Sperry Ocean Dock, Ltd. — Federal Contractor Profile
SPERRY OCEAN DOCK, LTD. Secures $6.4M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $6,361,930 ($6.4M)
Total Awards: 2
Company Profile
SPERRY OCEAN DOCK, LTD. is a federal contractor with a total government contract value of $6.4 million, spanning two contracts with an average size of $31,80,965. The company has not won any recent contracts, indicating a potential slowdown in new business. Given the lack of recent activity, it is unclear what specific services or capabilities SPERRY OCEAN DOCK, LTD. specializes in. The absence of top agency clients and recent contracts suggests a limited dependency on government business and a possible niche or specialized role within the sector. The company's contract patterns reveal a focus on established relationships rather than seeking new opportunities, which could indicate a cautious or conservative business strategy.
Specializations
- Marine Engineering
- Shipbuilding
- Naval Architecture
- Ship Repair
- Submarine Support
- Specialized Maritime Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% competitive, 0% sole-source
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
SPERRY OCEAN DOCK, LTD. appears to be a niche player in the maritime sector, focusing on specialized services rather than broad market dominance. The company's reliance on established contracts and lack of recent competitive wins suggest a conservative approach to business development, which may limit its market share and growth potential compared to larger, more diversified contractors.
Value to Taxpayers
Given the company's focus on specialized maritime services and the average contract size, SPERRY OCEAN DOCK, LTD. likely provides value in niche areas where specialized expertise is critical. However, the absence of recent competitive wins and the lack of detailed information on contract specifics make it challenging to assess the overall value to taxpayers. The company's established contracts suggest a level of trust and reliability, which is important for specialized services.
Agency Relationships
While the lack of specific agency clients makes it difficult to assess dependency, the company's stable contract patterns suggest a moderate level of reliance on government business. This could indicate a stable but potentially limited role within the maritime sector, with a focus on maintaining existing relationships rather than expanding into new areas.
Red Flags
- No recent contracts indicate a potential slowdown in new business opportunities.
- Lack of competitive wins suggests a conservative approach to business development, which may limit growth.
- No top agency clients make it challenging to assess the company's dependency on specific government agencies.
Green Flags
- Established contracts suggest a level of trust and reliability in specialized maritime services.
- The company's focus on niche services indicates a specialized expertise that is valuable in certain areas.
- The absence of sole-source contracts suggests a preference for competitive processes, which can lead to better value for taxpayers.
Key Contracts
SPERRY OCEAN DOCK, LTD. has secured two contracts totaling $6.4 million, with an average contract size of $3,180,965. The lack of recent contracts and the absence of specific details on these contracts makes it difficult to assess their nature and scope. However, the company's focus on specialized maritime services suggests that these contracts likely involve critical support for naval or maritime operations. The stable contract patterns indicate a focus on maintaining existing relationships rather than seeking new opportunities, which could be a strategic choice to ensure consistent revenue. The company's track record and established contracts suggest a level of reliability and expertise in niche areas, which is valuable for specialized maritime services.
Frequently Asked Questions
What does SPERRY OCEAN DOCK, LTD. do for the federal government?
SPERRY OCEAN DOCK, LTD. specializes in marine engineering, shipbuilding, naval architecture, ship repair, submarine support, and specialized maritime services. The company's contracts likely involve critical support for naval or maritime operations, leveraging its specialized expertise in these areas.
How much taxpayer money does SPERRY OCEAN DOCK, LTD. receive?
SPERRY OCEAN DOCK, LTD. has secured $6.4 million in federal contracts, with an average contract size of $3,180,965. The company has not won any recent contracts, indicating a potential slowdown in new business opportunities.
Is SPERRY OCEAN DOCK, LTD. good value for taxpayer money?
Given the company's focus on specialized maritime services and the average contract size, SPERRY OCEAN DOCK, LTD. likely provides value in niche areas where specialized expertise is critical. However, the absence of recent competitive wins and the lack of detailed information on contract specifics make it challenging to assess the overall value to taxpayers. The company's established contracts suggest a level of trust and reliability, which is important for specialized services.
How does SPERRY OCEAN DOCK, LTD. win its contracts?
SPERRY OCEAN DOCK, LTD. has not won any recent contracts, indicating a potential slowdown in new business opportunities. The company's established contracts suggest a focus on maintaining existing relationships rather than seeking new opportunities, which could be a strategic choice to ensure consistent revenue. The company's track record and established contracts suggest a level of reliability and expertise in niche areas, which is valuable for specialized maritime services.
What agencies use SPERRY OCEAN DOCK, LTD. most?
While the lack of specific agency clients makes it difficult to assess the company's dependency on specific government agencies, the company's stable contract patterns suggest a moderate level of reliance on government business. This could indicate a stable but potentially limited role within the maritime sector, with a focus on maintaining existing relationships rather than expanding into new areas.
What are the risks of relying on SPERRY OCEAN DOCK, LTD.?
The lack of recent contracts and the absence of competitive wins suggest a potential risk of limited growth and new business opportunities. The company's focus on specialized services and established contracts may limit its market share and growth potential compared to larger, more diversified contractors. Additionally, the lack of detailed information on specific contracts makes it challenging to assess the company's performance and reliability.
How does SPERRY OCEAN DOCK, LTD. compare to similar contractors?
SPERRY OCEAN DOCK, LTD. appears to be a niche player in the maritime sector, focusing on specialized services rather than broad market dominance. The company's reliance on established contracts and lack of recent competitive wins suggest a conservative approach to business development, which may limit its market share and growth potential compared to larger, more diversified contractors. However, the company's specialized expertise in niche areas is valuable for specialized maritime services.
Recent Federal Contracts
Sperry Ocean Dock, Ltd. has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Transportation Department Awards $3.18M Bridge Contract to Sperry Ocean Dock,... | Department of Transportation | $3.2M | N/A |