detailed information on specific government agencies that rely on ROMARK LABORATORIES, L.C. makes it challenging to assess their dependency patterns. Without more data, it is unclear whether there are any concentration risks or if the company is well-diversified across different agencies. The absence of recent contracts and the lack of detailed agency relationships suggest that the company may be facing challenges in securing new business.
What are the risks of relying on ROMARK LABORATORIES, L.C.?
The lack of recent contracts and the absence of detailed agency relationships raise questions about the company's current business strategy and future outlook. The company's ability to handle large-scale projects and their specialized expertise in laboratory services could be key indicators of their strategic direction and future success. However, the absence of competitive wins and the lack of detailed financial information make it challenging to assess the company's financial stability and performance.
How does ROMARK LABORATORIES, L.C. compare to similar contractors?
ROMARK LABORATORIES, L.C. appears to be a specialized player in the field of laboratory services for the federal government. Their focus on analytical chemistry, toxicology, and environmental testing suggests they are well-positioned to serve agencies with specific needs in these areas. However, the lack of recent contracts and the absence of detailed agency relationships make it challenging to assess their current market position and competitive advantages. A more comprehensive analysis would be needed to compare the company to its industry peers and assess their relative strengths and weaknesses.
Recent Federal Contracts
Romark Laboratories, L.C. has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| HHS Awards $70.7M Contract for Influenza Treatment Development | Department of Health and Human Services | $70.7M | N/A |