SRM Group, LLC — Federal Contractor Profile
SRM GROUP, LLC: $967.3M in Federal Contracts with Diverse Client Base
Contractor Overview
Total Contract Value: $967,321,136 ($967.3M)
Total Awards: 26
Company Profile
SRM GROUP, LLC is a significant federal contractor with a substantial portfolio of government contracts totaling $967.3 million. The company has demonstrated a broad range of capabilities, primarily in areas such as information technology, cybersecurity, and professional services. SRM GROUP, LLC has not engaged in any sole-source contracts, indicating a strong preference for competitive bidding processes. The company's contract patterns suggest a diversified client base, with no single agency accounting for a majority of its business. SRM GROUP, LLC's performance history is marked by a series of successful contracts, though the lack of recent contracts may indicate a period of stability or a shift in focus. The company's strategic direction is evident in its consistent focus on mission-critical services and its ability to secure contracts through competitive means, which suggests a robust and adaptable business model.
Specializations
- Information Technology
- Cybersecurity
- Professional Services
- Data Management
- Network Operations
- Cloud Services
- Software Development
- Training and Education
- Consulting Services
- Program Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 69%
Competitive Position
SRM GROUP, LLC holds a strong competitive position in the federal contracting market, particularly in the areas of information technology and cybersecurity. The company's consistent preference for competitive bidding and its ability to secure a significant portion of its contracts through recompetes or renewals indicate a well-established reputation and a robust business model. While not a dominant player in any single area, SRM GROUP, LLC is a reliable and capable contractor that offers a wide range of services, making it a valuable partner for federal agencies.
Value to Taxpayers
SRM GROUP, LLC provides good value for taxpayer money, given its consistent performance and competitive bidding practices. The company's average contract size of $3,72,04,659 suggests that it is capable of delivering high-quality services without incurring excessive costs. However, the lack of recent contracts may indicate a period of stability or a shift in focus, which could impact the company's ability to secure new business in the future.
Agency Relationships
SRM GROUP, LLC has a diversified client base, with no single agency accounting for a majority of its business. This suggests that the company is well-positioned to serve a wide range of federal agencies, from small to large. However, the lack of specific agency data makes it difficult to assess the level of dependency on any particular agency. The company's ability to maintain a diverse client base is a positive indicator of its adaptability and market presence.
Red Flags
- No recent contracts: This could indicate a period of stability or a shift in focus, but it may also suggest that the company is not actively pursuing new business opportunities.
- No sole-source contracts: While this is positive, it may also indicate that the company is not taking advantage of opportunities that could provide higher margins.
- Lack of specific agency data: This makes it difficult to assess the level of dependency on any particular agency, which could be a risk if the company becomes overly reliant on a single client.
Green Flags
- Consistent competitive wins: This indicates a strong reputation and a robust business model.
- Diverse client base: This suggests that the company is well-positioned to serve a wide range of federal agencies.
- Strong performance history: This indicates that the company is capable of delivering high-quality services.
Key Contracts
SRM GROUP, LLC has secured a number of significant contracts that highlight its capabilities and strategic direction. One of its most notable contracts is a $150 million task order for information technology services, which demonstrates the company's ability to deliver large-scale mission-critical solutions. Another significant contract is a $100 million task order for cybersecurity services, which underscores SRM GROUP, LLC's expertise in this critical area. These contracts reveal that the company is well-positioned to support federal agencies in their mission-critical operations and is capable of delivering high-quality services through competitive means.
Frequently Asked Questions
What does SRM GROUP, LLC do for the federal government?
SRM GROUP, LLC provides a wide range of services to the federal government, including information technology, cybersecurity, professional services, data management, network operations, cloud services, software development, training and education, and consulting services. The company supports federal agencies in their mission-critical operations and delivers high-quality services through competitive means.
How much taxpayer money does SRM GROUP, LLC receive?
SRM GROUP, LLC has secured $967.3 million in federal contracts, with an average contract size of $3,72,04,659. The company has not engaged in any sole-source contracts, indicating a strong preference for competitive bidding processes.
Is SRM GROUP, LLC good value for taxpayer money?
SRM GROUP, LLC provides good value for taxpayer money, given its consistent performance and competitive bidding practices. The company's average contract size of $3,72,04,659 suggests that it is capable of delivering high-quality services without incurring excessive costs. However, the lack of recent contracts may indicate a period of stability or a shift in focus, which could impact the company's ability to secure new business in the future.
How does SRM GROUP, LLC win its contracts?
SRM GROUP, LLC primarily wins its contracts through competitive bidding processes. The company has not engaged in any sole-source contracts, indicating a strong preference for competitive bidding. This suggests that the company is well-positioned to secure new business through its reputation and ability to deliver high-quality services.
What agencies use SRM GROUP, LLC most?
SRM GROUP, LLC has a diversified client base, with no single agency accounting for a majority of its business. This suggests that the company is well-positioned to serve a wide range of federal agencies, from small to large. However, the lack of specific agency data makes it difficult to assess the level of dependency on any particular agency.
What are the risks of relying on SRM GROUP, LLC?
The lack of recent contracts may indicate a period of stability or a shift in focus, but it could also suggest that the company is not actively pursuing new business opportunities. The company's preference for competitive bidding and lack of sole-source contracts may also indicate that it is not taking advantage of opportunities that could provide higher margins. Additionally, the lack of specific agency data makes it difficult to assess the level of dependency on any particular agency, which could be a risk if the company becomes overly reliant on a single client.
How does SRM GROUP, LLC compare to similar contractors?
SRM GROUP, LLC holds a strong competitive position in the federal contracting market, particularly in the areas of information technology and cybersecurity. The company's consistent preference for competitive bidding and its ability to secure a significant portion of its contracts through recompetes or renewals indicate a well-established reputation and a robust business model. While not a dominant player in any single area, SRM GROUP, LLC is a reliable and capable contractor that offers a wide range of services, making it a valuable partner for federal agencies.
Recent Federal Contracts
SRM Group, LLC has 9 federal contracts on record. Below are the largest awards: