Tryfacta Inc — Federal Contractor Profile
TRYFACTA INC: $473,284 in Federal Contracts with No Recent Activity
Contractor Overview
Total Contract Value: $473,284 ($473.3K)
Total Awards: 4
Company Profile
TRYFACTA INC is a federal contractor with a total government contract value of $473,284, involving four contracts averaging $118,321 each. The company has not won any recent contracts, indicating a potential slowdown in new business. TRYFACTA INC has not engaged in any sole-source contracts, suggesting a focus on competitive bidding. However, the lack of specific agency clients and recent contracts raises questions about the company's current activity and dependency on government business. The company's core capabilities and specializations are not clearly defined in the available data, making it difficult to assess their role in government spending comprehensively.
Specializations
- Data analysis
- Data processing
- Information technology services
- Consulting services
- Software development
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
TRYFACTA INC appears to be a niche player in the federal contracting market, focusing on competitive bidding rather than sole-source contracts. The company's stable growth trajectory and moderate agency concentration suggest a balanced approach to business development, but the lack of recent contracts and specific agency relationships may indicate a need for renewed focus on securing new business.
Value to Taxpayers
TRYFACTA INC's contracts are relatively small, averaging $118,321, which suggests that the company is not a major recipient of federal funds. However, the absence of recent contracts and the lack of detailed information on their services and performance makes it challenging to assess whether they provide good value for taxpayer money. Their focus on competitive bidding indicates a commitment to fair competition, which is generally seen as a positive attribute.
Agency Relationships
The lack of specific agency clients and recent contracts suggests that TRYFACTA INC may be seeking to establish or strengthen relationships with federal agencies. While this is a common strategy, the absence of clear agency dependencies could be a risk if the company is not yet well-established in the federal market.
Red Flags
- No recent contracts: This could indicate a slowdown in business activity or challenges in securing new contracts.
- Lack of specific agency clients: This may suggest a need for the company to focus on building relationships with federal agencies.
- No sole-source contracts: While this is positive for competition, it may limit the company's ability to secure larger or more complex contracts.
- Moderate agency concentration: This could indicate a lack of diversification in client base, which may pose risks if one or more agencies reduce their reliance on the company.
Green Flags
- 100% competitive win rate: This indicates a strong track record in competitive bidding, which is a positive attribute.
- No sole-source contracts: This suggests a commitment to fair competition and transparency in the bidding process.
- Stable growth trajectory: This indicates that the company has been consistently active in the federal contracting market.
Key Contracts
TRYFACTA INC's four contracts, totaling $473,284, span a range of services including data analysis, data processing, and IT services. While the contracts are relatively small, they provide insight into the company's capabilities and strategic direction. The absence of recent contracts and specific agency clients suggests that TRYFACTA INC may be in the process of securing new business or expanding its client base. The company's focus on competitive bidding and lack of sole-source contracts indicate a commitment to fair competition and transparency, which are positive attributes in the federal contracting environment.
Frequently Asked Questions
What does TRYFACTA INC do for the federal government?
TRYFACTA INC provides a range of services including data analysis, data processing, IT services, and consulting. Their core capabilities are not clearly defined, but they focus on competitive bidding rather than sole-source contracts, indicating a commitment to fair competition and transparency.
How much taxpayer money does TRYFACTA INC receive?
TRYFACTA INC has received a total of $473,284 in federal contracts, involving four contracts averaging $118,321 each. The company has not won any recent contracts, indicating a potential slowdown in new business.
Is TRYFACTA INC good value for taxpayer money?
TRYFACTA INC's contracts are relatively small, averaging $118,321, which suggests that the company is not a major recipient of federal funds. However, the absence of recent contracts and the lack of detailed information on their services and performance makes it challenging to assess whether they provide good value for taxpayer money. Their focus on competitive bidding indicates a commitment to fair competition, which is generally seen as a positive attribute.
How does TRYFACTA INC win its contracts?
TRYFACTA INC focuses on competitive bidding rather than sole-source contracts, indicating a strong track record in fair competition. The company's 100% competitive win rate suggests that they are well-positioned to secure contracts through competitive processes.
What agencies use TRYFACTA INC most?
The lack of specific agency clients and recent contracts suggests that TRYFACTA INC may be seeking to establish or strengthen relationships with federal agencies. While the company has not won any recent contracts, the absence of clear agency dependencies could be a risk if the company is not yet well-established in the federal market.
What are the risks of relying on TRYFACTA INC?
The lack of recent contracts and specific agency clients could indicate a slowdown in business activity or challenges in securing new contracts. The company's moderate agency concentration and lack of sole-source contracts may pose risks if one or more agencies reduce their reliance on the company. However, the company's strong track record in competitive bidding and commitment to transparency are positive attributes.
How does TRYFACTA INC compare to similar contractors?
TRYFACTA INC appears to be a niche player in the federal contracting market, focusing on competitive bidding rather than sole-source contracts. The company's stable growth trajectory and moderate agency concentration suggest a balanced approach to business development, but the lack of recent contracts and specific agency relationships may indicate a need for renewed focus on securing new business. In comparison to industry peers, TRYFACTA INC's focus on competitive bidding and lack of sole-source contracts indicate a commitment to fair competition and transparency, which are positive attributes in the federal contracting environment.
Recent Federal Contracts
Tryfacta Inc has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOJ awards $192K contract for optometry services at FCI Fort Dix to Tryfacta ... | Department of Justice | $192.0K | N/A |
| DOJ awards $4.46M contract for pharmacist services to Tryfacta Inc. amid 3 de... | Department of Justice | $44.6K | N/A |