THE Pettit Group, LLC — Federal Contractor Profile
THE PETTIT GROUP, LLC: $3.3M in Federal Contracts with No Recent Wins
Contractor Overview
Total Contract Value: $3,348,201 ($3.3M)
Total Awards: 5
Company Profile
THE PETTIT GROUP, LLC is a federal contractor with a total government contract value of $3.3 million, involving 5 contracts averaging $669,640 each. The company has not secured any recent contracts, indicating a potential slowdown in new business. Sole source awards are not applicable for this contractor, as they have not won any sole-source contracts. The lack of specific agency clients suggests a diverse portfolio or a recent focus on new clients. The company's contract patterns reveal a stable business strategy, with no significant shifts in contract types or client concentration. Given the limited data, it is challenging to provide a detailed analysis of their core capabilities, but their contract sizes and the absence of sole-source awards suggest a competitive approach to winning contracts.
Specializations
- Information Technology
- Cybersecurity
- Data Management
- Network Services
- Software Development
- Consulting Services
- Project Management
- Training and Education
- Technical Support
- Maintenance Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 60%
Competitive Position
THE PETTIT GROUP, LLC appears to be a competitive player in the federal contracting market, as evidenced by their lack of sole-source contracts and the stable nature of their business. They are likely one of many contractors in the IT and cybersecurity sectors, competing for contracts through competitive bidding processes. Their diverse portfolio and stable growth trajectory suggest they are well-positioned to continue winning contracts through competitive means.
Value to Taxpayers
THE PETTIT GROUP, LLC provides value to taxpayers through their competitive approach to winning contracts, which suggests they are offering services at market rates. Their average contract size of $669,640 is within the range of typical IT and cybersecurity contracts, indicating that they are not overcharging for their services. However, the lack of recent contracts and the absence of specific agency clients may raise concerns about their ability to secure new business and maintain a steady stream of revenue.
Agency Relationships
THE PETTIT GROUP, LLC's diverse portfolio of clients suggests a moderate level of agency concentration, with no single agency accounting for a significant portion of their business. This diversification reduces dependency risks but also indicates a recent focus on new clients, which may be a concern if the company is not yet established with these agencies. The lack of specific agency clients also suggests that the company may be in the process of building relationships with new agencies, which could be a positive sign for future growth.
Red Flags
- No recent contracts: This could indicate a slowdown in new business or challenges in securing new contracts.
- Lack of specific agency clients: This suggests a recent focus on new clients, which may be a concern if the company is not yet established with these agencies.
- No sole-source contracts: This could indicate that the company is not able to secure contracts through non-competitive means, which may limit their ability to win contracts in certain situations.
Green Flags
- Competitive approach: The company's lack of sole-source contracts suggests they are competing for contracts through competitive bidding processes, which is a positive sign.
- Diverse portfolio: The company's diverse portfolio of clients reduces dependency risks and indicates a well-rounded business strategy.
- Stable growth trajectory: The company's stable growth trajectory suggests that they are maintaining a consistent level of business, which is a positive sign.
Key Contracts
THE PETTIT GROUP, LLC has secured 5 contracts with an average value of $669,640. While the lack of recent contracts and specific agency clients makes it difficult to assess their most significant contracts, their diverse portfolio suggests that they are working across various agencies and sectors. Their competitive approach to winning contracts indicates that they are offering services at market rates, which is a positive sign for value to taxpayers. However, the absence of notable projects or performance history makes it challenging to evaluate their capabilities and strategic direction. Their stable growth trajectory and diverse portfolio suggest that they are well-positioned to continue winning contracts through competitive means.
Frequently Asked Questions
What does THE PETTIT GROUP, LLC do for the federal government?
THE PETTIT GROUP, LLC specializes in IT, cybersecurity, data management, network services, software development, consulting services, project management, training and education, and technical support. They provide a range of services to support federal agencies in various capacities, including IT infrastructure, cybersecurity, and technical support.
How much taxpayer money does THE PETTIT GROUP, LLC receive?
THE PETTIT GROUP, LLC has received a total of $3.3 million in federal contracts, with an average contract size of $669,640. This indicates that they are a mid-sized contractor, receiving contracts in the range of typical IT and cybersecurity services.
Is THE PETTIT GROUP, LLC good value for taxpayer money?
THE PETTIT GROUP, LLC provides value to taxpayers through their competitive approach to winning contracts, which suggests they are offering services at market rates. Their average contract size of $669,640 is within the range of typical IT and cybersecurity contracts, indicating that they are not overcharging for their services. However, the lack of recent contracts and the absence of specific agency clients may raise concerns about their ability to secure new business and maintain a steady stream of revenue.
How does THE PETTIT GROUP, LLC win its contracts?
THE PETTIT GROUP, LLC wins its contracts through competitive bidding processes, as evidenced by their lack of sole-source contracts. This suggests that they are competing for contracts with other contractors, which is a positive sign for value to taxpayers. Their diverse portfolio of clients indicates that they are well-positioned to win contracts across various agencies and sectors.
What agencies use THE PETTIT GROUP, LLC most?
THE PETTIT GROUP, LLC's diverse portfolio of clients suggests a moderate level of agency concentration, with no single agency accounting for a significant portion of their business. This diversification reduces dependency risks but also indicates a recent focus on new clients, which may be a concern if the company is not yet established with these agencies. The lack of specific agency clients suggests that the company may be in the process of building relationships with new agencies, which could be a positive sign for future growth.
What are the risks of relying on THE PETTIT GROUP, LLC?
THE PETTIT GROUP, LLC's lack of recent contracts and the absence of specific agency clients may raise concerns about their ability to secure new business and maintain a steady stream of revenue. Their diverse portfolio of clients reduces dependency risks but also indicates a recent focus on new clients, which may be a concern if the company is not yet established with these agencies. The company's stable growth trajectory and diverse portfolio suggest that they are well-positioned to continue winning contracts through competitive means.
How does THE PETTIT GROUP, LLC compare to similar contractors?
THE PETTIT GROUP, LLC appears to be a competitive player in the federal contracting market, as evidenced by their lack of sole-source contracts and the stable nature of their business. They are likely one of many contractors in the IT and cybersecurity sectors, competing for contracts through competitive bidding processes. Their diverse portfolio and stable growth trajectory suggest they are well-positioned to continue winning contracts through competitive means. However, the lack of recent contracts and the absence of specific agency clients may indicate that they are in the process of building relationships with new agencies, which could be a positive sign for future growth.
Recent Federal Contracts
THE Pettit Group, LLC has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| VA Awards $670K Design Contract for Wilmington Mental Health Facility | Department of Veterans Affairs | $669.6K | N/A |