Technology Trends Group, LLC — Federal Contractor Profile

Contractor Overview

Total Contract Value: $294,691,078 ($294.7M)

Total Awards: 16

Company Profile

TECHNOLOGY TRENDS GROUP, LLC (TTG) is a federal contractor with a significant presence in government spending, having secured contracts totaling $294.7 million. The company operates with a diverse portfolio, engaging in a variety of specialized services and solutions. TTG's core capabilities include cybersecurity, software development, and IT consulting, among others. However, the company has not secured any recent contracts, which may indicate a period of inactivity or a shift in focus. The lack of recent contracts and the absence of specific agency clients suggest that TTG may be facing challenges in securing new business. The company's track record and notable projects are not well-documented, which could be a concern for stakeholders. The contract patterns reveal a strategy focused on maintaining existing relationships rather than expanding into new markets. Comparatively, TTG operates in a competitive market, where many firms offer similar services, but it has not demonstrated a strong competitive edge in recent years.

Specializations

• Cybersecurity
• Software Development
• IT Consulting
• Data Analytics
• Cloud Services

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts were sole-source)

Agency Concentration: N/A (no specific agency clients)

Growth Trajectory: Stable

Sole Source Rate: 100%

Recompete Rate: N/A (no recent contracts available)

Competitive Position

TECHNOLOGY TRENDS GROUP, LLC operates in a highly competitive market for federal IT services, but its reliance on sole-source contracts and lack of recent competitive wins suggest that it may not be a dominant player. The company's strategy of securing sole-source contracts indicates a focus on maintaining existing relationships rather than actively competing for new business. This could be a strategic choice, but it also raises concerns about the company's ability to attract new clients and maintain its market position.

Value to Taxpayers

TECHNOLOGY TRENDS GROUP, LLC's sole-source contracts and lack of recent competitive wins suggest that the company may not be providing the best value for taxpayer money. The absence of detailed information on the company's performance and track record makes it difficult to assess its value. However, the company's average contract size of $18.4 million indicates that it is securing significant contracts, which could be a positive sign if the company can demonstrate strong performance and cost-effectiveness.

Agency Relationships

The lack of specific agency clients and recent contracts suggests that TTG may have a limited dependency on a few key agencies. However, without more information, it is difficult to assess the level of concentration and potential risks associated with this dependency. The company's strategy of securing sole-source contracts indicates a focus on maintaining existing relationships, which could be a risk if these relationships are not strong or if the company faces challenges in renewing these contracts.

Red Flags

• Lack of recent contracts: The absence of recent contracts may indicate that the company is facing challenges in securing new business.
• Sole-source contracts: The company's reliance on sole-source contracts suggests a lack of competitive pressure, which could be a concern for taxpayers.
• Limited agency concentration: The lack of specific agency clients and recent contracts suggests a limited dependency on a few key agencies, which could be a risk if these relationships are not strong or if the company faces challenges in renewing these contracts.

Green Flags

• Diverse portfolio: TTG operates in a variety of specialized areas, including cybersecurity, software development, and IT consulting, which could be a positive sign of its adaptability and flexibility.
• Significant contract value: The company's average contract size of $18.4 million indicates that it is securing significant contracts, which could be a positive sign if the company can demonstrate strong performance and cost-effectiveness.
• Sole-source contracts: While this may be a red flag, it could also indicate that the company has a strong track record and is trusted by agencies to deliver high-quality services.

Key Contracts

TECHNOLOGY TRENDS GROUP, LLC has secured a total of $294.7 million in federal contracts, with an average contract size of $18.4 million. While the company has not provided detailed information on its most significant contracts, the lack of recent contracts and the absence of specific agency clients suggest that the company may be facing challenges in securing new business. The company's strategy of securing sole-source contracts indicates a focus on maintaining existing relationships rather than actively competing for new business. This could be a strategic choice, but it also raises concerns about the company's ability to attract new clients and maintain its market position. The company's track record and notable projects are not well-documented, which could be a concern for stakeholders. The contract patterns reveal a strategy focused on maintaining existing relationships rather than expanding into new markets.

Frequently Asked Questions

Recent Federal Contracts

Technology Trends Group, LLC has 7 federal contracts on record. Below are the largest awards:

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