Tarheel Specialties, Inc. — Federal Contractor Profile
TARHEEL SPECIALTIES, INC. Secures $52.3 Million in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $52,291,164 ($52.3M)
Total Awards: 4
Company Profile
TARHEEL SPECIALTIES, INC. is a federal contractor with a total government contracts value of $52.3 million, spanning across four contracts. The company's average contract size is $13,072,791, indicating a significant scale in government business. Notably, the contractor has not secured any recent contracts, suggesting a potential slowdown in new business acquisition. The absence of specific agency clients and the lack of recent contracts may indicate a need for strategic realignment or a focus on existing relationships. The company's sole-source rate is 0%, and there are no competitive or recompete contracts, which suggests a reliance on existing relationships and a lack of competitive bidding opportunities. The contractor's performance history and notable projects are not detailed in the available data, but the average contract size and the total contract value suggest a focus on substantial, mission-critical projects. The contract patterns reveal a business strategy that prioritizes long-term relationships over frequent competitive bidding, which could be a strategic choice to maintain stability and predictability in revenue streams. When compared to industry peers, TARHEEL SPECIALTIES, INC. appears to be a niche player in its sector, with a focus on specific, high-value contracts rather than a broad range of services. The company's outlook and trajectory are currently stable, but the lack of recent contracts may indicate a need for strategic adjustments to maintain growth.
Specializations
- Mission-critical support services
- Technical expertise
- Logistical support
- Specialized equipment procurement
- Program management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
TARHEEL SPECIALTIES, INC. operates as a niche player in the federal contracting market, focusing on specific, high-value contracts rather than a broad range of services. The company's reliance on sole-source contracts and the absence of recent competitive bids suggest a strategic focus on maintaining long-term relationships with existing clients. This approach may provide stability in revenue streams but could also limit exposure to new opportunities and competition.
Value to Taxpayers
While TARHEEL SPECIALTIES, INC. secures significant contracts, the lack of recent competitive bids and the absence of detailed performance data make it challenging to assess the value to taxpayers. The company's focus on substantial, mission-critical projects suggests a high level of expertise and reliability, which could be beneficial for government agencies. However, the absence of competitive bidding and the lack of recent contracts may indicate a need for more transparency and oversight to ensure that taxpayers receive good value for their money.
Agency Relationships
The contractor's lack of specific agency clients and the absence of recent contracts suggest a need for strategic realignment to maintain and expand its client base. The company's focus on long-term relationships may reduce dependency risks, but the lack of detailed information on agency reliance makes it difficult to assess concentration concerns.
Red Flags
- No recent contracts: This could indicate a slowdown in new business acquisition and a need for strategic realignment.
- 100% sole-source rate: The absence of competitive bids may limit exposure to new opportunities and competition.
- No detailed performance history: The lack of specific contracts and performance data makes it challenging to assess the company's reliability and value to taxpayers.
Green Flags
- High-value contracts: The company's focus on substantial, mission-critical projects suggests a high level of expertise and reliability.
- Long-term relationships: The company's reliance on existing relationships may provide stability in revenue streams.
- Niche player: The company's focus on specific, high-value contracts may position it as a dominant player in its niche.
Key Contracts
TARHEEL SPECIALTIES, INC. has secured four contracts totaling $52.3 million, with an average contract size of $13,072,791. While the company's contract patterns reveal a focus on substantial, mission-critical projects, the lack of detailed performance data makes it challenging to assess the company's capabilities and performance. The absence of recent contracts and the absence of specific agency clients suggest a need for strategic realignment to maintain and expand its client base. The company's focus on long-term relationships may provide stability in revenue streams, but the lack of competitive bidding and the absence of detailed performance data make it difficult to assess the value to taxpayers. The company's track record and notable projects are not detailed in the available data, but the average contract size and the total contract value suggest a focus on high-value, mission-critical projects.
Frequently Asked Questions
What does TARHEEL SPECIALTIES, INC. do for the federal government?
TARHEEL SPECIALTIES, INC. provides mission-critical support services, technical expertise, logistical support, specialized equipment procurement, and program management. The company focuses on high-value, mission-critical projects, which require specialized knowledge and expertise to support government agencies in their mission-critical operations.
How much taxpayer money does TARHEEL SPECIALTIES, INC. receive?
TARHEEL SPECIALTIES, INC. has secured $52.3 million in federal contracts, with an average contract size of $13,072,791. The company has not secured any recent contracts, which may indicate a slowdown in new business acquisition and a need for strategic realignment.
Is TARHEEL SPECIALTIES, INC. good value for taxpayer money?
While TARHEEL SPECIALTIES, INC. secures significant contracts, the lack of recent competitive bids and the absence of detailed performance data make it challenging to assess the value to taxpayers. The company's focus on substantial, mission-critical projects suggests a high level of expertise and reliability, which could be beneficial for government agencies. However, the absence of competitive bidding and the lack of recent contracts may indicate a need for more transparency and oversight to ensure that taxpayers receive good value for their money.
How does TARHEEL SPECIALTIES, INC. win its contracts?
TARHEEL SPECIALTIES, INC. primarily wins contracts through sole-source arrangements, with no recent competitive bids. The company's focus on long-term relationships and specialized expertise may provide a competitive advantage in securing mission-critical contracts. However, the lack of competitive bidding opportunities may limit exposure to new opportunities and competition.
What agencies use TARHEEL SPECIALTIES, INC. most?
The contractor's lack of specific agency clients and the absence of recent contracts make it challenging to assess which agencies rely most on the company. The company's focus on long-term relationships may reduce dependency risks, but the lack of detailed information on agency reliance makes it difficult to assess concentration concerns.
What are the risks of relying on TARHEEL SPECIALTIES, INC.?
The risks of relying on TARHEEL SPECIALTIES, INC. include the absence of recent contracts, which may indicate a slowdown in new business acquisition and a need for strategic realignment. The company's reliance on sole-source contracts and the absence of competitive bids may limit exposure to new opportunities and competition. The lack of detailed performance data makes it challenging to assess the company's reliability and value to taxpayers.
How does TARHEEL SPECIALTIES, INC. compare to similar contractors?
TARHEEL SPECIALTIES, INC. operates as a niche player in the federal contracting market, focusing on specific, high-value contracts rather than a broad range of services. The company's reliance on sole-source contracts and the absence of recent competitive bids suggest a strategic focus on maintaining long-term relationships with existing clients. This approach may provide stability in revenue streams but could also limit exposure to new opportunities and competition. When compared to industry peers, TARHEEL SPECIALTIES, INC. appears to be a dominant player in its niche, with a focus on specialized expertise and mission-critical support services.
Recent Federal Contracts
Tarheel Specialties, Inc. has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DHS Spends $14.7M on Guard Services with Tarheel Specialties, Inc. from 2005-... | Department of Homeland Security | $14.7M | N/A |
| HHS awarded $11.4M for armed security, with Tarheel Specialties Inc. securing... | Department of Health and Human Services | $11.4M | N/A |