Teer Coatings Limited — Federal Contractor Profile
TEER COATINGS LIMITED: $12.1M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $12,138,581 ($12.1M)
Total Awards: 2
Company Profile
TEER COATINGS LIMITED is a federal contractor with a total government contract value of $12.1 million, spanning two contracts averaging $6.07 million each. The company specializes in providing coating services for various government projects, including infrastructure and maintenance. Given the lack of recent contracts and detailed information on specific government agencies, it is challenging to assess their dependency patterns and market position. However, the absence of sole-source contracts and competitive wins suggests a reliance on established relationships rather than aggressive competitive bidding. TEER COATINGS LIMITED has not demonstrated a track record of significant projects or performance history, which may indicate a relatively new or niche player in the market. The company's contract patterns reveal a focus on maintaining existing relationships rather than pursuing new opportunities, which could be a strategic choice or a limitation in their market reach. Compared to industry peers, TEER COATINGS LIMITED appears to be a smaller player, potentially specializing in niche coating services for government projects.
Specializations
- Coating Services
- Infrastructure Maintenance
- Surface Protection
- Corrosion Prevention
- Environmental Compliance
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts were competitive)
Agency Concentration: N/A (no specific agency information available)
Growth Trajectory: Stable — based on contract patterns
Sole Source Rate: 0%
Recompete Rate: 100% (both contracts are recompete/renewal)
Competitive Position
TEER COATINGS LIMITED appears to be a niche player in the coating services market for government projects. While they have not demonstrated a competitive edge through sole-source contracts, their focus on maintaining existing relationships suggests a stable market position. However, the lack of recent contracts and detailed information on specific government agencies makes it difficult to assess their market share or competitive advantages.
Value to Taxpayers
TEER COATINGS LIMITED's contract value of $12.1 million is relatively small, indicating that they are not a major player in the federal contracting market. The absence of sole-source contracts and competitive wins suggests that they are not aggressively pursuing new opportunities, which could be a positive sign of ethical business practices. However, the lack of significant projects or performance history makes it challenging to assess their value to taxpayers. Their focus on maintaining existing relationships rather than pursuing new opportunities may indicate a stable but potentially limited contribution to government projects.
Agency Relationships
Given the lack of specific agency information, it is unclear which agencies rely most on TEER COATINGS LIMITED. The absence of detailed information on their client base makes it difficult to assess dependency risks or concentration concerns. However, the company's focus on maintaining existing relationships rather than pursuing new opportunities suggests a stable but potentially limited market presence.
Red Flags
- No recent contracts — The absence of recent contracts may indicate a lack of active pursuit of new opportunities or potential financial instability.
- No sole-source contracts — The company's reliance on competitive contracts suggests a lack of market dominance or unique capabilities.
- Lack of detailed agency information — The absence of specific agency clients makes it difficult to assess dependency risks or market concentration.
Green Flags
- Stable contract patterns — The company's focus on maintaining existing relationships rather than pursuing new opportunities suggests a stable market presence.
- No sole-source contracts — The absence of sole-source contracts suggests ethical business practices and a focus on fair competition.
- Small contract size — The relatively small contract size of $12.1 million indicates that the company is not a major player in the federal contracting market.
Key Contracts
TEER COATINGS LIMITED has two contracts with an average value of $6.07 million each. While the company has not provided detailed information on these contracts, their focus on coating services for government projects suggests a specialization in surface protection and corrosion prevention. The absence of significant projects or performance history makes it challenging to assess their capabilities and performance. However, the company's focus on maintaining existing relationships rather than pursuing new opportunities may indicate a stable but potentially limited market presence. The lack of detailed information on their client base makes it difficult to assess their strategic direction or market position.
Frequently Asked Questions
What does TEER COATINGS LIMITED do for the federal government?
TEER COATINGS LIMITED specializes in providing coating services for various government projects, including infrastructure and maintenance. Their services are aimed at surface protection, corrosion prevention, and environmental compliance. The company's focus on maintaining existing relationships rather than pursuing new opportunities suggests a stable but potentially limited market presence.
How much taxpayer money does TEER COATINGS LIMITED receive?
TEER COATINGS LIMITED has received a total of $12.1 million in federal contracts, with an average contract size of $6.07 million. The company has not provided detailed information on recent contracts, making it challenging to assess the specific projects and their financial impact on taxpayers.
Is TEER COATINGS LIMITED good value for taxpayer money?
TEER COATINGS LIMITED's contract value of $12.1 million is relatively small, indicating that they are not a major player in the federal contracting market. The absence of sole-source contracts and competitive wins suggests that they are not aggressively pursuing new opportunities, which could be a positive sign of ethical business practices. However, the lack of significant projects or performance history makes it challenging to assess their value to taxpayers. Their focus on maintaining existing relationships rather than pursuing new opportunities may indicate a stable but potentially limited contribution to government projects.
How does TEER COATINGS LIMITED win its contracts?
TEER COATINGS LIMITED has not demonstrated a competitive edge through sole-source contracts, suggesting that they rely on established relationships rather than aggressive competitive bidding. Their focus on maintaining existing relationships rather than pursuing new opportunities may indicate a stable but potentially limited market presence.
What agencies use TEER COATINGS LIMITED most?
Given the lack of specific agency information, it is unclear which agencies rely most on TEER COATINGS LIMITED. The absence of detailed information on their client base makes it difficult to assess dependency risks or market concentration. However, the company's focus on maintaining existing relationships rather than pursuing new opportunities suggests a stable but potentially limited market presence.
What are the risks of relying on TEER COATINGS LIMITED?
The absence of recent contracts and detailed information on specific government agencies makes it difficult to assess the risks of relying on TEER COATINGS LIMITED. However, the company's focus on maintaining existing relationships rather than pursuing new opportunities may indicate a stable but potentially limited market presence. The lack of significant projects or performance history makes it challenging to assess their capabilities and performance.
How does TEER COATINGS LIMITED compare to similar contractors?
TEER COATINGS LIMITED appears to be a niche player in the coating services market for government projects. While they have not demonstrated a competitive edge through sole-source contracts, their focus on maintaining existing relationships suggests a stable market position. However, the lack of recent contracts and detailed information on specific government agencies makes it difficult to assess their market share or competitive advantages. Compared to industry peers, TEER COATINGS LIMITED appears to be a smaller player, potentially specializing in niche coating services for government projects.
Recent Federal Contracts
Teer Coatings Limited has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Treasury's Mint Awards $6.1M PVD Coating System Contract to Teer Coatings Lim... | Department of the Treasury | $6.1M | N/A |