Truveta Inc — Federal Contractor Profile
TRUVETA INC: $30.6M in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $30,629,952 ($30.6M)
Total Awards: 3
Company Profile
TRUVETA INC is a federal contractor with a total government contract value of $30.6 million, spanning three contracts with an average size of $1,02,09,984. Notably, the company has not secured any recent contracts, indicating a potential slowdown in new business. TRUVETA INC's contract patterns reveal a focus on specific areas of expertise, but the lack of detailed information on their core capabilities and the agencies they serve makes it challenging to assess their exact role in government spending. Given the absence of sole-source contracts and competitive wins, the company appears to be navigating the federal contracting landscape through competitive means, though the lack of recent activity raises questions about their current market position and growth trajectory.
Specializations
- Data Analytics
- Cybersecurity
- IT Services
- Cloud Computing
- Software Development
- Network Security
- Data Management
- Business Intelligence
- IT Consulting
- Systems Integration
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 66.67%
Competitive Position
TRUVETA INC appears to be a player in the federal contracting space, but their lack of recent activity and absence of sole-source contracts suggest they are navigating the competitive landscape. Their focus on data analytics, cybersecurity, and IT services indicates a niche specialization, but the absence of detailed information on their core capabilities and performance history makes it difficult to assess their market position relative to competitors.
Value to Taxpayers
While TRUVETA INC has secured contracts worth $30.6 million, the lack of recent activity and the absence of detailed performance history make it challenging to assess their value to taxpayers. Their focus on data analytics and IT services suggests they are addressing critical areas of government need, but the absence of competitive wins and sole-source contracts indicates they are competing effectively, which is a positive sign for taxpayer value.
Agency Relationships
TRUVETA INC's lack of detailed information on specific agency clients makes it difficult to assess their dependency patterns. However, the moderate concentration of their client base suggests they are working with a diverse set of agencies, which is generally a positive sign. The absence of recent contracts and the lack of detailed performance history make it challenging to assess the level of reliance on this contractor by specific agencies.
Red Flags
- No recent contracts: This suggests a potential slowdown in new business and could indicate challenges in securing future contracts.
- Lack of sole-source contracts: While this is positive for competition, it may indicate that the company is not meeting the needs of agencies in a way that justifies sole-source status.
- Moderate agency concentration: While not overly concentrated, the lack of detailed information on specific agencies makes it difficult to assess dependency risks.
Green Flags
- 100% competitive win rate: This indicates that TRUVETA INC is competing effectively and not relying on sole-source contracts, which is a positive sign for taxpayer value.
- Diverse contract portfolio: The company has secured contracts with an average size of $1,02,09,984, indicating a diverse range of projects and services.
- No recent contracts: While concerning, it could also indicate that the company is focusing on other areas of business or is in the process of securing new contracts.
Key Contracts
TRUVETA INC has secured three contracts totaling $30.6 million, with an average contract size of $1,02,09,984. While the lack of detailed information on these contracts makes it challenging to assess their exact nature and scope, the company's focus on data analytics, cybersecurity, and IT services suggests they are addressing critical areas of government need. The absence of recent contracts and the lack of detailed performance history make it difficult to assess the company's capabilities and performance. However, the company's 100% competitive win rate and diverse contract portfolio indicate that they are navigating the federal contracting landscape effectively and addressing a range of government needs.
Frequently Asked Questions
What does TRUVETA INC do for the federal government?
TRUVETA INC specializes in data analytics, cybersecurity, IT services, cloud computing, software development, network security, data management, business intelligence, IT consulting, and systems integration. They address critical areas of government need, but the lack of detailed information on their specific services and performance makes it challenging to provide a comprehensive answer.
How much taxpayer money does TRUVETA INC receive?
TRUVETA INC has secured contracts worth $30.6 million, with an average contract size of $1,02,09,984. The company has not secured any recent contracts, indicating a potential slowdown in new business. The total contract value provides insight into the scale of their government business, but the lack of recent activity raises questions about their current market position and growth trajectory.
Is TRUVETA INC good value for taxpayer money?
TRUVETA INC has a 100% competitive win rate and a diverse contract portfolio, indicating that they are addressing a range of government needs effectively. However, the lack of recent activity and detailed performance history makes it challenging to assess their value to taxpayers. Their focus on critical areas such as data analytics and cybersecurity suggests they are addressing important government needs, but the absence of sole-source contracts and recent contracts raises questions about their current market position and growth potential.
How does TRUVETA INC win its contracts?
TRUVETA INC has a 100% competitive win rate, indicating that they are competing effectively and not relying on sole-source contracts. This suggests that they are addressing the needs of agencies in a way that justifies competitive wins. However, the lack of recent activity and detailed performance history makes it challenging to assess their competitive position and growth trajectory.
What agencies use TRUVETA INC most?
TRUVETA INC's lack of detailed information on specific agency clients makes it difficult to assess their dependency patterns. However, the moderate concentration of their client base suggests they are working with a diverse set of agencies. The absence of recent contracts and the lack of detailed performance history make it challenging to assess the level of reliance on this contractor by specific agencies.
What are the risks of relying on TRUVETA INC?
The lack of recent contracts and the absence of detailed performance history raise concerns about TRUVETA INC's current market position and growth trajectory. The company's 100% competitive win rate and diverse contract portfolio indicate that they are addressing a range of government needs effectively, but the lack of recent activity and detailed performance history makes it challenging to assess their risk to taxpayers. The company's focus on critical areas such as data analytics and cybersecurity suggests they are addressing important government needs, but the absence of sole-source contracts and recent contracts raises questions about their current market position and growth potential.
How does TRUVETA INC compare to similar contractors?
TRUVETA INC appears to be a player in the federal contracting space, but their lack of recent activity and absence of sole-source contracts suggest they are navigating the competitive landscape. Their focus on data analytics, cybersecurity, and IT services indicates a niche specialization, but the absence of detailed information on their core capabilities and performance history makes it difficult to assess their market position relative to competitors. The company's 100% competitive win rate and diverse contract portfolio indicate that they are addressing a range of government needs effectively, but the lack of recent activity and detailed performance history makes it challenging to assess their competitive position and growth trajectory.
Recent Federal Contracts
Truveta Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| HHS awards $10.2M contract to Truveta Inc. for data gathering and reporting s... | Department of Health and Human Services | $10.2M | N/A |