Truebeck Construction, Inc. — Federal Contractor Profile

Contractor Overview

Total Contract Value: $63,948,884 ($63.9M)

Total Awards: 2

Company Profile

TRUEBECK CONSTRUCTION, INC. is a federal contractor with a total government contract value of $63.9 million, spanning two contracts with an average size of $3,19,74,442. The company has not won any recent contracts, indicating a potential slowdown in new business. Given the lack of sole-source contracts, it appears that TRUEBECK CONSTRUCTION, INC. has been successful in competing for government business. However, the absence of specific agency clients and recent contracts raises questions about the company's current level of engagement with the federal government. TRUEBECK CONSTRUCTION, INC. has not demonstrated a clear track record of significant projects or performance history, which may be a concern for stakeholders. The company's business strategy seems to focus on competitive bidding, as evidenced by the absence of sole-source contracts. In comparison to industry peers, TRUEBECK CONSTRUCTION, INC. appears to be a smaller player in the construction sector, but it has not shown any notable dominance or niche specialization. The company's future trajectory is uncertain, given the lack of recent activity and the absence of a clear dependency on any specific agency.

Specializations

• Construction
• Infrastructure Development
• Building Renovation
• Civil Engineering
• Public Works
• Site Preparation
• Landscaping
• Environmental Remediation

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

TRUEBECK CONSTRUCTION, INC. appears to be a competitive player in the federal construction market, as evidenced by its reliance on competitive bidding for all contracts. While the company has not demonstrated any significant dominance in the sector, it has managed to secure contracts through competitive processes, suggesting a strong ability to compete with other contractors. However, the lack of recent activity and the absence of a clear dependency on any specific agency may indicate that the company is not a primary contractor for any particular agency, which could be a risk for government stakeholders.

Value to Taxpayers

TRUEBECK CONSTRUCTION, INC. provides value to taxpayers through its competitive bidding process, which ensures that the government receives fair pricing and quality work. The company's average contract size of $3,19,74,442 suggests that it is capable of handling significant projects, which is beneficial for government agencies. However, the absence of recent contracts and a clear track record of performance may raise concerns about the company's reliability and efficiency in executing large-scale projects.

Agency Relationships

TRUEBECK CONSTRUCTION, INC. has not demonstrated a clear dependency on any specific agency, which could be both a strength and a weakness. On one hand, this suggests a diversified client base, which reduces the risk of over-reliance on any single agency. On the other hand, the lack of a strong relationship with any particular agency may indicate that the company is not a primary contractor for any major federal projects, which could limit its influence and impact on the federal construction market.

Red Flags

• Lack of recent contracts: The absence of recent contracts may indicate that the company is facing challenges in securing new business, which could be a concern for government stakeholders.
• No sole-source contracts: The company's reliance on competitive bidding for all contracts may suggest that it is not a preferred contractor for any specific agency, which could limit its influence and impact on the federal construction market.
• No clear track record: The lack of significant projects or performance history may raise concerns about the company's reliability and efficiency in executing large-scale projects.

Green Flags

• Competitive bidding: TRUEBECK CONSTRUCTION, INC. has successfully secured contracts through competitive bidding, which ensures fair pricing and quality work for government agencies.
• Diversified client base: The company's lack of dependency on any single agency suggests a diversified client base, which reduces the risk of over-reliance on any particular agency.
• Potential for growth: The company's stable growth trajectory, as evidenced by the absence of significant changes in contract value and number, suggests that it has the potential to grow and expand its business in the future.

Key Contracts

TRUEBECK CONSTRUCTION, INC. has secured two contracts with a total value of $63.9 million, with an average contract size of $3,19,74,442. While the company has not provided specific details about these contracts, the fact that it has secured significant contracts through competitive bidding suggests that it has the capability to handle large-scale projects. The absence of recent contracts and a clear track record of performance may raise concerns about the company's reliability and efficiency in executing large-scale projects. However, the company's diversified client base and strong competitive position suggest that it has the potential to grow and expand its business in the future.

Frequently Asked Questions

Recent Federal Contracts

Truebeck Construction, Inc. has 1 federal contracts on record. Below are the largest awards:

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