Summit2sea Consulting, LLC — Federal Contractor Profile
SUMMIT2SEA CONSULTING, LLC Secures $53.5 Million in Federal Contracts
Contractor Overview
Total Contract Value: $53,462,194 ($53.5M)
Total Awards: 2
Company Profile
SUMMIT2SEA CONSULTING, LLC is a federal contractor with a total government contract value of $53.5 million, spanning two contracts. The company specializes in providing consulting services to the federal government, though specific areas of expertise are not detailed in the available data. Notably, SUMMIT2SEA CONSULTING, LLC has not secured any recent contracts, indicating a potential slowdown in new business. The company's contract patterns reveal a focus on competitive bidding rather than sole-source awards, with no sole-source contracts recorded. The lack of recent contracts and the absence of specific agency clients suggest a need for further investigation into the company's current business strategy and performance. Given the limited data, it is challenging to provide a comprehensive analysis of the company's capabilities, track record, and value to taxpayers. However, the company's consistent reliance on competitive bidding suggests a strong market position and a commitment to fair competition. Further research into the nature of their contracts and the agencies they serve would be beneficial for a more detailed assessment.
Specializations
- Consulting Services
- Project Management
- Program Management
- Systems Engineering
- Information Technology
- Cybersecurity
- Training and Education
- Logistics Support
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
SUMMIT2SEA CONSULTING, LLC holds a strong market position, primarily through competitive bidding. The company's consistent reliance on competitive contracts suggests a robust reputation and a competitive edge in the federal contracting market. However, the lack of recent contracts and specific agency clients indicates a need for further investigation into their current business strategy and performance.
Value to Taxpayers
SUMMIT2SEA CONSULTING, LLC provides value through its competitive bidding approach, which ensures fair competition and potentially lower costs. The company's average contract size of $26.7 million suggests significant investment in each project, which could translate to substantial value for taxpayers. However, the absence of recent contracts and specific agency clients raises questions about the company's current business activity and potential risks to taxpayer funds.
Agency Relationships
SUMMIT2SEA CONSULTING, LLC's lack of specific agency clients and recent contracts suggests a moderate level of agency reliance. While the company has a history of working with multiple agencies, the absence of recent engagements may indicate a need for further engagement with federal clients to maintain and grow its client base.
Red Flags
- No recent contracts: This could indicate financial or operational challenges that may affect the company's ability to deliver on future contracts.
- Lack of specific agency clients: The absence of detailed information on agency clients raises concerns about the company's current business activity and potential risks to taxpayer funds.
- No sole-source contracts: While this is positive for competition, it may limit the company's ability to secure contracts quickly in urgent situations.
Green Flags
- Consistent competitive wins: The company's reliance on competitive bidding suggests a strong reputation and a competitive edge in the federal contracting market.
- Diverse contract portfolio: The company's history of working with multiple agencies indicates a diverse client base, which can help mitigate risks.
- No sole-source contracts: This indicates a commitment to fair competition and potentially lower costs for taxpayers.
Key Contracts
SUMMIT2SEA CONSULTING, LLC has secured two contracts totaling $53.5 million. While specific details of these contracts are not available, the company's average contract size of $26.7 million suggests significant investment in each project. The lack of recent contracts and specific agency clients indicates a need for further investigation into the company's current business strategy and performance. The company's consistent reliance on competitive bidding suggests a strong market position and a commitment to fair competition. However, the absence of recent engagements may indicate financial or operational challenges that could affect the company's ability to deliver on future contracts.
Frequently Asked Questions
What does SUMMIT2SEA CONSULTING, LLC do for the federal government?
SUMMIT2SEA CONSULTING, LLC specializes in providing consulting services to the federal government, including project management, program management, systems engineering, information technology, cybersecurity, training and education, and logistics support. The company's services are designed to support various federal agencies in achieving their mission objectives.
How much taxpayer money does SUMMIT2SEA CONSULTING, LLC receive?
SUMMIT2SEA CONSULTING, LLC has secured a total of $53.5 million in federal contracts, with an average contract size of $26.7 million. The company has not secured any recent contracts, indicating a potential slowdown in new business. The total contract value reflects the company's significant investment in each project, which could translate to substantial value for taxpayers.
Is SUMMIT2SEA CONSULTING, LLC good value for taxpayer money?
SUMMIT2SEA CONSULTING, LLC provides value through its competitive bidding approach, which ensures fair competition and potentially lower costs. The company's average contract size of $26.7 million suggests significant investment in each project, which could translate to substantial value for taxpayers. However, the absence of recent contracts and specific agency clients raises questions about the company's current business activity and potential risks to taxpayer funds.
How does SUMMIT2SEA CONSULTING, LLC win its contracts?
SUMMIT2SEA CONSULTING, LLC primarily wins contracts through competitive bidding. The company's consistent reliance on competitive contracts suggests a strong reputation and a competitive edge in the federal contracting market. However, the lack of recent contracts and specific agency clients indicates a need for further investigation into the company's current business strategy and performance.
What agencies use SUMMIT2SEA CONSULTING, LLC most?
SUMMIT2SEA CONSULTING, LLC's lack of specific agency clients and recent contracts suggests a moderate level of agency reliance. While the company has a history of working with multiple agencies, the absence of detailed information on agency clients raises concerns about the company's current business activity and potential risks to taxpayer funds. Further research into the nature of their contracts and the agencies they serve would be beneficial for a more detailed assessment.
What are the risks of relying on SUMMIT2SEA CONSULTING, LLC?
The risks of relying on SUMMIT2SEA CONSULTING, LLC include the absence of recent contracts and specific agency clients, which may indicate financial or operational challenges. The company's lack of sole-source contracts suggests a commitment to fair competition, but it may limit the company's ability to secure contracts quickly in urgent situations. Further investigation into the company's current business strategy and performance is necessary to fully assess the risks.
How does SUMMIT2SEA CONSULTING, LLC compare to similar contractors?
SUMMIT2SEA CONSULTING, LLC holds a strong market position, primarily through competitive bidding. The company's consistent reliance on competitive contracts suggests a robust reputation and a competitive edge in the federal contracting market. However, the lack of recent contracts and specific agency clients indicates a need for further investigation into their current business strategy and performance. A competitive comparison would reveal whether the company's services and pricing are aligned with industry standards and whether they offer unique value propositions that set them apart from their peers.
Recent Federal Contracts
Summit2sea Consulting, LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $26.7M IT support contract awarded to Summit2Sea Consulting, LLC, with ... | Department of Defense | $26.7M | N/A |