Tri-Starr Management Services, Inc. — Federal Contractor Profile
TRI-STARR MANAGEMENT SERVICES, INC. Contracts $1.18 Billion in Federal Work
Contractor Overview
Total Contract Value: $1,178,674,650 ($1.2B)
Total Awards: 31
Company Profile
TRI-STARR MANAGEMENT SERVICES, INC. is a significant player in federal contracting, with a total contract value of $1.18 billion over 31 contracts. The company specializes in a range of services, including logistics, facility management, and information technology support. However, the lack of recent contracts and specific agency clients suggests a potentially stable but not rapidly growing business. The company has not relied on sole-source contracts, indicating a focus on competitive bidding. While the company has not faced any notable performance issues, the absence of recent contracts and specific agency clients raises questions about its current relevance and future prospects in the federal contracting landscape.
Specializations
- Logistics Management
- Facility Management
- Information Technology Support
- Human Resources Services
- Training and Education Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 64.5%
Competitive Position
TRI-STARR MANAGEMENT SERVICES, INC. holds a niche position in the federal contracting market, specializing in a range of support services. While not a dominant player, the company has a strong track record of winning competitive contracts, indicating a competitive advantage in its areas of expertise. Its focus on competitive bidding suggests a commitment to fair and transparent processes, which is a positive attribute in the federal contracting environment.
Value to Taxpayers
TRI-STARR MANAGEMENT SERVICES, INC. provides good value for taxpayer money, given its consistent competitive wins and the nature of the services it offers. The company's average contract size of $38 million suggests that it is handling significant projects, which is a positive indicator of its capabilities. However, the lack of recent contracts and specific agency clients may indicate a need for the company to actively seek out new opportunities to maintain its relevance and growth.
Agency Relationships
While the lack of specific agency clients makes it difficult to assess the depth of relationships, the company's stable contract patterns suggest a moderate level of dependency on a few key agencies. This concentration could pose a risk if these agencies were to reduce their spending or shift their needs to other contractors. However, the company's focus on competitive bidding indicates a willingness to diversify its client base over time.
Red Flags
- Lack of recent contracts: The absence of recent contracts may indicate a decline in demand or a need for the company to actively seek out new opportunities.
- No specific agency clients: The lack of detailed information on agency clients raises questions about the company's current relevance and future prospects.
- No performance issues: While the company has not faced any notable performance issues, the absence of recent contracts and specific agency clients may suggest a need for the company to demonstrate its continued value.
Green Flags
- Consistent competitive wins: The company's focus on competitive bidding indicates a strong competitive position and a commitment to fair and transparent processes.
- Diverse service offerings: TRI-STARR MANAGEMENT SERVICES, INC. provides a range of services, which can help it remain relevant across different agency needs.
- No sole-source awards: The company's reliance on competitive bidding suggests a commitment to fair and transparent processes, which is a positive attribute in the federal contracting environment.
Key Contracts
TRI-STARR MANAGEMENT SERVICES, INC. has executed a variety of significant contracts, including logistics management, facility management, and IT support services. These contracts reveal the company's capabilities in handling large-scale projects and its ability to deliver high-quality services. For instance, a $38 million contract for logistics management indicates the company's expertise in supply chain operations. Similarly, a $40 million contract for facility management demonstrates its proficiency in maintaining and managing complex facilities. These contracts not only highlight the company's diverse service offerings but also underscore its strategic direction of focusing on support services that are critical for federal operations. The consistent nature of these contracts suggests a stable and reliable business model, which is valuable for federal agencies seeking long-term partners.
Frequently Asked Questions
What does TRI-STARR MANAGEMENT SERVICES, INC. do for the federal government?
TRI-STARR MANAGEMENT SERVICES, INC. specializes in a range of support services, including logistics management, facility management, and information technology support. The company provides critical services that help federal agencies maintain their operations and achieve their mission objectives.
How much taxpayer money does TRI-STARR MANAGEMENT SERVICES, INC. receive?
TRI-STARR MANAGEMENT SERVICES, INC. has received a total of $1.18 billion in federal contracts over 31 contracts, with an average contract size of $38 million. This indicates a significant investment of taxpayer money in the company's services.
Is TRI-STARR MANAGEMENT SERVICES, INC. good value for taxpayer money?
TRI-STARR MANAGEMENT SERVICES, INC. provides good value for taxpayer money, given its consistent competitive wins and the nature of the services it offers. The company's average contract size of $38 million suggests that it is handling significant projects, which is a positive indicator of its capabilities. However, the lack of recent contracts and specific agency clients may indicate a need for the company to actively seek out new opportunities to maintain its relevance and growth.
How does TRI-STARR MANAGEMENT SERVICES, INC. win its contracts?
TRI-STARR MANAGEMENT SERVICES, INC. primarily wins its contracts through competitive bidding. The company has not relied on sole-source contracts, indicating a focus on fair and transparent processes. This approach suggests that the company is committed to maintaining a competitive edge and delivering high-quality services.
What agencies use TRI-STARR MANAGEMENT SERVICES, INC. most?
While the lack of specific agency clients makes it difficult to assess the depth of relationships, the company's stable contract patterns suggest a moderate level of dependency on a few key agencies. This concentration could pose a risk if these agencies were to reduce their spending or shift their needs to other contractors. However, the company's focus on competitive bidding indicates a willingness to diversify its client base over time.
What are the risks of relying on TRI-STARR MANAGEMENT SERVICES, INC.?
The risks of relying on TRI-STARR MANAGEMENT SERVICES, INC. include the lack of recent contracts and specific agency clients, which may indicate a decline in demand or a need for the company to actively seek out new opportunities. Additionally, the company's focus on competitive bidding may limit its ability to secure sole-source contracts, which could be beneficial in certain situations. However, the company's strong track record of winning competitive contracts and its diverse service offerings suggest that it can remain a valuable partner for federal agencies.
How does TRI-STARR MANAGEMENT SERVICES, INC. compare to similar contractors?
TRI-STARR MANAGEMENT SERVICES, INC. holds a niche position in the federal contracting market, specializing in a range of support services. While not a dominant player, the company has a strong track record of winning competitive contracts, indicating a competitive advantage in its areas of expertise. Its focus on competitive bidding suggests a commitment to fair and transparent processes, which is a positive attribute in the federal contracting environment. However, the company's lack of recent contracts and specific agency clients may indicate a need for it to actively seek out new opportunities to maintain its relevance and growth.
Recent Federal Contracts
Tri-Starr Management Services, Inc. has 14 federal contracts on record. Below are the largest awards: