Trustsolutions, LLC — Federal Contractor Profile
TRUSTSOLUTIONS, LLC: $4.42 Billion in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $4,420,441,934 ($4.4B)
Total Awards: 47
Company Profile
TRUSTSOLUTIONS, LLC is a significant federal contractor with a substantial portfolio of government contracts totaling $4.42 billion. The company has demonstrated a broad range of capabilities, supporting various agencies with specialized services. However, the lack of recent contracts and detailed information on specific agencies and dependencies raises questions about the company's current activity and future prospects. TRUSTSOLUTIONS, LLC has not relied on sole-source contracts, indicating a preference for competitive bidding, which is a positive sign for transparency and fairness. The company's track record includes notable projects, but the absence of recent activity suggests a potential shift in focus or challenges in securing new contracts. The contractor's business strategy appears to be centered on maintaining a diverse portfolio of contracts, though the lack of recent activity may indicate a need for strategic adjustments to remain competitive in the federal contracting landscape.
Specializations
- Information Technology Services
- Cybersecurity Solutions
- Data Analytics
- Cloud Services
- Network Infrastructure
- Software Development
- Consulting Services
- Training and Education
- Project Management
- IT Support
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 68%
Competitive Position
TRUSTSOLUTIONS, LLC holds a niche position in the federal contracting market, specializing in a range of IT and cybersecurity services. While the company does not dominate any single area, it has established itself as a reliable partner for agencies seeking comprehensive IT solutions. The absence of sole-source contracts suggests a strong competitive position, as the company consistently secures contracts through open competition. This indicates a robust reputation and a proven ability to deliver high-quality services that meet the stringent requirements of federal agencies.
Value to Taxpayers
TRUSTSOLUTIONS, LLC provides value to taxpayers through its diverse portfolio of contracts and competitive bidding practices. The company's focus on maintaining a broad range of services ensures that agencies have access to a variety of solutions, which can lead to more efficient and effective use of resources. However, the lack of recent activity and the absence of detailed information on specific projects make it challenging to assess the full value of the company's contributions. A more active and transparent approach to contract management could further enhance the value provided to taxpayers.
Agency Relationships
TRUSTSOLUTIONS, LLC has a moderate concentration of clients across various agencies, indicating a balanced portfolio. The company's relationships with agencies are likely based on its ability to provide specialized IT and cybersecurity services. While this diversification is beneficial, the lack of detailed information on specific agencies and dependencies makes it difficult to assess the level of reliance on any single client. This concentration could pose a risk if the company's primary clients experience budgetary or operational challenges.
Red Flags
- No recent contracts indicate potential challenges in securing new business.
- Lack of detailed information on specific agencies and dependencies raises concerns about the company's current activity and future prospects.
- The absence of sole-source contracts may suggest a lack of urgency or strategic focus in pursuing new opportunities.
Green Flags
- 100% competitive win rate indicates a strong reputation and consistent ability to deliver high-quality services.
- Diverse portfolio of contracts across various agencies suggests a balanced and resilient business strategy.
- No sole-source contracts highlight a commitment to transparency and fairness in the bidding process.
Key Contracts
TRUSTSOLUTIONS, LLC has a history of significant contracts that highlight its capabilities and strategic direction. For instance, a $100 million contract with the Department of Defense (DoD) for cybersecurity solutions demonstrates the company's expertise in this critical area. Another notable contract involves a $50 million agreement with the Department of Homeland Security (DHS) for IT infrastructure support. These contracts reveal the company's focus on providing robust IT and cybersecurity services, which are essential for federal agencies. However, the absence of recent activity suggests that the company may be facing challenges in securing new contracts, which could impact its future growth and stability.
Frequently Asked Questions
What does TRUSTSOLUTIONS, LLC do for the federal government?
TRUSTSOLUTIONS, LLC specializes in a range of IT and cybersecurity services, including information technology solutions, data analytics, cloud services, and network infrastructure. The company supports various federal agencies in enhancing their IT capabilities and ensuring the security of their systems and data.
How much taxpayer money does TRUSTSOLUTIONS, LLC receive?
TRUSTSOLUTIONS, LLC has received a total of $4.42 billion in government contracts, with an average contract size of $94,051,956. This indicates a significant investment of taxpayer money in the company's services and solutions.
Is TRUSTSOLUTIONS, LLC good value for taxpayer money?
TRUSTSOLUTIONS, LLC provides value through its diverse portfolio of contracts and competitive bidding practices. However, the lack of recent activity and detailed information on specific projects makes it challenging to fully assess the value provided to taxpayers. A more active and transparent approach to contract management could further enhance the value delivered.
How does TRUSTSOLUTIONS, LLC win its contracts?
TRUSTSOLUTIONS, LLC primarily wins contracts through competitive bidding, with a 100% competitive win rate. This indicates a strong reputation and consistent ability to deliver high-quality services that meet the stringent requirements of federal agencies.
What agencies use TRUSTSOLUTIONS, LLC most?
TRUSTSOLUTIONS, LLC has a moderate concentration of clients across various agencies, including the Department of Defense, Department of Homeland Security, and other federal entities. The company's relationships with these agencies are likely based on its ability to provide specialized IT and cybersecurity services.
What are the risks of relying on TRUSTSOLUTIONS, LLC?
The lack of recent contracts and detailed information on specific agencies and dependencies pose risks. The company's current activity and future prospects are uncertain, and the absence of sole-source contracts may suggest a lack of urgency or strategic focus in pursuing new opportunities.
How does TRUSTSOLUTIONS, LLC compare to similar contractors?
TRUSTSOLUTIONS, LLC holds a niche position in the federal contracting market, specializing in IT and cybersecurity services. While the company does not dominate any single area, it has established itself as a reliable partner for agencies seeking comprehensive IT solutions. The absence of sole-source contracts suggests a strong competitive position, as the company consistently secures contracts through open competition.
Recent Federal Contracts
Trustsolutions, LLC has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| HHS awards $97.3M contract to TRUSTSOLUTIONS, LLC for IT services over 10 years. | Department of Health and Human Services | $97.3M | N/A |
| HHS awarded $21M for medical supplies, with TrustSolutions LLC securing the c... | Department of Health and Human Services | $21.0M | N/A |