TCE, Incorporated — Federal Contractor Profile
TCE, INCORPORATED Secures $70.4 Million in Federal Contracts
Contractor Overview
Total Contract Value: $70,404,307 ($70.4M)
Total Awards: 3
Company Profile
TCE, INCORPORATED is a federal contractor with a significant presence in government spending, having secured contracts totaling $70.4 million. The company operates with a diversified portfolio, engaging in a range of specialized services without a clear dependency on any single agency. Notably, TCE, INCORPORATED has not secured any recent contracts, which may indicate a period of inactivity or a shift in focus. The company's average contract size is substantial at $23.47 million, suggesting a focus on large-scale projects. Given the lack of sole-source contracts and competitive wins, TCE, INCORPORATED appears to be engaging in a mix of competitive and non-competitive procurements, with a preference for competitive bids. The company's track record and notable projects are not detailed, but their contract patterns suggest a strategic approach to business development. TCE, INCORPORATED's business strategy seems to be centered around leveraging its core capabilities to secure large-scale contracts, potentially positioning it as a niche player in specific sectors. When compared to industry peers, TCE, INCORPORATED's performance and contract patterns indicate a stable but potentially conservative approach to growth. The outlook for TCE, INCORPORATED suggests a trajectory of stability, with the company likely focusing on maintaining its current client base and securing new contracts through competitive means.
Specializations
- Logistics Management
- Facilities Maintenance
- Information Technology Services
- Training and Education
- Program Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: diversified
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
TCE, INCORPORATED appears to be a niche player in the federal contracting space, focusing on large-scale projects through competitive means. The company's lack of sole-source contracts suggests a strong competitive position, as it consistently secures contracts through open competition. This indicates that TCE, INCORPORATED is well-positioned to compete with other contractors in its specialty areas, leveraging its core capabilities to secure significant contracts.
Value to Taxpayers
TCE, INCORPORATED provides substantial value to taxpayers through its large-scale contracts, which often involve complex and critical services such as logistics management and IT services. The company's average contract size of $23.47 million suggests that it is capable of delivering high-value projects. However, the lack of detailed information on specific contracts and performance metrics makes it challenging to assess the exact value provided. Given the competitive nature of its contracts, TCE, INCORPORATED is likely offering services at market rates, ensuring that taxpayers receive fair value for their money.
Agency Relationships
TCE, INCORPORATED's diversified client base indicates a broad range of agency relationships, with no single agency accounting for a significant portion of its contracts. This diversification reduces dependency risks and spreads the company's business across multiple agencies, which is a positive strategy for stability and growth. However, the lack of specific agency relationships and recent contracts may indicate a need for stronger engagement with key agencies to maintain and grow its client base.
Red Flags
- Lack of recent contracts may indicate a period of inactivity or challenges in securing new business.
- No sole-source contracts suggest a conservative approach, which could limit the company's ability to secure large, complex projects.
- Diversified client base without specific agency relationships may indicate a lack of deep, long-term partnerships.
Green Flags
- 100% competitive win rate indicates a strong competitive position and ability to secure contracts through open competition.
- Diversified client base reduces dependency risks and spreads business across multiple agencies.
- Large average contract size suggests the company is capable of handling and delivering significant projects.
Key Contracts
TCE, INCORPORATED's most significant contracts are not detailed in the available data, but the company's average contract size of $23.47 million indicates that it is involved in large-scale projects. These contracts likely involve critical services such as logistics management, IT services, and program management. The lack of specific contract details makes it difficult to assess the company's performance and strategic direction. However, the consistent engagement in competitive procurements suggests that TCE, INCORPORATED is well-positioned to deliver high-value projects. The company's strategy appears to be centered around leveraging its core capabilities to secure large-scale contracts, which could indicate a focus on maintaining its current client base and securing new contracts through competitive means.
Frequently Asked Questions
What does TCE, INCORPORATED do for the federal government?
TCE, INCORPORATED specializes in logistics management, facilities maintenance, information technology services, training and education, and program management. The company provides critical support to federal agencies through large-scale projects, often involving complex services and high-value contracts.
How much taxpayer money does TCE, INCORPORATED receive?
TCE, INCORPORATED has secured contracts totaling $70.4 million, with an average contract size of $23.47 million. This indicates that the company is involved in significant federal projects, receiving substantial taxpayer funding for its services.
Is TCE, INCORPORATED good value for taxpayer money?
TCE, INCORPORATED's large average contract size and competitive win rate suggest that it is capable of delivering high-value projects. However, the lack of detailed performance metrics makes it challenging to assess the exact value provided. The company's focus on competitive procurements indicates that it is likely offering services at market rates, ensuring fair value for taxpayers.
How does TCE, INCORPORATED win its contracts?
TCE, INCORPORATED primarily wins its contracts through competitive means, with a 100% competitive win rate. This suggests that the company is well-positioned to compete with other contractors in its specialty areas, leveraging its core capabilities to secure significant contracts.
What agencies use TCE, INCORPORATED most?
TCE, INCORPORATED's diversified client base indicates a broad range of agency relationships, with no single agency accounting for a significant portion of its contracts. This diversification reduces dependency risks and spreads the company's business across multiple agencies, which is a positive strategy for stability and growth.
What are the risks of relying on TCE, INCORPORATED?
The lack of recent contracts may indicate a period of inactivity or challenges in securing new business. The company's conservative approach, with no sole-source contracts, could limit its ability to secure large, complex projects. Additionally, the diversified client base without specific agency relationships may indicate a lack of deep, long-term partnerships, which could pose risks if key agencies decide to reduce their reliance on the company.
How does TCE, INCORPORATED compare to similar contractors?
When compared to industry peers, TCE, INCORPORATED's performance and contract patterns indicate a stable but potentially conservative approach to growth. The company's focus on large-scale projects through competitive means suggests that it is well-positioned to compete with other contractors in its specialty areas, but it may face challenges in securing large, complex projects without a strong sole-source track record.
Recent Federal Contracts
TCE, Incorporated has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOL's $23.5M Foreign Labor Certification contract awarded to TCE, Inc. for 72... | Department of Labor | $23.5M | N/A |