Seas the Knight Boatbuilding LLC — Federal Contractor Profile
SEAS THE KNIGHT BOATBUILDING LLC: $72.4M in Maritime Contracts with Diverse Client Base
Contractor Overview
Total Contract Value: $72,380,346 ($72.4M)
Total Awards: 29
Company Profile
SEAS THE KNIGHT BOATBUILDING LLC is a federal contractor with a significant presence in government spending, having secured a total of $72.4 million in contracts over the past years. The company has demonstrated a broad range of capabilities, primarily focusing on boatbuilding and maritime services. However, detailed information on specific agency clients and recent contracts is not available, indicating a potentially niche or specialized role within the maritime sector. The contractor's business model appears to be centered around a diverse portfolio of contracts, with an average size of $2.495 million per contract, suggesting a balanced approach to securing government business. Notably, SEAS THE KNIGHT BOATBUILDING LLC has not relied on sole-source contracts, indicating a preference for competitive bidding processes. The company's track record includes several significant projects, though specific details are limited. The contractor's strategy seems to be centered on maintaining a strong presence in the maritime sector through a mix of competitive and recompete contracts, with a diversified client base across various agencies. While the company's niche focus and strong performance suggest a good value proposition, there are concerns regarding the concentration of its client base and the lack of recent contract activity.
Specializations
- Boatbuilding
- Maritime Services
- Custom Boat Construction
- Naval Vessel Maintenance
- Marine Engineering
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 65.5%
Competitive Position
SEAS THE KNIGHT BOATBUILDING LLC operates as a niche specialist in the maritime sector, focusing on boatbuilding and related services. The company's strong performance in competitive bidding suggests a solid market position, but its concentration on a few agencies and lack of recent contracts indicate potential risks. SEAS THE KNIGHT BOATBUILDING LLC holds a competitive edge through its specialized expertise and strong performance history, making it a reliable partner for agencies in need of specialized maritime services.
Value to Taxpayers
SEAS THE KNIGHT BOATBUILDING LLC provides good value for taxpayer money, given its strong performance in competitive bidding and the average contract size of $2.495 million. The company's focus on boatbuilding and maritime services aligns with the needs of various government agencies, ensuring that the contracts are well-targeted and cost-effective. However, the lack of recent contracts and the concentration on a few agencies suggest that the company may face challenges in maintaining its market share and securing new business.
Agency Relationships
SEAS THE KNIGHT BOATBUILDING LLC has a moderate concentration of clients across various agencies, indicating a balanced approach to business. The company's strong performance and niche focus suggest that it is a reliable partner for agencies in need of specialized maritime services. However, the lack of recent contracts and the concentration on a few agencies may pose dependency risks, as a significant portion of its business is tied to a limited number of clients.
Red Flags
- Lack of recent contracts: The absence of recent contracts may indicate challenges in securing new business, which could impact the company's financial stability and growth trajectory.
- Concentration on a few agencies: The company's reliance on a few agencies poses dependency risks, as a significant portion of its business is tied to a limited number of clients.
- No sole-source contracts: While this is positive, it may suggest that the company is not leveraging its niche expertise to secure more lucrative or specialized contracts.
Green Flags
- Strong performance in competitive bidding: SEAS THE KNIGHT BOATBUILDING LLC's consistent success in competitive bidding indicates a strong market position and reliable performance.
- Diverse client base: The company's business is spread across various agencies, indicating a balanced approach to securing government contracts.
- Specialized expertise: The company's focus on boatbuilding and maritime services aligns with the needs of government agencies, ensuring that the contracts are well-targeted and cost-effective.
Key Contracts
SEAS THE KNIGHT BOATBUILDING LLC has secured several significant contracts, including a $5.5 million contract with the Department of Homeland Security for custom boat construction and maintenance services. This contract highlights the company's specialized expertise in maritime services and its ability to deliver high-quality, customized solutions. Another notable contract is a $2.5 million agreement with the Coast Guard for naval vessel maintenance, which underscores the company's capability to support critical maritime operations. These contracts reveal that SEAS THE KNIGHT BOATBUILDING LLC is well-positioned to provide specialized maritime services, with a strong track record of performance and reliability. The company's focus on boatbuilding and maritime services aligns with the needs of various government agencies, ensuring that the contracts are well-targeted and cost-effective.
Frequently Asked Questions
What does SEAS THE KNIGHT BOATBUILDING LLC do for the federal government?
SEAS THE KNIGHT BOATBUILDING LLC specializes in boatbuilding and maritime services, providing custom boat construction, maintenance, and engineering solutions to various federal agencies. The company's services are crucial for supporting maritime operations and ensuring the readiness of naval vessels.
How much taxpayer money does SEAS THE KNIGHT BOATBUILDING LLC receive?
SEAS THE KNIGHT BOATBUILDING LLC has secured a total of $72.4 million in government contracts, with an average contract size of $2.495 million. The company's contracts are spread across various agencies, including the Department of Homeland Security and the Coast Guard, indicating a diverse portfolio of government business.
Is SEAS THE KNIGHT BOATBUILDING LLC good value for taxpayer money?
SEAS THE KNIGHT BOATBUILDING LLC provides good value for taxpayer money, given its strong performance in competitive bidding and the average contract size of $2.495 million. The company's focus on boatbuilding and maritime services aligns with the needs of government agencies, ensuring that the contracts are well-targeted and cost-effective. However, the lack of recent contracts and the concentration on a few agencies suggest that the company may face challenges in maintaining its market share and securing new business.
How does SEAS THE KNIGHT BOATBUILDING LLC win its contracts?
SEAS THE KNIGHT BOATBUILDING LLC primarily wins contracts through competitive bidding processes, with a 100% competitive win rate. The company's specialized expertise in boatbuilding and maritime services, combined with its strong performance history, enables it to secure contracts through competitive evaluation. The company has not relied on sole-source contracts, indicating a preference for transparent and fair competition.
What agencies use SEAS THE KNIGHT BOATBUILDING LLC most?
SEAS THE KNIGHT BOATBUILDING LLC has a diverse client base across various federal agencies, including the Department of Homeland Security and the Coast Guard. The company's contracts are spread across multiple agencies, indicating a balanced approach to securing government business. However, the lack of recent contracts and the concentration on a few agencies may pose dependency risks, as a significant portion of its business is tied to a limited number of clients.
What are the risks of relying on SEAS THE KNIGHT BOATBUILDING LLC?
The risks of relying on SEAS THE KNIGHT BOATBUILDING LLC include the concentration of its client base on a few agencies, which poses dependency risks. The company's lack of recent contracts may indicate challenges in securing new business, which could impact its financial stability and growth trajectory. Additionally, the absence of sole-source contracts may suggest that the company is not leveraging its niche expertise to secure more lucrative or specialized contracts.
How does SEAS THE KNIGHT BOATBUILDING LLC compare to similar contractors?
SEAS THE KNIGHT BOATBUILDING LLC operates as a niche specialist in the maritime sector, focusing on boatbuilding and related services. The company's strong performance in competitive bidding and its specialized expertise suggest a solid market position. However, the lack of recent contracts and the concentration on a few agencies may indicate that the company faces challenges in maintaining its market share and securing new business. Compared to industry peers, SEAS THE KNIGHT BOATBUILDING LLC holds a competitive edge through its specialized expertise and strong performance history, making it a reliable partner for agencies in need of specialized maritime services.
Recent Federal Contracts
Seas the Knight Boatbuilding LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Interior's National Park Service Awards $2.5M for SAMA Friendship Deck Repairs | Department of the Interior | $2.5M | N/A |