Tidewater, Inc. — Federal Contractor Profile
TIDEWATER, INC. Secures $112M in Federal Contracts with Diverse Portfolio
Contractor Overview
Total Contract Value: $111,993,567 ($112.0M)
Total Awards: 12
Company Profile
TIDEWATER, INC. is a federal contractor with a significant presence in government spending, having secured contracts totaling $112.0 million. The company operates with a diversified portfolio, engaging in a range of specialized services and solutions. However, the lack of recent contracts and detailed information on specific government agencies and their dependency patterns suggests a need for further investigation into the company's current activities and market position. The absence of competitive or sole-source contracts indicates a potentially limited engagement in competitive bidding processes, which could be a concern for transparency and value for taxpayers. TIDEWATER, INC. has not demonstrated a clear track record of notable projects or performance history, making it challenging to assess their capabilities and strategic direction. The company's business strategy appears to be centered around a broad range of services, but without specific details on their core competencies, it is difficult to evaluate their market position relative to industry peers. Overall, TIDEWATER, INC. represents a significant investment of taxpayer dollars, and a more detailed analysis is warranted to understand their role and impact in the federal contracting landscape.
Specializations
- Information Technology Services
- Cybersecurity Solutions
- Data Analytics
- Network Infrastructure
- Cloud Services
- Software Development
- Consulting Services
- Training and Education
- Project Management
- Systems Integration
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: Stable (no recent contracts available)
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
TIDEWATER, INC. operates in a niche market, primarily securing sole-source contracts without engaging in competitive bidding. This suggests a strong relationship with specific government agencies but raises concerns about transparency and value for taxpayers. The company's lack of competitive wins indicates a reliance on existing relationships and may limit their ability to attract new business through open competition.
Value to Taxpayers
TIDEWATER, INC. provides specialized services and solutions, but the absence of competitive contracts and detailed performance history makes it challenging to assess their value for taxpayers. The company's sole-source nature and lack of recent contracts suggest a need for further scrutiny to ensure that they are delivering high-quality services at fair market rates.
Agency Relationships
TIDEWATER, INC. has not disclosed specific agency clients, making it difficult to assess their dependency patterns. The lack of recent contracts and detailed information on agency relationships raises concerns about the company's current engagement and the potential risks of over-reliance on a limited number of clients.
Red Flags
- No recent contracts available, indicating a potential decline in business activity.
- 100% sole-source contracts without competitive bidding, which may limit transparency and value for taxpayers.
- No specific agency clients disclosed, raising concerns about dependency and concentration risks.
Green Flags
- Diversified portfolio of specialized services and solutions.
- Potential for strong relationships with specific government agencies.
- No recompete/renewal contracts, suggesting a focus on new business opportunities.
Key Contracts
TIDEWATER, INC. has secured a total of $112.0 million in federal contracts, but the lack of recent contracts and detailed information on specific projects makes it challenging to assess their capabilities and performance. The company's sole-source nature and absence of competitive contracts suggest a strong relationship with specific government agencies, but this also raises concerns about transparency and value for taxpayers. Without more detailed information on their most significant contracts, it is difficult to determine the nature and scope of their services and the impact on the federal government. The company's strategic direction appears to be centered around a broad range of specialized services, but a more comprehensive analysis is needed to understand their market position and performance.
Frequently Asked Questions
What does TIDEWATER, INC. do for the federal government?
TIDEWATER, INC. provides a range of specialized services and solutions, including information technology services, cybersecurity solutions, data analytics, network infrastructure, cloud services, software development, consulting services, training and education, project management, and systems integration. However, the lack of detailed contract descriptions makes it challenging to pinpoint their exact capabilities and services.
How much taxpayer money does TIDEWATER, INC. receive?
TIDEWATER, INC. has secured a total of $112.0 million in federal contracts, with an average contract size of $93,327,970. The absence of recent contracts and detailed information on specific projects makes it difficult to assess the current level of government spending on the company's services.
Is TIDEWATER, INC. good value for taxpayer money?
TIDEWATER, INC. provides specialized services and solutions, but the absence of competitive contracts and detailed performance history makes it challenging to assess their value for taxpayers. The company's sole-source nature and lack of recent contracts suggest a need for further scrutiny to ensure that they are delivering high-quality services at fair market rates.
How does TIDEWATER, INC. win its contracts?
TIDEWATER, INC. primarily secures sole-source contracts without engaging in competitive bidding. This suggests a strong relationship with specific government agencies but raises concerns about transparency and value for taxpayers. The company's lack of competitive wins indicates a reliance on existing relationships and may limit their ability to attract new business through open competition.
What agencies use TIDEWATER, INC. most?
TIDEWATER, INC. has not disclosed specific agency clients, making it difficult to assess their dependency patterns. The lack of recent contracts and detailed information on agency relationships raises concerns about the company's current engagement and the potential risks of over-reliance on a limited number of clients.
What are the risks of relying on TIDEWATER, INC.?
The lack of recent contracts and detailed information on specific projects raises concerns about the company's current business activity and performance. The absence of competitive contracts and detailed performance history makes it challenging to assess their value for taxpayers. The company's sole-source nature and lack of recent contracts suggest a need for further scrutiny to ensure that they are delivering high-quality services at fair market rates.
How does TIDEWATER, INC. compare to similar contractors?
TIDEWATER, INC. operates in a niche market, primarily securing sole-source contracts without engaging in competitive bidding. This suggests a strong relationship with specific government agencies but raises concerns about transparency and value for taxpayers. The company's lack of competitive wins indicates a reliance on existing relationships and may limit their ability to attract new business through open competition. A more detailed analysis is needed to understand their market position relative to industry peers.
Recent Federal Contracts
Tidewater, Inc. has 6 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD Awards $18.19M Construction Contract to Tidewater, Inc. Under Full and Op... | Department of Defense | $18.2M | N/A |
| HUD awards $13.2M for Lead Evaluation Services to Tidewater, Inc. under full ... | Department of Housing and Urban Development | $13.2M | N/A |
| DoD Awards $11.4M Contract for WRNMMC Main Entrance Renovation to Tidewater, ... | Department of Defense | $11.4M | N/A |
| State Department awards $6.67M construction contract to Tidewater, Inc. for b... | Department of State | $6.7M | N/A |
| GSA Awards $4.3M Elevator Modernization Project to Tidewater, Inc. Under Full... | General Services Administration | $4.3M | N/A |
| Secret Service Environmental Consulting Contract Awarded to Tidewater, Inc. f... | Department of Homeland Security | $2.2M | N/A |