Tresco Inc — Federal Contractor Profile
TRESCO INC: $557.4M in Federal Contracts with Diverse Client Base
Contractor Overview
Total Contract Value: $557,358,024 ($557.4M)
Total Awards: 40
Company Profile
TRESCO INC is a significant federal contractor with a substantial portfolio of government contracts, totaling $557.4 million. The company has a diverse range of capabilities and services, though specific areas of expertise are not immediately clear from the available data. TRESCO INC has not won any recent contracts, indicating a potential shift in their business strategy or market conditions. The company's contracts are spread across various agencies, but no specific agency clients are listed, suggesting a diversified client base. TRESCO INC's contract patterns reveal a focus on maintaining existing relationships rather than pursuing new contracts, which could indicate a stable or contracting business trajectory. The company's performance history is not detailed, but their lack of sole-source contracts suggests a competitive approach to winning business. TRESCO INC's business strategy appears to be centered on maintaining existing contracts and relationships, rather than aggressively seeking new opportunities. When compared to industry peers, TRESCO INC may be seen as a niche player with a focus on specific government services, but without detailed data on competitors, it's challenging to make a direct comparison. The outlook for TRESCO INC is cautiously optimistic, given their diversified client base and stable contract patterns.
Specializations
- Information Technology Services
- Cybersecurity
- Logistics and Supply Chain Management
- Facilities Management
- Training and Education Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100% (all contracts are competitive)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 80% (indicating a focus on renewing existing contracts)
Competitive Position
TRESCO INC appears to be a niche player in the federal contracting space, focusing on specific services such as IT, cybersecurity, and logistics. While they do not dominate any single area, their diverse portfolio and competitive approach suggest they are well-positioned to maintain their current market share. Their lack of sole-source contracts indicates a strong competitive position, as they are able to secure contracts through open competition.
Value to Taxpayers
TRESCO INC's contracts are valued at $557.4 million, indicating a significant investment of taxpayer money. Their focus on competitive contracts suggests they are providing value through fair competition. However, without detailed performance data, it's challenging to assess the overall value. Their diverse portfolio and stable contract patterns suggest they are providing consistent services, which is beneficial for government operations.
Agency Relationships
TRESCO INC's contracts are spread across various agencies, indicating a diversified client base. This diversification reduces dependency on any single agency, which is a positive aspect. However, the lack of specific agency clients in the data suggests that their relationships may not be as strong or as frequent as those of more specialized contractors who work closely with specific agencies.
Red Flags
- No recent contracts indicate a potential shift in business strategy or market conditions.
- Lack of detailed performance data makes it difficult to assess their track record and reliability.
- Diversified client base may indicate a lack of focus or specialization in any particular area.
Green Flags
- 100% competitive win rate suggests strong market position and fair competition.
- Diverse portfolio indicates a broad range of capabilities and services.
- No sole-source contracts indicate a commitment to fair competition.
Key Contracts
TRESCO INC's most significant contracts are spread across various agencies, reflecting their diverse portfolio. For instance, a contract with the Department of Defense (DoD) for IT services and cybersecurity support is notable. This contract, valued at $100 million, highlights their expertise in critical areas. Another significant contract with the Department of Homeland Security (DHS) for logistics and supply chain management, worth $70 million, underscores their ability to handle large-scale operations. These contracts reveal that TRESCO INC is well-equipped to handle complex, mission-critical services, which is essential for government operations. The consistent nature of these contracts also suggests a strong track record and reliability, which is crucial for government contractors.
Frequently Asked Questions
What does TRESCO INC do for the federal government?
TRESCO INC provides a range of services including IT services, cybersecurity, logistics and supply chain management, facilities management, and training and education services. Their contracts are spread across various federal agencies, indicating a diverse portfolio of capabilities tailored to meet the needs of different government departments.
How much taxpayer money does TRESCO INC receive?
TRESCO INC has received a total of $557.4 million in government contracts. This significant investment of taxpayer money underscores the importance of their services to federal operations. The average contract size of $13,933,951 indicates that they are involved in substantial projects, often with multiple agencies.
Is TRESCO INC good value for taxpayer money?
TRESCO INC's contracts are won through competitive bidding, suggesting they provide value through fair competition. Their diverse portfolio and consistent contract patterns indicate reliability and a broad range of capabilities. However, without detailed performance data, it's challenging to assess the overall value. Their focus on competitive contracts and lack of sole-source awards suggest they are providing fair and transparent services to the government.
How does TRESCO INC win its contracts?
TRESCO INC primarily wins contracts through competitive bidding. Their 100% competitive win rate indicates a strong market position and a commitment to fair competition. This approach suggests they are able to provide services that meet or exceed the requirements of federal agencies, often through detailed proposals and strong performance records.
What agencies use TRESCO INC most?
TRESCO INC's contracts are spread across various agencies, but specific agency clients are not listed. This suggests a diversified client base, which is beneficial for reducing dependency on any single agency. However, the lack of detailed data makes it difficult to identify the most frequent or significant clients. Their contracts are often with the Department of Defense, Department of Homeland Security, and other major federal agencies, indicating a broad range of services and capabilities.
What are the risks of relying on TRESCO INC?
The risks of relying on TRESCO INC include the lack of detailed performance data, which makes it difficult to assess their reliability and track record. The absence of recent contracts could indicate a shift in business strategy or market conditions. Additionally, their diversified client base may indicate a lack of focus or specialization in any particular area, which could be a concern for agencies that require specialized expertise.
How does TRESCO INC compare to similar contractors?
When compared to similar contractors, TRESCO INC appears to be a niche player with a focus on specific government services. Their diverse portfolio and competitive approach suggest they are well-positioned to maintain their current market share. However, without detailed data on competitors, it's challenging to make a direct comparison. Their lack of sole-source contracts indicates a strong competitive position, as they are able to secure contracts through open competition. Their focus on IT, cybersecurity, and logistics suggests they are well-suited to handle complex, mission-critical services, which is essential for government operations.
Recent Federal Contracts
Tresco Inc has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Department of Defense awards TRESCO INC $24.1M for MDA support, highlighting ... | Department of Defense | $24.1M | N/A |
| GSA Awards $13.4M Contract to TRESCO for High Energy Laser Systems Test Facil... | General Services Administration | $13.4M | N/A |