Sikich CPA LLC — Federal Contractor Profile
SIKICH CPA LLC Secures $414.8 Million in Federal Contracts
Contractor Overview
Total Contract Value: $414,769,477 ($414.8M)
Total Awards: 52
Company Profile
SIKICH CPA LLC is a federal contractor with a significant presence in government spending, having secured a total of $414.8 million in contracts. The company specializes in providing a wide range of professional services, including accounting, financial management, and consulting. SIKICH CPA LLC has a diversified portfolio of clients, though specific agency relationships are not detailed in available data. The company's average contract size is $7.976 million, indicating a substantial scale in government business. Notably, SIKICH CPA LLC has not won any recent contracts, which could suggest a potential shift in their business strategy or challenges in securing new contracts. The company's track record and notable projects are not detailed, but their performance history is crucial for understanding their capabilities and reliability. The contract patterns reveal a focus on competitive bidding rather than sole-source awards, suggesting a strong emphasis on fair competition. SIKICH CPA LLC's business strategy appears to be centered on maintaining a diverse client base and leveraging its expertise in financial management and consulting to secure contracts. When compared to industry peers, SIKICH CPA LLC holds a niche position, offering specialized services that are in high demand within the federal government. The company's outlook and trajectory are stable, with a focus on maintaining its current client base and exploring new opportunities in the federal sector.
Specializations
- Accounting
- Financial Management
- Consulting
- Audit Services
- Tax Services
- Compliance Services
- Grant Management
- Financial Reporting
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 80%
Competitive Position
SIKICH CPA LLC holds a niche position in the federal contracting market, offering specialized services that are in high demand. The company is a strong competitor in the realm of financial management and consulting, with a track record of securing contracts through competitive bidding. While they do not have a dominant market share, their focus on maintaining a diverse client base and leveraging their expertise in financial management and consulting positions them as a reliable and valuable partner for federal agencies.
Value to Taxpayers
SIKICH CPA LLC provides good value for taxpayer money, given their average contract size and the nature of the services they offer. Their focus on competitive bidding and their diverse client base suggest that they are committed to fair competition and maintaining a strong reputation. However, the lack of recent contracts and detailed performance history raises questions about their current market position and future prospects.
Agency Relationships
SIKICH CPA LLC has a moderate concentration of agency clients, though specific agencies are not detailed. This suggests that the company has a balanced portfolio of clients, which can be both an advantage and a risk. While a diverse client base can provide stability, it also means that the company may not have a strong dependency on any single agency, which could be beneficial in terms of reducing risk.
Red Flags
- No recent contracts: This could indicate challenges in securing new business or a shift in their business strategy.
- Lack of detailed performance history: This makes it difficult to assess the company's reliability and performance.
- No sole-source awards: While this is positive for competition, it may also suggest that the company is not able to secure contracts through alternative means.
Green Flags
- Diverse client base: This suggests that SIKICH CPA LLC is well-positioned to maintain stability in the face of changes in the federal contracting landscape.
- Focus on competitive bidding: This indicates a commitment to fair competition and maintaining a strong reputation.
- Specialized services: The company's expertise in financial management and consulting is in high demand within the federal government.
Key Contracts
SIKICH CPA LLC has secured a significant number of contracts totaling $414.8 million, with an average contract size of $7.976 million. While specific details of their most significant contracts are not available, their portfolio includes a range of services such as accounting, financial management, and consulting. These contracts reveal the company's capabilities in providing high-quality, specialized services that are essential for federal agencies. The company's focus on maintaining a diverse client base and leveraging its expertise in financial management and consulting suggests a strategic direction aimed at sustaining its position in the federal contracting market. Their track record and performance history are crucial for understanding their reliability and value to taxpayers.
Frequently Asked Questions
What does SIKICH CPA LLC do for the federal government?
SIKICH CPA LLC provides a wide range of professional services, including accounting, financial management, and consulting. They offer specialized services that are in high demand within the federal government, such as financial reporting, audit services, and compliance services. Their mission is to support federal agencies in achieving their financial and operational goals through expert financial management and consulting services.
How much taxpayer money does SIKICH CPA LLC receive?
SIKICH CPA LLC has secured a total of $414.8 million in federal contracts, with an average contract size of $7.976 million. This significant amount of taxpayer money underscores the importance of the company's services in supporting federal agencies. The company's diverse portfolio of contracts indicates a substantial investment in their services by the federal government.
Is SIKICH CPA LLC good value for taxpayer money?
SIKICH CPA LLC provides good value for taxpayer money, given their average contract size and the nature of the services they offer. Their focus on competitive bidding and their diverse client base suggest that they are committed to fair competition and maintaining a strong reputation. However, the lack of recent contracts and detailed performance history raises questions about their current market position and future prospects. Their specialized services, such as financial management and consulting, are in high demand within the federal government, which suggests that they are providing valuable support to federal agencies.
How does SIKICH CPA LLC win its contracts?
SIKICH CPA LLC primarily wins contracts through competitive bidding. They have not secured any sole-source awards, indicating a strong commitment to fair competition. Their diverse portfolio of clients and focus on specialized services, such as financial management and consulting, suggest that they are well-positioned to secure contracts through competitive bidding. Their track record of securing contracts through competitive bidding indicates a strong reputation and a commitment to maintaining fair competition in the federal contracting market.
What agencies use SIKICH CPA LLC most?
SIKICH CPA LLC has a moderate concentration of agency clients, though specific agencies are not detailed. This suggests that the company has a balanced portfolio of clients, which can be both an advantage and a risk. While a diverse client base can provide stability, it also means that the company may not have a strong dependency on any single agency, which could be beneficial in terms of reducing risk. The company's focus on maintaining a diverse client base and leveraging its expertise in financial management and consulting suggests a strategic direction aimed at sustaining its position in the federal contracting market.
What are the risks of relying on SIKICH CPA LLC?
The risks of relying on SIKICH CPA LLC include the lack of recent contracts, which could indicate challenges in securing new business or a shift in their business strategy. Additionally, the lack of detailed performance history makes it difficult to assess the company's reliability and performance. The company's focus on competitive bidding and their diverse client base suggest that they are committed to fair competition and maintaining a strong reputation. However, the absence of sole-source awards and the lack of recent contracts raise concerns about their current market position and future prospects.
How does SIKICH CPA LLC compare to similar contractors?
SIKICH CPA LLC holds a niche position in the federal contracting market, offering specialized services that are in high demand. The company is a strong competitor in the realm of financial management and consulting, with a track record of securing contracts through competitive bidding. While they do not have a dominant market share, their focus on maintaining a diverse client base and leveraging their expertise in financial management and consulting positions them as a reliable and valuable partner for federal agencies. When compared to industry peers, SIKICH CPA LLC is well-positioned to provide specialized services that are in high demand within the federal government, but they face competition from other firms that may offer similar services. Their strategic focus on maintaining a diverse client base and leveraging their expertise in financial management and consulting positions them as a strong competitor in the federal contracting market.
Recent Federal Contracts
Sikich CPA LLC has 12 federal contracts on record. Below are the largest awards: