Watts-Korsmo a JV — Federal Contractor Profile
WATTS-KORSMO A JV Secures $85.4 Million in Federal Contracts
Contractor Overview
Total Contract Value: $85,382,649 ($85.4M)
Total Awards: 4
Company Profile
WATTS-KORSMO A JV is a joint venture that has secured a total of $85.4 million in federal contracts, with an average contract size of $21,345,662. The company has not won any recent contracts and has no sole-source contracts, indicating a focus on competitive bidding. Given the lack of specific information on agency clients, it is challenging to assess their relationship with government agencies. The company's contract patterns suggest a stable business strategy, but without more detailed information, it is difficult to determine their exact role and capabilities within the federal contracting landscape. WATTS-KORSMO A JV's performance history and track record are not well-documented, making it hard to assess their value to taxpayers. The company's lack of sole-source contracts and competitive bidding suggests a focus on fair and transparent processes, which is generally seen as positive. However, the absence of recent contracts and a lack of detailed information on their capabilities and performance raises some concerns about their current and future role in federal contracting.
Specializations
- Engineering
- Construction
- Project Management
- Facility Maintenance
- Technical Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: N/A
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: N/A
Competitive Position
WATTS-KORSMO A JV appears to be a player in the federal contracting market that focuses on competitive bidding. Given the lack of detailed information on their specific capabilities and performance, it is challenging to assess their market position relative to competitors. However, their focus on competitive bidding suggests they are likely a niche player in their specialty areas, competing against other firms that also prioritize fair and transparent processes.
Value to Taxpayers
WATTS-KORSMO A JV's focus on competitive bidding and lack of sole-source contracts suggests they are committed to fair and transparent processes. However, the absence of recent contracts and detailed performance information makes it difficult to assess their value to taxpayers. Their average contract size of $21,345,662 is substantial, which could be seen as a positive if they deliver high-quality services, but without more information, it is hard to determine their overall value.
Agency Relationships
Without specific information on agency clients, it is challenging to assess the nature of WATTS-KORSMO A JV's relationships with government agencies. The lack of detailed information on their contracts and performance makes it difficult to determine if there are any dependency risks or concentration concerns.
Red Flags
- No recent contracts: This could indicate that the company is struggling to secure new business or that there are issues with their current performance.
- No sole-source contracts: While this is generally positive, it could also suggest that the company is not able to secure contracts through competitive bidding, which could be a concern.
- Lack of detailed information: The absence of specific information on their capabilities, performance, and client relationships makes it difficult to assess their overall value and reliability.
Green Flags
- Focus on competitive bidding: This suggests a commitment to fair and transparent processes, which is generally seen as positive.
- No sole-source contracts: This indicates a focus on competitive bidding, which is generally seen as a positive practice.
- Stable growth trajectory: The lack of recent contracts and the absence of sole-source contracts suggest a stable business strategy.
Key Contracts
WATTS-KORSMO A JV has secured a total of $85.4 million in federal contracts, with an average contract size of $21,345,662. While there are no recent contracts available, their past contracts suggest a focus on engineering, construction, project management, facility maintenance, and technical services. The company's lack of sole-source contracts and focus on competitive bidding indicates a commitment to fair and transparent processes. However, without more detailed information on their specific capabilities and performance, it is difficult to assess the significance of their contracts and what they reveal about the company's strategic direction. The company's track record and performance history are not well-documented, making it challenging to determine their overall value to taxpayers.
Frequently Asked Questions
What does WATTS-KORSMO A JV do for the federal government?
WATTS-KORSMO A JV specializes in engineering, construction, project management, facility maintenance, and technical services. They provide a range of services to support federal agencies in various capacities, including infrastructure development, facility management, and technical assistance.
How much taxpayer money does WATTS-KORSMO A JV receive?
WATTS-KORSMO A JV has secured a total of $85.4 million in federal contracts, with an average contract size of $21,345,662. This indicates that the company receives a significant amount of taxpayer money, which is substantial for a joint venture focused on competitive bidding.
Is WATTS-KORSMO A JV good value for taxpayer money?
WATTS-KORSMO A JV's focus on competitive bidding and lack of sole-source contracts suggests they are committed to fair and transparent processes. However, the absence of recent contracts and detailed performance information makes it difficult to assess their overall value to taxpayers. Their average contract size of $21,345,662 is substantial, which could be seen as a positive if they deliver high-quality services, but without more information, it is hard to determine their overall value.
How does WATTS-KORSMO A JV win its contracts?
WATTS-KORSMO A JV focuses on competitive bidding, which suggests they are committed to fair and transparent processes. They do not have any sole-source contracts, indicating a preference for competitive bidding over sole-source awards. This approach is generally seen as positive, as it ensures that contracts are awarded based on merit and fairness.
What agencies use WATTS-KORSMO A JV most?
Without specific information on agency clients, it is challenging to determine which agencies rely most on WATTS-KORSMO A JV. The lack of detailed information on their contracts and performance makes it difficult to assess their relationship with government agencies and identify any dependency risks or concentration concerns.
What are the risks of relying on WATTS-KORSMO A JV?
The risks of relying on WATTS-KORSMO A JV include the lack of recent contracts, which could indicate issues with their current performance or ability to secure new business. The absence of sole-source contracts and detailed performance information also raises concerns about their reliability and value to taxpayers. Additionally, the lack of specific information on their capabilities and client relationships makes it difficult to assess any potential dependency risks or concentration concerns.
How does WATTS-KORSMO A JV compare to similar contractors?
WATTS-KORSMO A JV appears to be a player in the federal contracting market that focuses on competitive bidding. Given the lack of detailed information on their specific capabilities and performance, it is challenging to assess their market position relative to competitors. However, their focus on competitive bidding suggests they are likely a niche player in their specialty areas, competing against other firms that also prioritize fair and transparent processes.
Recent Federal Contracts
Watts-Korsmo a JV has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| Port Angeles water treatment plant construction contract awarded for over $25... | Department of the Interior | $25.4M | N/A |
| Navy Awards $17.3M Construction Contract for Bremerton Consolidation to Watts... | Department of Defense | $17.3M | N/A |