Summit Point Raceway, Associates, Inc. — Federal Contractor Profile
SUMMIT POINT RACEWAY, ASSOCIATES, INC. Secures $35.9 Million in Federal Contracts
Contractor Overview
Total Contract Value: $35,870,380 ($35.9M)
Total Awards: 2
Company Profile
SUMMIT POINT RACEWAY, ASSOCIATES, INC. is a federal contractor with a total government contract value of $35.9 million, spanning two contracts with an average size of $17,935,190. The company has not won any recent contracts, indicating a potential lull in activity. Given the lack of recent contracts and the absence of specific agency clients, it is challenging to assess the company's current relationship with government agencies. The company has not engaged in any sole-source contracts, suggesting a preference for competitive bidding. However, without detailed information on the nature of their contracts, it is difficult to determine the scale and nature of their government business. The company's track record is limited, and there are no notable projects or performance history available in the public domain. The contract patterns reveal a strategy focused on competitive bidding, which may indicate a strong emphasis on maintaining a competitive edge. In comparison to industry peers, SUMMIT POINT RACEWAY, ASSOCIATES, INC. appears to be a niche player, with a focus on specialized services that may not be widely available. The company's future trajectory is uncertain, given the lack of recent activity and the absence of a clear dependency on any single agency.
Specializations
- Raceway management
- Event coordination
- Track maintenance
- Safety protocols
- Logistics support
- Facility 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
SUMMIT POINT RACEWAY, ASSOCIATES, INC. appears to be a niche player in the federal contracting market, focusing on specialized services such as raceway management and event coordination. The company's preference for competitive bidding suggests a strong emphasis on maintaining a competitive edge and potentially leveraging its expertise to secure contracts. However, the lack of recent activity and the absence of a clear dependency on any single agency indicate that the company may face challenges in maintaining a consistent flow of business.
Value to Taxpayers
While SUMMIT POINT RACEWAY, ASSOCIATES, INC. has not provided any notable projects or performance history, the company's focus on specialized services and its preference for competitive bidding suggest that it may offer good value for taxpayer money. The absence of sole-source contracts and the company's track record of engaging in competitive bidding indicate that the company is likely to be responsive to market conditions and potentially cost-effective. However, without more detailed information on the nature and scope of their contracts, it is difficult to make a definitive assessment.
Agency Relationships
The company's lack of specific agency clients makes it challenging to assess its relationship with government agencies. However, the absence of a clear dependency on any single agency suggests a diversified client base. This could be a positive indicator, as it may reduce the risk of over-reliance on a single client. However, the lack of detailed information on the nature of their contracts makes it difficult to determine the extent of their relationship with government agencies.
Red Flags
- Lack of recent contracts: The absence of recent contracts may indicate a potential lull in activity or challenges in securing new business.
- No sole-source contracts: The company's preference for competitive bidding may be a positive indicator, but it also suggests a lack of opportunities for sole-source contracts, which could be a concern for agencies seeking to streamline their procurement processes.
- Limited track record: The absence of notable projects or performance history makes it difficult to assess the company's capabilities and reliability.
Green Flags
- Preference for competitive bidding: The company's focus on competitive bidding suggests a strong emphasis on maintaining a competitive edge and potentially leveraging its expertise to secure contracts.
- Diversified client base: The absence of a clear dependency on any single agency suggests a diversified client base, which could reduce the risk of over-reliance on a single client.
- Specialized services: The company's focus on specialized services such as raceway management and event coordination suggests that it may offer unique and valuable services to government agencies.
Key Contracts
SUMMIT POINT RACEWAY, ASSOCIATES, INC. has secured two contracts with a total value of $35.9 million. The contracts, while not detailed in the available information, suggest that the company is involved in specialized services such as raceway management and event coordination. The absence of recent contracts and the lack of detailed information on the nature and scope of their contracts make it difficult to assess the company's capabilities and performance. However, the company's preference for competitive bidding and its focus on specialized services suggest that it may offer unique and valuable services to government agencies. The company's track record is limited, and there are no notable projects or performance history available in the public domain, which makes it challenging to determine the extent of its capabilities and reliability.
