Silver BAY Seafoods, L.L.C. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $39,562,195 ($39.6M)

Total Awards: 4

Company Profile

Silver Bay Seafoods, L.L.C. is a seafood supplier that has secured a total of $39.6 million in government contracts, primarily through competitive means. The company has not won any sole-source contracts, indicating a strong reliance on competitive bidding processes. With an average contract size of $9.89 million, the company has a significant presence in the federal contracting market. However, the lack of recent contracts and the absence of specific agency clients suggest a potentially unstable or niche market focus. The company's track record and notable projects are limited, but its consistent competitive wins and diverse contract sizes indicate a robust business strategy. Compared to industry peers, Silver Bay Seafoods, L.L.C. appears to be a niche player in the seafood supply sector, with a focus on competitive bidding and a diverse client base. The company's future trajectory is stable, but its dependency on a few key contracts and the lack of recent activity raise concerns about its long-term sustainability.

Specializations

• Seafood supply
• Fish and shellfish procurement
• Cold storage and transportation
• Quality assurance and inspection
• Logistics and distribution

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: N/A

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: N/A

Competitive Position

Silver Bay Seafoods, L.L.C. is a niche player in the seafood supply sector, known for its strong performance in competitive bidding processes. The company's consistent track record of winning contracts through competition suggests a solid reputation and competitive advantages in the market. However, its lack of significant recent contracts and the absence of specific agency clients indicate that the company may face challenges in maintaining its market position without a more diverse portfolio.

Value to Taxpayers

Silver Bay Seafoods, L.L.C. provides good value for taxpayer money, given its consistent competitive wins and diverse contract sizes. The company's focus on competitive bidding processes and its ability to secure contracts through fair and transparent means suggest that it is a reliable and cost-effective supplier. However, the lack of recent contracts and the absence of specific agency clients may indicate potential risks in terms of long-term sustainability and market dependency.

Agency Relationships

The lack of specific agency clients and recent contracts suggests that Silver Bay Seafoods, L.L.C. may have a limited dependency on a few key agencies. This could pose risks if those agencies reduce their reliance on the company or if the company fails to secure new contracts. The company's diverse contract sizes and competitive bidding history indicate a broader client base, which could mitigate some of these risks.

Red Flags

• Lack of recent contracts: The absence of recent contracts may indicate instability or challenges in securing new business.
• No specific agency clients: The company's limited dependency on a few key agencies could pose risks if those agencies reduce their reliance on the company.
• No notable projects: The lack of significant projects or performance history may raise concerns about the company's capabilities and reliability.

Green Flags

• Consistent competitive wins: The company's strong performance in competitive bidding processes suggests a solid reputation and competitive advantages.
• Diverse contract sizes: The company's ability to secure contracts of varying sizes indicates a robust business strategy and diverse client base.
• Niche market focus: The company's specialization in seafood supply and logistics suggests a focused and potentially profitable niche market.

Key Contracts

Silver Bay Seafoods, L.L.C. has secured a total of $39.6 million in government contracts, primarily through competitive means. The company's diverse contract sizes and focus on competitive bidding processes indicate a robust business strategy. However, the lack of recent contracts and the absence of specific agency clients suggest potential risks in terms of long-term sustainability and market dependency. The company's track record and notable projects are limited, but its consistent competitive wins and diverse contract sizes reveal a strong performance and strategic direction. The company's future trajectory is stable, but its dependency on a few key contracts and the lack of recent activity raise concerns about its long-term sustainability.

Frequently Asked Questions

Recent Federal Contracts

Silver BAY Seafoods, L.L.C. has 2 federal contracts on record. Below are the largest awards:

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