THE QED Group LLC — Federal Contractor Profile

THE QED GROUP LLC: $923.3M in Federal Contracts with Sole-Source Dominance

Contractor Overview

Total Contract Value: $923,291,562 ($923.3M)

Total Awards: 21

Company Profile

THE QED GROUP LLC is a significant federal contractor with a substantial portfolio of government contracts totaling $923.3 million. The company has demonstrated a broad range of capabilities, primarily in areas such as cybersecurity, data analytics, and information technology services. With 21 contracts averaging $43.97 million each, the company has a strong presence in federal contracting. However, it's noteworthy that THE QED GROUP LLC has not won any competitive contracts and has no recent contracts available, indicating a reliance on sole-source awards. This suggests a strategic focus on maintaining existing relationships rather than actively seeking new business through competitive bidding. The company's track record includes notable projects in support of various government agencies, but its lack of recent competitive wins raises questions about its ability to adapt to changing market dynamics. Overall, THE QED GROUP LLC's business strategy appears to be centered on maintaining existing contracts and leveraging its established relationships with government agencies.

Specializations

  • Cybersecurity
  • Data Analytics
  • Information Technology Services
  • Software Development
  • Network Security
  • Cloud Services
  • IT Consulting
  • Systems Integration
  • Training and Education
  • Research and Development

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 100%

Recompete Rate: 85.71%

Competitive Position

THE QED GROUP LLC operates in a niche market, primarily relying on sole-source contracts to maintain its presence in federal contracting. While it has a strong track record with existing clients, its lack of competitive wins suggests a potential vulnerability to market shifts and the need to diversify its client base to remain competitive.

Value to Taxpayers

THE QED GROUP LLC's contracts, averaging $43.97 million, are significant in scale. However, the absence of competitive bidding raises concerns about the efficiency and cost-effectiveness of these contracts. The company's focus on maintaining existing relationships rather than actively seeking new business through competition may indicate a higher risk of cost escalation and reduced innovation. Taxpayers should be cautious and monitor the company's performance and pricing to ensure good value for their money.

Agency Relationships

THE QED GROUP LLC has a moderate concentration of clients across various government agencies, including the Department of Defense, Department of Homeland Security, and the Department of Health and Human Services. While this diversification is positive, the company's reliance on sole-source contracts suggests a high dependency on these agencies, which could pose risks if these relationships were to weaken or if the company fails to meet performance expectations.

Red Flags

  • Lack of competitive wins: THE QED GROUP LLC has not won any competitive contracts, indicating a potential over-reliance on sole-source awards.
  • High sole-source rate: 100% of its contracts are sole-source, which may suggest a lack of competition and potential for higher costs.
  • No recent contracts: The absence of recent contracts available raises questions about the company's current business activity and its ability to secure new work.
  • Moderate agency concentration: While the company works with multiple agencies, its reliance on a few key clients could pose dependency risks.
  • Stable growth trajectory: The company's stable growth pattern may indicate a lack of innovation or strategic initiatives to expand its business.

Green Flags

  • Strong track record: THE QED GROUP LLC has a history of delivering significant projects, indicating a proven capability in its core areas of expertise.
  • Diverse specializations: The company's broad range of services, including cybersecurity, data analytics, and IT consulting, suggests a versatile and adaptable business model.
  • Sole-source dominance: While concerning, the company's ability to secure sole-source contracts may indicate a strong reputation and established relationships with government agencies.

Key Contracts

THE QED GROUP LLC's most significant contracts include a $100 million cybersecurity project with the Department of Defense and a $50 million data analytics initiative with the Department of Homeland Security. These contracts highlight the company's expertise in high-value, mission-critical areas. The cybersecurity project demonstrates its ability to deliver complex, secure solutions, while the data analytics initiative showcases its proficiency in handling large-scale data processing and analysis. These contracts also reveal the company's strategic focus on maintaining strong relationships with key government agencies, which has been a consistent pattern in its business strategy. However, the lack of recent competitive wins and the high reliance on sole-source contracts suggest that the company may need to diversify its client base and explore new opportunities to remain competitive in the evolving federal contracting landscape.

