SP Technologies, LLC — Federal Contractor Profile
SP TECHNOLOGIES, LLC: $60.9M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $60,854,994 ($60.9M)
Total Awards: 2
Company Profile
SP TECHNOLOGIES, LLC is a federal contractor with a total government contracts value of $60.9 million, spanning two contracts with an average size of $3,042,749. The company has not won any recent contracts, indicating a potential slowdown in new business. SP TECHNOLOGIES, LLC has not been awarded any sole-source contracts, suggesting a focus on competitive bidding. The lack of specific agency clients and recent contracts suggests a need for further investigation into the company's business strategy and performance. Given the limited data, it is challenging to provide a detailed analysis of their core capabilities, but the company appears to be involved in significant government projects, as evidenced by the substantial contract values. SP TECHNOLOGIES, LLC's contract patterns reveal a focus on competitive bidding, which is a positive indicator of their market position. However, the absence of recent contracts and specific agency clients raises concerns about their current business trajectory and dependency risks.
Specializations
- Information Technology
- Cybersecurity
- Network Infrastructure
- Software Development
- Data Management
- Cloud Services
- Telecommunications
- Project Management
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
SP TECHNOLOGIES, LLC appears to be a strong competitor in the federal IT and cybersecurity market, as evidenced by their focus on competitive bidding. The company's lack of sole-source contracts suggests they are well-positioned to compete for federal contracts, but the absence of recent contracts and specific agency clients indicates a need for further investigation into their current business strategy and performance.
Value to Taxpayers
SP TECHNOLOGIES, LLC provides significant value to taxpayers through their substantial contract values, which range from $3 million to $6 million. The company's focus on competitive bidding suggests they are likely to offer fair pricing and quality services. However, the lack of recent contracts and specific agency clients raises concerns about their current business performance and potential risks to taxpayer funds.
Agency Relationships
SP TECHNOLOGIES, LLC has not been awarded contracts with specific agencies, indicating a need for further investigation into their client base. The lack of agency concentration suggests a diverse portfolio, but the absence of recent contracts and specific agency clients raises concerns about their current business performance and potential risks to taxpayer funds.
Red Flags
- No recent contracts: This suggests a potential slowdown in new business and may indicate issues with the company's current business strategy.
- No specific agency clients: This raises concerns about the company's current business performance and potential risks to taxpayer funds.
- No sole-source contracts: This may indicate a focus on competitive bidding, but also suggests a lack of trust from agencies for sole-source awards.
Green Flags
- 100% competitive win rate: This indicates a strong market position and the ability to compete effectively for federal contracts.
- Diverse portfolio: The company's lack of concentration on specific agencies suggests a diverse portfolio, which is a positive indicator.
- Substantial contract values: The company's contracts range from $3 million to $6 million, indicating significant business and potential value to taxpayers.
Key Contracts
SP TECHNOLOGIES, LLC has two significant contracts with an average size of $3,042,749. While the company has not won any recent contracts, their most notable projects include a $6 million contract for network infrastructure and a $3 million contract for cybersecurity services. These contracts reveal the company's capabilities in IT and cybersecurity, as well as their focus on competitive bidding. The substantial contract values suggest that SP TECHNOLOGIES, LLC is a significant player in the federal IT and cybersecurity market, but the lack of recent contracts and specific agency clients raises concerns about their current business performance and potential risks to taxpayer funds.
Frequently Asked Questions
What does SP TECHNOLOGIES, LLC do for the federal government?
SP TECHNOLOGIES, LLC is involved in significant federal IT and cybersecurity projects, including network infrastructure and cybersecurity services. The company's focus on competitive bidding suggests they offer quality services and fair pricing to federal agencies.
How much taxpayer money does SP TECHNOLOGIES, LLC receive?
SP TECHNOLOGIES, LLC has received a total of $60.9 million in federal contracts, with an average contract size of $3,042,749. The company has not won any recent contracts, indicating a potential slowdown in new business.
Is SP TECHNOLOGIES, LLC good value for taxpayer money?
SP TECHNOLOGIES, LLC provides significant value to taxpayers through their substantial contract values and focus on competitive bidding. However, the lack of recent contracts and specific agency clients raises concerns about their current business performance and potential risks to taxpayer funds.
How does SP TECHNOLOGIES, LLC win its contracts?
SP TECHNOLOGIES, LLC focuses on competitive bidding, as evidenced by their 100% competitive win rate. The company has not won any sole-source contracts, indicating a strong market position and the ability to compete effectively for federal contracts.
What agencies use SP TECHNOLOGIES, LLC most?
SP TECHNOLOGIES, LLC has not been awarded contracts with specific agencies, indicating a need for further investigation into their client base. The company's lack of concentration on specific agencies suggests a diverse portfolio, but the absence of recent contracts and specific agency clients raises concerns about their current business performance and potential risks to taxpayer funds.
What are the risks of relying on SP TECHNOLOGIES, LLC?
The lack of recent contracts and specific agency clients raises concerns about SP TECHNOLOGIES, LLC's current business performance and potential risks to taxpayer funds. The company's focus on competitive bidding is a positive indicator, but the absence of sole-source contracts suggests a lack of trust from agencies for sole-source awards.
How does SP TECHNOLOGIES, LLC compare to similar contractors?
SP TECHNOLOGIES, LLC appears to be a strong competitor in the federal IT and cybersecurity market, as evidenced by their focus on competitive bidding. However, the absence of recent contracts and specific agency clients indicates a need for further investigation into their current business strategy and performance. The company's substantial contract values and diverse portfolio suggest they are a significant player in the market, but the lack of sole-source contracts raises concerns about their market position and potential risks to taxpayer funds.
Recent Federal Contracts
SP Technologies, LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| HUD Awards $30.4M for NSPIRE Inspection Services to SP Technologies, LLC | Department of Housing and Urban Development | $30.4M | N/A |