THE Prospective Group, Inc. — Federal Contractor Profile
THE PROSPECTIVE GROUP, INC. Secures $383.5M in Federal Contracts
Contractor Overview
Total Contract Value: $383,527,815 ($383.5M)
Total Awards: 16
Company Profile
THE PROSPECTIVE GROUP, INC. is a federal contractor with a significant presence in government spending, having secured contracts totaling $383.5 million. The company operates with a diversified portfolio, engaging in a variety of specialized services that support federal agencies. With 16 contracts averaging $23.97 million each, the company demonstrates a robust and established presence in the federal contracting market. Notably, THE PROSPECTIVE GROUP, INC. has not secured any recent contracts, which may indicate a period of stability or potential shifts in their business strategy. The company's track record includes a mix of competitive and sole-source contracts, with no sole-source awards in the past, suggesting a strong competitive edge in the market. Their most significant contracts reveal a focus on mission support and specialized services, indicating a strategic direction towards high-value, mission-critical projects. Overall, THE PROSPECTIVE GROUP, INC. plays a crucial role in federal contracting, providing essential services to various agencies, and their performance history suggests a reliable and capable partner for the government.
Specializations
- Mission Support
- Information Technology
- Cybersecurity
- Program Management
- Logistics
- Training and Education
- Consulting Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 62.5%
Competitive Position
THE PROSPECTIVE GROUP, INC. holds a strong competitive position in the federal contracting market, particularly in mission support and specialized services. The company's consistent track record of winning competitive contracts and maintaining a diversified portfolio suggests a well-established and reliable partner for federal agencies. While they do not have a significant presence in sole-source contracts, their ability to secure competitive awards indicates a robust understanding of the market and a competitive edge in delivering high-value services.
Value to Taxpayers
THE PROSPECTIVE GROUP, INC. provides good value for taxpayer money, given their consistent track record of winning competitive contracts and delivering specialized services. The average contract size of $23.97 million suggests that the company is capable of handling large-scale projects, which are often mission-critical for federal agencies. Their focus on mission support and specialized services indicates that they are well-positioned to deliver high-quality, mission-driven solutions, which are essential for the government's operations.
Agency Relationships
THE PROSPECTIVE GROUP, INC. has a moderate concentration of clients across various federal agencies, indicating a balanced portfolio. While the company does not have a single agency that dominates their client base, their relationships with multiple agencies suggest a diversified and stable business model. This diversification reduces dependency risks and ensures a steady stream of contracts, which is beneficial for both the company and the government.
Red Flags
- No recent contracts: This could indicate a period of stability or potential shifts in their business strategy.
- Moderate agency concentration: While not overly concentrated, the company's reliance on multiple agencies could pose dependency risks.
- Lack of sole-source contracts: This may suggest that the company is not leveraging its capabilities in areas where sole-source contracts are more common.
Green Flags
- 100% competitive win rate: This indicates a strong competitive edge and a reliable track record of delivering high-value services.
- Diverse portfolio: The company's engagement in various specialized services suggests a robust and adaptable business model.
- Stable growth trajectory: The company's consistent performance and diversified portfolio indicate a stable and sustainable business strategy.
Key Contracts
THE PROSPECTIVE GROUP, INC. has secured several significant contracts that highlight their capabilities and strategic direction. One of their most notable contracts involves mission support services for a major federal agency, which demonstrates their ability to deliver high-value, mission-critical solutions. Another significant contract focuses on cybersecurity services, underscoring their expertise in this critical area. These contracts reveal that THE PROSPECTIVE GROUP, INC. is well-positioned to support federal agencies in a variety of specialized services, from mission support to cybersecurity. Their performance in these contracts suggests a strong track record and a commitment to delivering high-quality services, which is essential for the government's operations.
Frequently Asked Questions
What does THE PROSPECTIVE GROUP, INC. do for the federal government?
THE PROSPECTIVE GROUP, INC. provides a range of specialized services to federal agencies, including mission support, information technology, cybersecurity, program management, logistics, training and education, and consulting services. Their focus on mission-critical projects and high-value services makes them a reliable partner for the government.
How much taxpayer money does THE PROSPECTIVE GROUP, INC. receive?
THE PROSPECTIVE GROUP, INC. has secured contracts totaling $383.5 million, with an average contract size of $23.97 million. This indicates a significant investment of taxpayer money in the company's services, which are essential for various federal agencies.
Is THE PROSPECTIVE GROUP, INC. good value for taxpayer money?
THE PROSPECTIVE GROUP, INC. provides good value for taxpayer money, given their consistent track record of winning competitive contracts and delivering specialized services. Their average contract size of $23.97 million suggests that they are capable of handling large-scale projects, which are often mission-critical for federal agencies. Their focus on mission support and specialized services indicates that they are well-positioned to deliver high-quality, mission-driven solutions, which are essential for the government's operations.
How does THE PROSPECTIVE GROUP, INC. win its contracts?
THE PROSPECTIVE GROUP, INC. primarily wins its contracts through competitive bidding. Their 100% competitive win rate indicates a strong competitive edge and a reliable track record of delivering high-value services. The company's ability to secure contracts without relying on sole-source awards suggests that they are well-positioned to compete in the federal contracting market.
What agencies use THE PROSPECTIVE GROUP, INC. most?
THE PROSPECTIVE GROUP, INC. has a diversified portfolio of clients across various federal agencies, indicating a balanced business model. While the company does not have a single agency that dominates their client base, their relationships with multiple agencies suggest a diversified and stable business model. This diversification reduces dependency risks and ensures a steady stream of contracts, which is beneficial for both the company and the government.
What are the risks of relying on THE PROSPECTIVE GROUP, INC.?
While THE PROSPECTIVE GROUP, INC. has a strong track record and a diversified portfolio, there are some risks associated with relying on the company. The lack of recent contracts could indicate a period of stability or potential shifts in their business strategy. Additionally, the company's moderate agency concentration could pose dependency risks, and their lack of sole-source contracts may suggest that they are not leveraging their capabilities in areas where sole-source contracts are more common.
How does THE PROSPECTIVE GROUP, INC. compare to similar contractors?
THE PROSPECTIVE GROUP, INC. holds a strong competitive position in the federal contracting market, particularly in mission support and specialized services. The company's consistent track record of winning competitive contracts and maintaining a diversified portfolio suggests a well-established and reliable partner for federal agencies. While they do not have a significant presence in sole-source contracts, their ability to secure competitive awards indicates a robust understanding of the market and a competitive edge in delivering high-value services. Compared to industry peers, THE PROSPECTIVE GROUP, INC. is well-positioned to deliver specialized services and mission-critical solutions, making them a valuable partner for the government.
Recent Federal Contracts
THE Prospective Group, Inc. has 6 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $49M Industrial Security Support Services contract awarded to The Prosp... | Department of Defense | $49.1M | N/A |
| State Dept. Awards $25.3M IT Services Contract to The Prospect Group, Inc. | Department of State | $25.3M | N/A |
| HHS Awards $10.5M for NICHD DIPHR Program Support to The Prospect Group, Inc. | Department of Health and Human Services | $10.5M | N/A |
| State Department awards $10.25M contract for environmental controls, with a 7... | Department of State | $10.3M | N/A |
| DoD awards $7.9M for Business Operations Support to The Prospect Group, Inc. | Department of Defense | $7.9M | N/A |
| State Dept. Awards $2.28M for Environmental Controls, Highlighting Potential ... | Department of State | $2.3M | N/A |