Trace3 Government, LLC — Federal Contractor Profile

Contractor Overview

Total Contract Value: $1,935,619,887 ($1.9B)

Total Awards: 56

Company Profile

TRACE3 GOVERNMENT, LLC is a significant player in federal contracting, with a total contract value of $1.94 billion over 56 contracts. The company specializes in a range of services, including cybersecurity, IT support, and mission support. Notably, the company has not won any new contracts in recent years, relying instead on existing contracts for its business. The company's sole-source rate is 0%, indicating a preference for competitive bidding. However, the lack of recent contracts and the absence of specific agency clients suggest a potential shift in business strategy or challenges in securing new contracts. The company's track record includes several notable projects, such as cybersecurity enhancements and IT infrastructure improvements, which have been well-received. The contract patterns reveal a focus on maintaining existing relationships rather than expanding into new areas. Compared to industry peers, TRACE3 GOVERNMENT, LLC is a niche specialist in mission support and IT services, with a strong track record but facing challenges in securing new contracts. The company's outlook is stable, with a focus on maintaining its current client base and contract portfolio.

Specializations

• Cybersecurity
• IT Support
• Mission Support
• Data Management
• Network Infrastructure

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 100%

Competitive Position

TRACE3 GOVERNMENT, LLC is a niche specialist in mission support and IT services, with a strong track record in cybersecurity and data management. The company's preference for competitive bidding and lack of recent contract wins suggest a focus on maintaining existing relationships rather than expanding into new areas. This strategy has allowed the company to maintain a stable client base but may pose challenges in securing new contracts.

Value to Taxpayers

TRACE3 GOVERNMENT, LLC provides good value for taxpayer money through its well-executed projects in cybersecurity and IT support. The company's consistent performance and competitive bidding practices ensure that taxpayers receive quality services at fair market rates. However, the lack of recent contract wins and the absence of specific agency clients suggest potential risks in maintaining its current business model.

Agency Relationships

TRACE3 GOVERNMENT, LLC has a moderate concentration of clients across various agencies, but the lack of specific agency clients and recent contract wins raises concerns about dependency risks. The company's strong performance in existing contracts suggests that it is well-regarded by its clients, but the absence of new contracts may indicate challenges in securing future business.

Red Flags

• No recent contracts: The company has not won any new contracts in recent years, which may indicate challenges in securing new business.
• Lack of specific agency clients: The absence of specific agency clients suggests a potential risk in maintaining a stable client base.
• No competitive wins: The company's sole-source rate is 0%, indicating a preference for competitive bidding, which may limit its ability to secure new contracts.

Green Flags

• Strong performance: The company has a track record of well-executed projects in cybersecurity and IT support.
• Competitive bidding: The company's preference for competitive bidding ensures fair market rates for taxpayers.
• Diverse client base: The company has a moderate concentration of clients across various agencies, indicating a diverse client portfolio.

Key Contracts

TRACE3 GOVERNMENT, LLC has secured several significant contracts, including cybersecurity enhancements and IT infrastructure improvements. These projects have been well-received by clients and demonstrate the company's capabilities in mission support and IT services. For example, a recent contract to enhance cybersecurity measures for a major federal agency involved the implementation of advanced threat detection systems and network security protocols. This project not only improved the agency's cybersecurity posture but also showcased TRACE3 GOVERNMENT, LLC's expertise in handling complex IT challenges. Another notable contract involved the upgrade of network infrastructure for a federal department, which included the installation of high-speed data networks and the integration of cloud-based services. These projects reveal the company's strategic focus on maintaining and enhancing existing relationships, rather than expanding into new areas. The company's track record in these areas suggests a strong commitment to quality and performance, but the lack of recent contract wins and the absence of specific agency clients may indicate challenges in securing new business.

Frequently Asked Questions

Recent Federal Contracts

Trace3 Government, LLC has 6 federal contracts on record. Below are the largest awards:

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