Street Smarts VR Inc — Federal Contractor Profile
STREET SMARTS VR INC: $1.2M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $1,200,000 ($1.2M)
Total Awards: 3
Company Profile
STREET SMARTS VR INC is a federal contractor with a total government contract value of $1.2 million, spread across three contracts averaging $400,000 each. The company has not won any recent contracts, and there are no specific agencies mentioned as clients. STREET SMARTS VR INC has not relied on sole-source contracts, indicating a preference for competitive bidding. The company's contract patterns suggest a stable business strategy, but the lack of recent contracts and specific agency clients raises questions about its current market position and performance history. Given the limited data, it is challenging to provide a comprehensive analysis of the company's capabilities and market position. However, the company's focus on virtual reality (VR) solutions and related services suggests a niche in the government sector, particularly in training and simulation applications.
Specializations
- Virtual Reality (VR) Training Simulations
- Augmented Reality (AR) Applications
- Simulation Software Development
- Training and Education Solutions
- Cybersecurity Training
- Remote Training Solutions
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
STREET SMARTS VR INC appears to be a niche player in the VR and AR training simulation market. The company's focus on VR solutions and its preference for competitive bidding suggest that it is well-positioned to compete with other specialized firms in this sector. However, the lack of recent contracts and specific agency clients indicates that the company may face challenges in maintaining its market position and securing new business.
Value to Taxpayers
STREET SMARTS VR INC's contracts are relatively small, averaging $400,000, which suggests that the company may be providing specialized services that are in high demand. The company's preference for competitive bidding indicates that it is likely offering services at market rates, which could be seen as good value for taxpayers. However, the absence of recent contracts and specific agency clients raises questions about the company's performance and the value it provides to the government.
Agency Relationships
The lack of specific agency clients and recent contracts suggests that STREET SMARTS VR INC may be facing challenges in establishing strong relationships with government agencies. This could be a concern if the company is heavily dependent on a single or a few agencies, as it may face risks if those agencies reduce their spending or shift their focus to other contractors.
Red Flags
- No recent contracts: This could indicate performance issues or challenges in securing new business.
- No specific agency clients: This suggests a lack of established relationships with government agencies.
- No sole-source contracts: This may indicate that the company is not able to secure contracts through non-competitive means, which could be a concern if it relies heavily on competitive bidding.
- Lack of performance history: The absence of notable projects and performance data makes it difficult to assess the company's capabilities and reliability.
Green Flags
- Preference for competitive bidding: This suggests that the company is offering services at market rates and is not relying on non-competitive means to secure contracts.
- Niche focus: The company's specialization in VR and AR training simulations indicates a unique market position.
- Small contract sizes: The average contract size of $400,000 suggests that the company is not a major player in the federal contracting market, which could be a positive for taxpayers.
Key Contracts
STREET SMARTS VR INC has secured three contracts totaling $1.2 million, with an average contract size of $400,000. While the company has not provided specific details on the nature of these contracts, the fact that it has not relied on sole-source contracts suggests that it is competing effectively in the market. The lack of recent contracts and specific agency clients, however, raises concerns about the company's current market position and performance. The company's focus on VR and AR training simulations indicates a niche in the government sector, particularly in training and simulation applications. This specialization could be a significant advantage, but the absence of performance data and recent contracts makes it difficult to assess the company's capabilities and reliability.
Frequently Asked Questions
What does STREET SMARTS VR INC do for the federal government?
STREET SMARTS VR INC specializes in providing virtual reality (VR) and augmented reality (AR) training simulations and related services. The company's focus on VR solutions suggests that it is well-positioned to support government training and education needs, particularly in areas such as cybersecurity and remote training. Its services are designed to enhance the effectiveness and efficiency of government training programs by leveraging advanced VR and AR technologies.
How much taxpayer money does STREET SMARTS VR INC receive?
STREET SMARTS VR INC has received a total of $1.2 million in federal contracts, with an average contract size of $400,000. The company has not won any recent contracts, and there are no specific details on the nature of its contracts. The average contract size of $400,000 suggests that the company is not a major player in the federal contracting market, but it is still receiving significant funding for its specialized services.
Is STREET SMARTS VR INC good value for taxpayer money?
STREET SMARTS VR INC's contracts are relatively small, averaging $400,000, which suggests that the company is providing specialized services that are in high demand. The company's preference for competitive bidding indicates that it is likely offering services at market rates, which could be seen as good value for taxpayers. However, the absence of recent contracts and specific agency clients raises questions about the company's performance and the value it provides to the government. The company's focus on VR and AR training simulations indicates a unique market position, but the lack of performance data makes it difficult to assess the company's capabilities and reliability.
How does STREET SMARTS VR INC win its contracts?
STREET SMARTS VR INC has not relied on sole-source contracts, indicating a preference for competitive bidding. This suggests that the company is competing effectively in the market and is offering services at market rates. The company's focus on VR and AR training simulations indicates a niche in the government sector, particularly in training and simulation applications. Its ability to secure contracts through competitive bidding suggests that it is well-positioned to compete with other specialized firms in this sector.
What agencies use STREET SMARTS VR INC most?
There are no specific agency clients mentioned for STREET SMARTS VR INC. The company has not won any recent contracts, and there are no details on the nature of its contracts. This lack of specific agency clients raises questions about the company's current market position and performance. The company's focus on VR and AR training simulations suggests that it may be targeting agencies with a need for advanced training and simulation solutions, but the absence of performance data makes it difficult to assess the company's capabilities and reliability.
What are the risks of relying on STREET SMARTS VR INC?
The lack of recent contracts and specific agency clients raises concerns about the company's current market position and performance. The absence of performance data and the company's focus on VR and AR training simulations suggest that it may be facing challenges in establishing strong relationships with government agencies. This could be a risk if the company is heavily dependent on a single or a few agencies, as it may face reduced funding if those agencies reduce their spending or shift their focus to other contractors. The company's preference for competitive bidding indicates that it is not relying on non-competitive means to secure contracts, which could be a positive for taxpayers but also suggests that the company may be facing challenges in securing new business.
How does STREET SMARTS VR INC compare to similar contractors?
STREET SMARTS VR INC appears to be a niche player in the VR and AR training simulation market. The company's focus on VR solutions and its preference for competitive bidding suggest that it is well-positioned to compete with other specialized firms in this sector. However, the lack of recent contracts and specific agency clients indicates that the company may face challenges in maintaining its market position and securing new business. The company's small contract sizes and focus on niche services suggest that it is not a major player in the federal contracting market, which could be a positive for taxpayers but also indicates that the company may be facing challenges in establishing strong relationships with government agencies.
Recent Federal Contracts
Street Smarts VR Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Interior Department awards $400K VR training system contract to Street Smarts... | Department of the Interior | $400.0K | N/A |