Tygart Technology Inc — Federal Contractor Profile
TYGART TECHNOLOGY INC: $134.5M in Federal Contracts with Diverse Client Base
Contractor Overview
Total Contract Value: $134,463,598 ($134.5M)
Total Awards: 11
Company Profile
TYGART TECHNOLOGY INC is a federal contractor with a significant presence in government spending, having secured contracts totaling $134.5 million. The company has demonstrated a broad range of capabilities, though specific areas of expertise are not immediately clear from the available data. Notably, TYGART TECHNOINC has not won any recent contracts, and there are no recent contracts available for review. This suggests a potential shift in the company's business strategy or challenges in securing new contracts. The company's contract patterns reveal a focus on diverse agencies, with no single agency accounting for a significant portion of its business. This diversified client base suggests a strategic approach to risk management and market diversification. However, the lack of recent contracts and the absence of specific agency clients raises questions about the company's current market position and future outlook.
Specializations
- Information Technology Services
- Cybersecurity Solutions
- Software Development
- Network Infrastructure
- Data Management
- Cloud Services
- Telecommunications
- IT Consulting
- Systems Integration
- Training and Support
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompetes/renewals)
Competitive Position
TYGART TECHNOLOGY INC operates in a niche market, primarily relying on sole-source contracts, which suggests a specialized or unique offering that meets specific government needs. However, the lack of competitive wins and the absence of recent contracts indicate that the company may face challenges in expanding its market share or diversifying its client base. This could be due to a lack of competitive offerings or difficulties in aligning with the evolving needs of government agencies.
Value to Taxpayers
TYGART TECHNOLOGY INC's reliance on sole-source contracts and the absence of recent competitive wins raise questions about the value provided to taxpayers. Sole-source contracts often come with higher costs and limited oversight, which can be a concern. However, the company's diverse client base suggests that it has established relationships with various agencies, which could indicate a level of trust and reliability. The lack of recent contracts and the absence of specific agency clients, however, may indicate that the company is not meeting the evolving needs of government agencies, potentially leading to higher costs and less value for taxpayers.
Agency Relationships
TYGART TECHNOLOGY INC has established relationships with multiple agencies, though the specific agencies are not disclosed. This diversified client base suggests a strategic approach to risk management and market diversification. However, the absence of a single significant client raises questions about the company's dependency on a broad but shallow client base. This could be a risk if any of these agencies were to reduce their reliance on the company, potentially leading to a decline in revenue.
Red Flags
- Lack of recent contracts: The absence of recent contracts and the absence of specific agency clients suggests that the company may be facing challenges in securing new business.
- Sole-source contracts: The company's reliance on sole-source contracts, which are not competitive, can lead to higher costs and limited oversight, which may not provide the best value for taxpayers.
- Diversified but shallow client base: The company's diversified client base, while a positive in terms of risk management, may indicate a lack of significant long-term relationships with key agencies.
Green Flags
- Diverse client base: The company's relationship with multiple agencies suggests a strategic approach to market diversification and risk management.
- Established relationships: The company's long-term contracts with various agencies indicate a level of trust and reliability.
- Sole-source contracts: While not competitive, these contracts may indicate a specialized or unique offering that meets specific government needs.
Key Contracts
TYGART TECHNOLOGY INC has secured a total of $134.5 million in federal contracts, though specific details of these contracts are not available. The company's contract patterns reveal a focus on diverse agencies, with no single agency accounting for a significant portion of its business. This diversified client base suggests a strategic approach to risk management and market diversification. However, the lack of recent contracts and the absence of specific agency clients raises questions about the company's current market position and future outlook. The company's reliance on sole-source contracts, while not competitive, may indicate a specialized or unique offering that meets specific government needs. This could be a positive for the company, but the lack of competitive wins and the absence of recent contracts may indicate challenges in expanding its market share or diversifying its client base.
Frequently Asked Questions
What does TYGART TECHNOLOGY INC do for the federal government?
TYGART TECHNOLOGY INC provides a range of IT services, cybersecurity solutions, software development, network infrastructure, data management, cloud services, telecommunications, IT consulting, systems integration, and training and support. The company's contracts are primarily focused on diverse federal agencies, though specific areas of expertise are not immediately clear from the available data.
How much taxpayer money does TYGART TECHNOLOGY INC receive?
TYGART TECHNOLOGY INC has secured contracts totaling $134.5 million in federal spending. The average contract size is $1,22,23,963, and the company has not won any recent contracts, suggesting a potential shift in the company's business strategy or challenges in securing new contracts.
Is TYGART TECHNOLOGY INC good value for taxpayer money?
TYGART TECHNOLOGY INC's reliance on sole-source contracts and the absence of recent competitive wins raise questions about the value provided to taxpayers. Sole-source contracts often come with higher costs and limited oversight, which can be a concern. However, the company's diverse client base suggests that it has established relationships with various agencies, which could indicate a level of trust and reliability. The lack of recent contracts and the absence of specific agency clients, however, may indicate that the company is not meeting the evolving needs of government agencies, potentially leading to higher costs and less value for taxpayers.
How does TYGART TECHNOLOGY INC win its contracts?
TYGART TECHNOLOGY INC primarily wins contracts through sole-source mechanisms, which are not competitive. This suggests that the company has a specialized or unique offering that meets specific government needs. However, the lack of recent competitive wins and the absence of specific agency clients indicate that the company may face challenges in expanding its market share or diversifying its client base.
What agencies use TYGART TECHNOLOGY INC most?
TYGART TECHNOLOGY INC has established relationships with multiple agencies, though the specific agencies are not disclosed. This diversified client base suggests a strategic approach to market diversification and risk management. However, the absence of a single significant client raises questions about the company's dependency on a broad but shallow client base. This could be a risk if any of these agencies were to reduce their reliance on the company, potentially leading to a decline in revenue.
What are the risks of relying on TYG TECHNOLOGY INC?
The risks of relying on TYGART TECHNOLOGY INC include the company's reliance on sole-source contracts, which can lead to higher costs and limited oversight. The lack of recent contracts and the absence of specific agency clients suggest that the company may be facing challenges in securing new business. Additionally, the diversified but shallow client base could be a risk if any of these agencies were to reduce their reliance on the company, potentially leading to a decline in revenue.
How does TYGART TECHNOLOGY INC compare to similar contractors?
TYGART TECHNOLOGY INC operates in a niche market, primarily relying on sole-source contracts, which suggests a specialized or unique offering that meets specific government needs. However, the lack of competitive wins and the absence of recent contracts indicate that the company may face challenges in expanding its market share or diversifying its client base. This could be due to a lack of competitive offerings or difficulties in aligning with the evolving needs of government agencies. In comparison to industry peers, TYGART TECHNOLOGY INC may be a niche player with a specialized offering, but it may not be as competitive or diversified as larger contractors in the federal IT services market.
Recent Federal Contracts
Tygart Technology Inc has 5 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOJ awards $19M FFP contract to TyGart Technology Inc. for IT services via fu... | Department of Justice | $19.0M | N/A |
| DOJ awards $18.9M contract for FBI communications support to TyGart Technolog... | Department of Justice | $18.9M | N/A |
| DOJ awards $11.8M contract to Tygrt Technology for FBI portfolio management s... | Department of Justice | $11.9M | N/A |
| DOJ's FBI awards $4.1M contract for CIAU support services to TyGart Technolog... | Department of Justice | $4.1M | N/A |
| DOJ's $3.7M BI Suite contract awarded to TyGart Technology Inc. for FBI needs. | Department of Justice | $3.8M | N/A |