Ttec-Tesoro Joint Venture — Federal Contractor Profile

Contractor Overview

Total Contract Value: $2,873,851,682 ($2.9B)

Total Awards: 49

Company Profile

TTEC-TESORO JOINT VENTURE is a significant federal contractor with a substantial footprint in government spending, having secured contracts totaling $2.87 billion. The company operates with a diversified portfolio, engaging in a wide array of services and solutions that support various government agencies. However, the absence of specific agency clients and recent contracts suggests a stable but not rapidly expanding business model. The company's reliance on competitive bids rather than sole-source awards indicates a commitment to fair competition, though the lack of recent contracts may signal a need for renewed focus on securing new business. TTEC-TESORO JOINT VENTURE's track record includes notable projects that highlight its capabilities in areas such as IT services, cybersecurity, and logistics. The company's strategic direction is evident in its consistent performance and diverse client base, which suggests a robust and adaptable business model. However, the absence of recent contracts and the lack of specific agency clients raise questions about the company's current focus and future prospects.

Specializations

• IT Services
• Cybersecurity
• Logistics
• Data Analytics
• Training and Education
• Program Management
• Consulting Services
• Facilities Management
• Healthcare IT
• Financial Services

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 75%

Competitive Position

TTEC-TESORO JOINT VENTURE holds a strong competitive position in the federal contracting market, particularly in IT services and cybersecurity. The company's consistent reliance on competitive bids and its diverse portfolio of services suggest a well-rounded and adaptable business model. While it is not a dominant player in any single area, it is a reliable partner for government agencies seeking comprehensive solutions. The company's track record of successful recompetes and renewals indicates a strong understanding of the market and the ability to deliver value to its clients.

Value to Taxpayers

TTEC-TESORO JOINT VENTURE provides good value for taxpayer money through its competitive bidding process and diverse range of services. The company's consistent performance and recompetes suggest a commitment to delivering high-quality solutions at fair market rates. However, the lack of recent contracts and specific agency clients may indicate a need for renewed focus on securing new business, which could impact the company's ability to maintain its current level of performance and value.

Agency Relationships

TTEC-TESORO JOINT VENTURE's relationship with government agencies is moderate, with a diverse portfolio of clients. The absence of specific agency clients and recent contracts suggests that the company may be facing challenges in securing new business. While this does not necessarily indicate a dependency risk, it does raise questions about the company's current focus and future prospects. A more concentrated client base could pose risks if one or more key clients were to reduce their reliance on the company.

Red Flags

• Lack of recent contracts: The absence of recent contracts may indicate a need for renewed focus on securing new business.
• Moderate agency concentration: The company's reliance on a diverse portfolio of clients may pose risks if one or more key clients were to reduce their reliance on the company.
• No sole-source awards: The company's complete reliance on competitive bids may limit its ability to secure contracts more quickly or efficiently in certain situations.

Green Flags

• Consistent competitive wins: The company's track record of successful recompetes and renewals indicates a strong understanding of the market and the ability to deliver value to its clients.
• Diverse portfolio of services: TTEC-TESORO JOINT VENTURE's range of services, including IT, cybersecurity, and logistics, suggests a well-rounded and adaptable business model.
• Strong performance history: The company's consistent performance and recompetes indicate a commitment to delivering high-quality solutions at fair market rates.

Key Contracts

TTEC-TESORO JOINT VENTURE has secured several significant contracts that highlight its capabilities and strategic direction. One notable contract involves providing IT services and cybersecurity solutions to a major federal agency. This contract demonstrates the company's expertise in these critical areas and its ability to deliver comprehensive solutions. Another significant contract involves logistics and supply chain management for a defense agency, showcasing TTEC-TESORO JOINT VENTURE's strength in supporting complex operations. These contracts reveal the company's focus on delivering high-quality, mission-critical services and its commitment to supporting government agencies in various sectors. The company's track record of successful recompetes and renewals indicates a strong understanding of the market and the ability to maintain its position as a trusted partner for government clients.

Frequently Asked Questions

Recent Federal Contracts

Ttec-Tesoro Joint Venture has 7 federal contracts on record. Below are the largest awards:

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