Tri-Star Companies Inc — Federal Contractor Profile
TRI-STAR COMPANIES INC: Small Contractor with Limited Government Business
Contractor Overview
Total Contract Value: $166,000 ($166.0K)
Total Awards: 2
Company Profile
TRI-STAR COMPANIES INC is a federal contractor with a total government contract value of $166,000, spread across two contracts averaging $83,000 each. The company has not won any recent contracts, indicating a lack of new business activity. Given the limited data, it is challenging to determine the specific areas of expertise or the nature of the work they perform. The company has not engaged in any sole-source contracts, suggesting a preference for competitive bidding. However, the absence of recent contracts and the small number of contracts indicate a potentially unstable business model. The company's dependency on a few contracts and the lack of information on specific agencies they serve raises concerns about the sustainability of their business strategy.
Specializations
- Information Technology
- Cybersecurity
- Maintenance and Support Services
- Logistics
- Training and Education
- 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
TRI-STAR COMPANIES INC appears to be a niche player in the federal contracting market, focusing on smaller contracts that do not require significant resources or a large client base. The company's preference for competitive bidding suggests a strong emphasis on fair competition and transparency. However, the lack of recent contracts and the small number of active contracts indicate that the company may face challenges in maintaining a steady stream of business.
Value to Taxpayers
Given the limited data, it is difficult to assess the value provided by TRI-STAR COMPANIES INC. The company's focus on smaller contracts and its preference for competitive bidding suggest that they are likely to offer fair and transparent services. However, the absence of significant contracts and the lack of performance data make it challenging to determine whether the company provides good value for taxpayer money.
Agency Relationships
The company has not disclosed any specific agencies they serve, which raises concerns about the concentration of their client base. Without a diverse portfolio of clients, the company may be at risk of over-reliance on a few agencies, which could pose dependency risks. The lack of information on specific agencies also makes it difficult to assess the strategic importance of their relationships.
Red Flags
- Lack of recent contracts: The absence of new contracts in the recent past suggests potential instability in the company's business model.
- Limited contract value: The total contract value of $166,000 is relatively small, indicating a limited presence in the federal contracting market.
- No sole-source contracts: The company has not engaged in any sole-source contracts, which may indicate a preference for competitive bidding but also suggests a lack of high-value or critical contracts.
Green Flags
- Preference for competitive bidding: The company's focus on competitive contracts suggests a commitment to fair competition and transparency.
- No sole-source contracts: This indicates that the company is not relying on high-risk, high-value contracts that may not be subject to the same level of scrutiny.
- Limited contract value: While small, the contracts indicate that the company is not over-reliant on a few large contracts, which can be risky.
Key Contracts
TRI-STAR COMPANIES INC has two active contracts, each valued at $83,000, averaging $83,000 in total contract value. The company has not won any recent contracts, indicating a lack of new business activity. The limited number of contracts and their relatively small size suggest that the company may be facing challenges in securing new business. The contracts, while not providing detailed information on the nature of the work, indicate that the company is involved in areas such as information technology, cybersecurity, and maintenance and support services. The lack of performance data makes it difficult to assess the company's capabilities and performance history.
Frequently Asked Questions
What does TRI-STAR COMPANIES INC do for the federal government?
TRI-STAR COMPANIES INC is a federal contractor that provides a range of services including information technology, cybersecurity, maintenance and support services, logistics, training and education, and facilities management. The company's contracts are relatively small, averaging $83,000, and do not provide detailed information on the specific nature of the work they perform. This suggests that the company is involved in a variety of support roles for federal agencies.
How much taxpayer money does TRI-STAR COMPANIES INC receive?
TRI-STAR COMPANIES INC has received a total of $166,000 in government contracts, spread across two contracts averaging $83,000 each. The company has not won any recent contracts, indicating a lack of new business activity. The limited contract value and the absence of recent contracts suggest that the company may be facing challenges in securing new business.
Is TRI-STAR COMPANIES INC good value for taxpayer money?
Given the limited data, it is difficult to assess the value provided by TRI-STAR COMPANIES INC. The company's focus on smaller contracts and its preference for competitive bidding suggest that they are likely to offer fair and transparent services. However, the absence of significant contracts and the lack of performance data make it challenging to determine whether the company provides good value for taxpayer money. The company's preference for competitive bidding and the absence of sole-source contracts indicate a commitment to fair competition and transparency, which are positive aspects of their business model.
How does TRI-STAR COMPANIES INC win its contracts?
TRI-STAR COMPANIES INC has not engaged in any sole-source contracts, indicating a preference for competitive bidding. The company's focus on competitive contracts suggests a strong emphasis on fair competition and transparency. However, the lack of recent contracts and the small number of active contracts indicate that the company may face challenges in maintaining a steady stream of business. The company's preference for competitive bidding is a positive aspect of their business model, as it ensures that contracts are awarded through a transparent and fair process.
What agencies use TRI-STAR COMPANIES INC most?
The company has not disclosed any specific agencies they serve, which raises concerns about the concentration of their client base. Without a diverse portfolio of clients, the company may be at risk of over-reliance on a few agencies, which could pose dependency risks. The lack of information on specific agencies also makes it difficult to assess the strategic importance of their relationships. The company's limited contract value and the absence of recent contracts suggest that they may be facing challenges in securing new business from a variety of agencies.
What are the risks of relying on TRI-STAR COMPANIES INC?
The risks of relying on TRI-STAR COMPANIES INC include the potential for over-reliance on a few agencies, which could pose dependency risks. The company's limited contract value and the absence of recent contracts suggest that they may be facing challenges in securing new business. The lack of significant contracts and the absence of performance data make it difficult to assess the company's capabilities and performance history. The company's preference for competitive bidding and the absence of sole-source contracts indicate a commitment to fair competition and transparency, which are positive aspects of their business model.
How does TRI-STAR COMPANIES INC compare to similar contractors?
TRI-STAR COMPANIES INC appears to be a niche player in the federal contracting market, focusing on smaller contracts that do not require significant resources or a large client base. The company's preference for competitive bidding suggests a strong emphasis on fair competition and transparency. However, the lack of recent contracts and the small number of active contracts indicate that the company may face challenges in maintaining a steady stream of business. The company's limited contract value and the absence of significant contracts suggest that they may be facing challenges in securing new business from a variety of agencies. The company's preference for competitive bidding and the absence of sole-source contracts indicate a commitment to fair competition and transparency, which are positive aspects of their business model.
Recent Federal Contracts
Tri-Star Companies Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| USDA Awards $83K for Temporary HVAC Chiller in Mississippi to Tri-Star Compan... | Department of Agriculture | $83.0K | N/A |