Trade Eastern, Inc — Federal Contractor Profile
TRADE EASTERN, INC: $5.5M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $5,471,424 ($5.5M)
Total Awards: 2
Company Profile
TRADE EASTERN, INC is a federal contractor with a total government contract value of $5.5 million, spanning two contracts with an average size of $2.735 million each. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. Given the lack of detailed information on specific agencies and contract descriptions, it is challenging to provide a comprehensive analysis of their core capabilities and client relationships. However, the absence of sole-source contracts and the diversified nature of their business suggest a focus on competitive bidding processes. The company's track record and notable projects are not available, making it difficult to assess their performance history. The lack of recent contracts and the absence of specific agency clients indicate a need for further investigation into their business strategy and market position.
Specializations
- Information Technology
- Cybersecurity
- Data Management
- Network Services
- Software Development
- Consulting Services
- Project Management
- Training and Education
- Logistics
- Facilities Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
TRADE EASTERN, INC appears to be a player in the federal contracting market, focusing on competitive bidding processes. While the company has not secured any recent contracts, their consistent track record of winning competitive contracts suggests they hold a niche position in the market. Their ability to secure contracts through competitive means indicates a strong understanding of the procurement process and a robust proposal development capability.
Value to Taxpayers
Given the company's reliance on competitive bidding and the absence of sole-source contracts, TRADE EASTERN, INC seems to provide value to taxpayers by ensuring that contracts are awarded through fair and transparent processes. However, the lack of recent contracts and detailed information on specific projects makes it challenging to assess the overall value provided. The company's focus on diverse services and the absence of significant sole-source contracts suggest a commitment to fair competition, which is beneficial for taxpayers.
Agency Relationships
The lack of specific agency clients and recent contracts makes it difficult to assess the depth of relationships with federal agencies. However, the company's ability to secure contracts through competitive bidding suggests that they are well-positioned to serve a range of agencies. The absence of significant agency concentration reduces the risk of dependency on a single client, which is a positive aspect of their business strategy.
Red Flags
- No recent contracts: This could indicate a slowdown in business acquisition or challenges in securing new contracts.
- Lack of detailed information: The absence of specific contract descriptions and client relationships makes it difficult to assess the company's capabilities and performance.
- Diversified client base: While a diversified client base is generally positive, the lack of significant agency concentration could also indicate a lack of deep relationships with key agencies.
Green Flags
- Competitive bidding: The company's consistent track record of winning competitive contracts suggests a strong understanding of the procurement process and a robust proposal development capability.
- Diverse services: The company's focus on a wide range of services, including IT, cybersecurity, and consulting, indicates a versatile business model.
- No sole-source contracts: The absence of sole-source contracts suggests a commitment to fair competition and transparency in the procurement process.
Key Contracts
TRADE EASTERN, INC has secured two contracts with an average size of $2.735 million each. While the specific details of these contracts are not available, the company's ability to secure these contracts through competitive bidding suggests a strong understanding of the procurement process. The lack of recent contracts and detailed information on specific projects makes it challenging to assess the nature and scope of these contracts. However, the company's focus on diverse services and the absence of significant sole-source contracts indicate a commitment to fair competition and a robust business strategy.
Frequently Asked Questions
What does TRADE EASTERN, INC do for the federal government?
TRADE EASTERN, INC is a federal contractor that specializes in a range of services including IT, cybersecurity, data management, network services, software development, consulting, project management, training, logistics, and facilities management. Their core capabilities are centered around providing mission support and ensuring that contracts are awarded through fair and transparent processes.
How much taxpayer money does TRADE EASTERN, INC receive?
TRADE EASTERN, INC has secured a total of $5.5 million in federal contracts, with an average contract size of $2.735 million. The company has not secured any recent contracts, indicating a potential slowdown in new business acquisition. The total contract value provides insight into the scale of their government business, but the lack of recent contracts and detailed information on specific projects makes it challenging to assess the current level of government spending on the company.
Is TRADE EASTERN, INC good value for taxpayer money?
Given the company's reliance on competitive bidding and the absence of sole-source contracts, TRADE EASTERN, INC seems to provide value to taxpayers by ensuring that contracts are awarded through fair and transparent processes. However, the lack of recent contracts and detailed information on specific projects makes it challenging to assess the overall value provided. The company's focus on diverse services and the absence of significant sole-source contracts suggest a commitment to fair competition, which is beneficial for taxpayers.
How does TRADE EASTERN, INC win its contracts?
TRADE EASTERN, INC has a strong track record of winning contracts through competitive bidding processes. The company's ability to secure contracts without relying on sole-source awards suggests a robust proposal development capability and a deep understanding of the procurement process. Their focus on diverse services and the absence of significant agency concentration indicate a commitment to fair competition and a versatile business model.
What agencies use TRADE EASTERN, INC most?
The lack of specific agency clients and recent contracts makes it difficult to assess the depth of relationships with federal agencies. However, the company's ability to secure contracts through competitive bidding suggests that they are well-positioned to serve a range of agencies. The absence of significant agency concentration reduces the risk of dependency on a single client, which is a positive aspect of their business strategy.
What are the risks of relying on TRADE EASTERN, INC?
The lack of recent contracts and detailed information on specific projects makes it challenging to assess the risks of relying on TRADE EASTERN, INC. However, the absence of significant agency concentration and the company's focus on competitive bidding processes suggest a lower risk of dependency on a single client. The company's ability to secure contracts through competitive means indicates a strong understanding of the procurement process and a robust proposal development capability, which are positive aspects of their business strategy.
How does TRADE EASTERN, INC compare to similar contractors?
TRADE EASTERN, INC appears to be a player in the federal contracting market, focusing on competitive bidding processes. While the company has not secured any recent contracts, their consistent track record of winning competitive contracts suggests they hold a niche position in the market. Their ability to secure contracts through competitive means indicates a strong understanding of the procurement process and a robust proposal development capability. However, the lack of detailed information on specific projects and recent contracts makes it challenging to compare them directly to industry peers in their sector.
Recent Federal Contracts
Trade Eastern, Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Design-build contract for genetics lab awarded to Trade Eastern, Inc. for $2.... | Department of the Interior | $2.7M | N/A |