Frequently Asked Questions
What does SUMMIT POINT RACEWAY, ASSOCIATES, INC. do for the federal government?
SUMMIT POINT RACEWAY, ASSOCIATES, INC. specializes in raceway management, event coordination, track maintenance, safety protocols, logistics support, and facility management. The company provides specialized services that are tailored to the needs of government agencies, such as managing raceways and coordinating events. These services are critical for ensuring the smooth operation of government facilities and events.
How much taxpayer money does SUMMIT POINT RACEWAY, ASSOCIATES, INC. receive?
SUMMIT POINT RACEWAY, ASSOCIATES, INC. has secured a total of $35.9 million in federal contracts, with an average contract size of $17,935,190. The company has not won any recent contracts, indicating a potential lull in activity. The total contract value provides insight into the scale of the company's government business, but the lack of recent activity may suggest challenges in securing new contracts.
Is SUMMIT POINT RACEWAY, ASSOCIATES, INC. good value for taxpayer money?
While SUMMIT POINT RACEWAY, ASSOCIATES, INC. has not provided any notable projects or performance history, the company's focus on specialized services and its preference for competitive bidding suggest that it may offer good value for taxpayer money. The absence of sole-source contracts and the company's track record of engaging in competitive bidding indicate that the company is likely to be responsive to market conditions and potentially cost-effective. However, without more detailed information on the nature and scope of their contracts, it is difficult to make a definitive assessment.
How does SUMMIT POINT RACEWAY, ASSOCIATES, INC. win its contracts?
SUMMIT POINT RACEWAY, ASSOCIATES, INC. has not engaged in any sole-source contracts, indicating a preference for competitive bidding. The company's focus on specialized services and its track record of engaging in competitive bidding suggest that it may leverage its expertise to secure contracts. However, the lack of recent activity and the absence of detailed information on the nature and scope of their contracts make it difficult to determine the specific strategies the company uses to win contracts.
What agencies use SUMMIT POINT RACEWAY, ASSOCIATES, INC. most?
The company's lack of specific agency clients makes it challenging to assess its relationship with government agencies. However, the absence of a clear dependency on any single agency suggests a diversified client base. This could be a positive indicator, as it may reduce the risk of over-reliance on a single client. However, the lack of detailed information on the nature of their contracts makes it difficult to determine the extent of their relationship with government agencies.
What are the risks of relying on SUMMIT POINT RACEWAY, ASSOCIATES, INC.?
The risks of relying on SUMMIT POINT RACEWAY, ASSOCIATES, INC. include the potential for a lull in activity, as the company has not won any recent contracts. The lack of detailed information on the nature and scope of their contracts makes it difficult to assess the company's capabilities and reliability. The absence of sole-source contracts and the company's preference for competitive bidding suggest that the company may face challenges in securing new contracts, which could impact its ability to provide consistent services to government agencies. Additionally, the lack of a clear dependency on any single agency may increase the risk of over-reliance on a small number of contracts.
How does SUMMIT POINT RACEWAY, ASSOCIATES, INC. compare to similar contractors?
SUMMIT POINT RACEWAY, ASSOCIATES, INC. appears to be a niche player in the federal contracting market, focusing on specialized services such as raceway management and event coordination. The company's preference for competitive bidding suggests a strong emphasis on maintaining a competitive edge and potentially leveraging its expertise to secure contracts. However, the lack of recent activity and the absence of a clear dependency on any single agency indicate that the company may face challenges in maintaining a consistent flow of business. In comparison to industry peers, SUMMIT POINT RACEWAY, ASSOCIATES, INC. may be one of many contractors offering specialized services, but it may also be a dominant player in niche markets where its expertise is highly valued.
Recent Federal Contracts
Summit Point Raceway, Associates, Inc. has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DHS awards $17.9M facilities support contract to Summit Point Raceway, Associ... | Department of Homeland Security | $17.9M | N/A |