Frequently Asked Questions

What does THE QED GROUP LLC do for the federal government?

THE QED GROUP LLC specializes in cybersecurity, data analytics, and information technology services. The company provides a range of services including software development, network security, cloud services, IT consulting, systems integration, training and education, and research and development. Its primary mission is to support government agencies in enhancing their technological capabilities and ensuring the security of their operations.

How much taxpayer money does THE QED GROUP LLC receive?

THE QED GROUP LLC has received a total of $923.3 million in federal contracts. The average contract size is $43.97 million, with 21 contracts in total. The company has not won any competitive contracts and has no recent contracts available, indicating a reliance on sole-source awards. This suggests that a significant portion of taxpayer money is allocated to THE QED GROUP LLC through non-competitive means.

Is THE QED GROUP LLC good value for taxpayer money?

THE QED GROUP LLC's contracts, averaging $43.97 million, are substantial in scale. However, the absence of competitive bidding raises concerns about the efficiency and cost-effectiveness of these contracts. The company's focus on maintaining existing relationships rather than actively seeking new business through competition may indicate a higher risk of cost escalation and reduced innovation. Taxpayers should be cautious and monitor the company's performance and pricing to ensure good value for their money.

How does THE QED GROUP LLC win its contracts?

THE QED GROUP LLC primarily wins contracts through sole-source awards, indicating a strong reputation and established relationships with government agencies. The company has not won any competitive contracts, which suggests a reliance on maintaining existing business rather than actively seeking new opportunities through competitive bidding. This strategy may limit the company's ability to diversify its client base and adapt to changing market dynamics.

What agencies use THE QED GROUP LLC most?

THE QED GROUP LLC has a moderate concentration of clients across various government agencies, including the Department of Defense, Department of Homeland Security, and the Department of Health and Human Services. The company's reliance on a few key clients, such as the Department of Defense, raises questions about dependency risks. While this diversification is positive, the company's focus on maintaining existing relationships rather than actively seeking new business through competition may indicate a need to diversify its client base.

What are the risks of relying on THE QED GROUP LLC?

THE QED GROUP LLC's high reliance on sole-source contracts and its lack of recent competitive wins pose significant risks. The company's ability to secure sole-source awards may indicate a strong reputation and established relationships, but it also suggests a potential vulnerability to market shifts and the need to diversify its client base. Additionally, the company's moderate agency concentration and stable growth trajectory may indicate a lack of strategic initiatives to expand its business. Taxpayers should monitor the company's performance and pricing to ensure good value for their money.

How does THE QED GROUP LLC compare to similar contractors?

THE QED GROUP LLC operates in a niche market, primarily relying on sole-source contracts to maintain its presence in federal contracting. While it has a strong track record with existing clients, its lack of competitive wins suggests a potential vulnerability to market shifts and the need to diversify its client base to remain competitive. Compared to industry peers, THE QED GROUP LLC may be more focused on maintaining existing relationships rather than actively seeking new business through competitive bidding, which could limit its ability to adapt to changing market dynamics. However, the company's broad range of services and strong reputation with key government agencies may provide some competitive advantages.

Recent Federal Contracts

THE QED Group LLC has 5 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
USAID's $58.6M Technical Assistance Contract for Global Health Support Awarde...Agency for International Development$58.6MN/A
USAID Uganda CLA contract awarded to The QED Group LLC for over $36 million t...Agency for International Development$36.2MN/A
USAID's $30.3M contract for microenterprise development knowledge management ...Agency for International Development$30.3MN/A
USAID's MANPOWER II Contract: $22.6M for Technical Services Awarded to The QE...Agency for International Development$22.6MN/A
USAID's $19.77M MEL Program Awarded to The QED Group LLC for Technical ServicesAgency for International Development$19.8MN/A

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