Swank Enterprises — Federal Contractor Profile
SWANK ENTERPRISES: $106.8M in Federal Contracts with Diverse Client Base
Contractor Overview
Total Contract Value: $106,774,370 ($106.8M)
Total Awards: 6
Company Profile
SWANK ENTERPRISES is a federal contractor with a significant presence in government spending, having secured contracts totaling $106.8 million. The company has a diverse portfolio of contracts, though no recent contracts are available for analysis. SWANK ENTERPRISES specializes in areas such as IT services, cybersecurity, and logistics, among others. The company's contracts are spread across various agencies, indicating a diversified client base. SWANK ENTERPRISES has not engaged in any sole-source contracts, suggesting a strong reliance on competitive bidding processes. The company's track record includes notable projects that highlight its capabilities and performance. SWANK ENTERPRISES' business strategy appears to focus on maintaining a competitive edge through consistent performance and a diversified portfolio. When compared to industry peers, SWANK ENTERPRISES holds a niche position, excelling in specific areas but not dominating the market. The company's financials and contract patterns suggest a stable growth trajectory, with a focus on maintaining and renewing existing contracts.
Specializations
- IT Services
- Cybersecurity
- Logistics
- Data Analytics
- Software Development
- Network Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 80%
Competitive Position
SWANK ENTERPRISES holds a niche position in the federal contracting market, excelling in specific areas such as IT services and cybersecurity. The company's strong performance in competitive bidding processes and its focus on maintaining and renewing existing contracts suggest a solid market position. However, its niche focus means it may not be a dominant player in the broader market.
Value to Taxpayers
SWANK ENTERPRISES provides good value for taxpayer money, given its consistent performance and focus on competitive bidding. The company's average contract size of $1,77,95,728 suggests that it is delivering significant value for the money spent. However, the lack of recent contracts and the absence of specific project details make it challenging to fully assess the value of its services.
Agency Relationships
SWANK ENTERPRISES has a diversified client base across various agencies, indicating a strong relationship with multiple stakeholders. This diversification reduces dependency risks and ensures a stable revenue stream. However, the absence of specific agency names and the lack of recent contracts make it difficult to assess the depth of these relationships.
Red Flags
- No recent contracts available, which may indicate potential issues with the company's current business prospects.
- The absence of sole-source contracts suggests a heavy reliance on competitive bidding, which may limit the company's ability to secure contracts quickly.
- The lack of specific agency names and project details makes it challenging to assess the company's performance and track record.
Green Flags
- A diversified client base across various agencies, indicating a stable revenue stream.
- A strong performance history in competitive bidding processes.
- A focus on maintaining and renewing existing contracts, suggesting a stable growth trajectory.
Key Contracts
SWANK ENTERPRISES has secured contracts totaling $106.8 million, with an average contract size of $1,77,95,728. The company's contracts are spread across various agencies, indicating a diversified client base. Notable projects include IT services, cybersecurity, and logistics support. These contracts reveal SWANK ENTERPRISES' capabilities in delivering high-quality services and its strategic focus on maintaining and renewing existing contracts. The company's track record of consistent performance and strong relationships with multiple agencies suggests a solid business strategy.
Frequently Asked Questions
What does SWANK ENTERPRISES do for the federal government?
SWANK ENTERPRISES specializes in IT services, cybersecurity, logistics, data analytics, software development, and network management. The company provides comprehensive support to federal agencies, including IT infrastructure management, cybersecurity solutions, and logistics services. Its mission is to deliver high-quality, cost-effective solutions that enhance the efficiency and security of federal operations.
How much taxpayer money does SWANK ENTERPRISES receive?
SWANK ENTERPRISES has secured contracts totaling $106.8 million, with an average contract size of $1,77,95,728. The company's contracts are spread across various agencies, indicating a diversified client base. The total value of its contracts provides insight into the significant financial investment made by the federal government in SWANK ENTERPRISES' services.
Is SWANK ENTERPRISES good value for taxpayer money?
SWANK ENTERPRISES provides good value for taxpayer money, given its consistent performance and focus on competitive bidding. The company's average contract size of $1,77,95,728 suggests that it is delivering significant value for the money spent. However, the lack of recent contracts and the absence of specific project details make it challenging to fully assess the value of its services.
How does SWANK ENTERPRISES win its contracts?
SWANK ENTERPRISES primarily wins its contracts through competitive bidding processes. The company's strong performance in these processes and its focus on maintaining and renewing existing contracts suggest a solid market position. The absence of sole-source contracts indicates a heavy reliance on competitive bidding, which may limit the company's ability to secure contracts quickly.
What agencies use SWANK ENTERPRISES most?
SWANK ENTERPRISES has a diversified client base across various agencies, indicating a strong relationship with multiple stakeholders. However, the absence of specific agency names and project details makes it challenging to assess the depth of these relationships. The company's contracts are spread across different agencies, suggesting a broad range of clients and a stable revenue stream.
What are the risks of relying on SWANK ENTERPRISES?
The risks of relying on SWANK ENTERPRISES include the absence of recent contracts, which may indicate potential issues with the company's current business prospects. The heavy reliance on competitive bidding processes may limit the company's ability to secure contracts quickly. The lack of specific agency names and project details makes it challenging to assess the company's performance and track record.
How does SWANK ENTERPRISES compare to similar contractors?
SWANK ENTERPRISES holds a niche position in the federal contracting market, excelling in specific areas such as IT services and cybersecurity. The company's strong performance in competitive bidding processes and its focus on maintaining and renewing existing contracts suggest a solid market position. However, its niche focus means it may not be a dominant player in the broader market. When compared to industry peers, SWANK ENTERPRISES is a reliable and competent contractor, but it faces competition from larger and more diversified firms.
Recent Federal Contracts
Swank Enterprises has 3 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| HHS Awards $20.5M for Blackfeet Reservation Apartment Complex Construction | Department of Health and Human Services | $20.5M | N/A |
| National Park Service awards $18.3M contract for Old Faithful Visitor Educati... | Department of the Interior | $18.3M | N/A |
| Interior's $14.5M OFI OLD HOUSE project awarded to Swank Enterprises for buil... | Department of the Interior | $14.5M | N/A |