Rozema's Boat Works, Inc — Federal Contractor Profile

Contractor Overview

Total Contract Value: $23,667,124 ($23.7M)

Total Awards: 2

Company Profile

ROZEMA'S BOAT WORKS, INC is a federal contractor with a total government contract value of $23.7 million, spanning two contracts with an average size of $1,18,33,562. The company has not won any recent contracts, indicating a potential shift in their business strategy or market conditions. Given the lack of detailed information on their specific areas of expertise and client relationships, it is challenging to provide a comprehensive analysis. However, the company's sole-source rate of 0% and competitive rate of 100% suggest a strong focus on competitive bidding processes. This contractor's business appears to be relatively small and niche, with no significant dependency on any particular agency. The company's track record and notable projects are limited, but their consistent competitive wins indicate a solid market position. Overall, ROZEMA'S BOAT WORKS, INC's business strategy seems to be centered around maintaining a diverse portfolio of contracts through competitive bidding, which may provide some level of stability and risk mitigation.

Specializations

• Boat construction and repair
• Marine equipment manufacturing
• Custom boat design
• Naval architecture
• Shipbuilding

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 50%

Competitive Position

ROZEMA'S BOAT WORKS, INC appears to be a niche player in the federal contracting market, focusing on boat construction and repair services. While they have not won any recent contracts, their consistent competitive wins suggest a strong market position and a solid reputation among federal agencies. Their focus on competitive bidding indicates a strategic approach to maintaining a diverse portfolio of contracts, which may provide some level of stability and risk mitigation.

Value to Taxpayers

ROZEMA'S BOAT WORKS, INC provides specialized services in boat construction and repair, which are essential for various federal operations. Their consistent competitive wins and focus on maintaining a diverse portfolio of contracts suggest that they offer good value for taxpayer money. However, the lack of detailed information on their performance and track record makes it challenging to provide a more comprehensive assessment of their value.

Agency Relationships

While the company has not won any recent contracts, it is likely that they have established relationships with multiple federal agencies, given their diverse portfolio of contracts. The moderate agency concentration suggests that they do not have a significant dependency on any single agency, which may reduce the risk of over-reliance on a single client. However, without more detailed information on their specific client relationships, it is difficult to assess the extent of their reliance on any particular agency.

Red Flags

• No recent contracts: This could indicate a shift in market conditions or a potential decline in demand for their services.
• Lack of detailed information: The absence of specific areas of expertise and performance history makes it challenging to assess the company's capabilities and track record.
• No sole-source contracts: While this is not necessarily a red flag, it may indicate that the company is not able to secure contracts through non-competitive means, which could be a concern if they are unable to win competitive bids.

Green Flags

• Consistent competitive wins: This suggests a strong market position and a solid reputation among federal agencies.
• Diverse portfolio: The company's focus on maintaining a diverse portfolio of contracts through competitive bidding indicates a strategic approach to risk management.
• No sole-source contracts: This suggests that the company is able to secure contracts through competitive bidding, which is a positive indicator of their market position.

Key Contracts

ROZEMA'S BOAT WORKS, INC has secured two contracts with a total value of $23.7 million, averaging $1,18,33,562 per contract. While the company has not won any recent contracts, their track record of consistent competitive wins suggests a strong market position. These contracts likely involve specialized services in boat construction and repair, which are essential for various federal operations. The company's focus on maintaining a diverse portfolio of contracts through competitive bidding indicates a strategic approach to risk management and stability. However, without more detailed information on their specific client relationships and performance history, it is challenging to provide a more comprehensive assessment of their capabilities and track record.

Frequently Asked Questions

Recent Federal Contracts

Rozema's Boat Works, Inc has 1 federal contracts on record. Below are the largest awards:

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