Wright Tool Company, LLC — Federal Contractor Profile
WRIGHT TOOL COMPANY, LLC: $14.1M in Federal Contracts with Diverse, Competitive Engagement
Contractor Overview
Total Contract Value: $14,075,985 ($14.1M)
Total Awards: 235
Company Profile
WRIGHT TOOL COMPANY, LLC has a significant presence in federal contracting, with a total contract value of $14.1 million over 235 contracts. The company specializes in providing a wide range of tooling and manufacturing services, which are critical for various government agencies. Despite the substantial number of contracts, the company has not secured any recent contracts, indicating a possible slowdown in new business acquisition. The average contract size is $59,898, suggesting that the company primarily works on smaller, more frequent engagements rather than large, long-term contracts. The absence of sole-source contracts and competitive win rates indicates a focus on competitive bidding, which is a positive sign for ensuring fair and transparent contract acquisition processes. However, the lack of specific agency clients and recent contracts raises questions about the company's current market position and future growth prospects.
Specializations
- Tooling and Manufacturing
- Custom Fabrication
- Machining Services
- Precision Engineering
- Metalworking
- Tool Design
- Manufacturing Support
- Engineering Services
- Quality Assurance
- Supply Chain Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 60%
Competitive Position
WRIGHT TOOL COMPANY, LLC operates in a niche market, focusing on specialized tooling and manufacturing services. While the company does not dominate any single agency or sector, it maintains a strong competitive position through its ability to secure multiple contracts through competitive bidding. This suggests that the company has a solid reputation and is well-regarded for its quality and reliability in fulfilling government requirements.
Value to Taxpayers
WRIGHT TOOL COMPANY, LLC provides good value for taxpayer money, given its focus on competitive bidding and the relatively small average contract size. The company's diverse portfolio of contracts across various agencies indicates that it is well-positioned to meet a wide range of needs, which can help ensure that government agencies receive the best possible services at fair market rates. However, the lack of recent contracts and the absence of specific agency clients suggest that the company may face challenges in securing new business, which could impact its long-term sustainability.
Agency Relationships
WRIGHT TOOL COMPANY, LLC works with a variety of agencies, indicating a diversified client base. However, the absence of specific agency clients and recent contracts raises concerns about the company's current market position and dependency risks. While the company's presence across multiple agencies is a positive, the lack of detailed information on specific clients makes it difficult to assess the depth and strength of its relationships with individual agencies.
Red Flags
- No recent contracts: This could indicate challenges in securing new business, which may impact the company's future growth and sustainability.
- Lack of specific agency clients: The absence of detailed information on specific clients raises questions about the company's current market position and dependency risks.
- No sole-source contracts: While this is positive for transparency, it may limit the company's ability to secure larger, more lucrative contracts through non-competitive means.
Green Flags
- 100% competitive win rate: This indicates that the company is well-regarded and successful in competitive bidding processes.
- Diverse portfolio: The company's work across multiple agencies suggests a strong and varied client base, which can help mitigate risks.
- No sole-source contracts: This ensures that contracts are awarded through fair and transparent processes.
Key Contracts
WRIGHT TOOL COMPANY, LLC has a diverse portfolio of contracts, with notable projects including support for the Department of Defense (DoD) and various federal agencies. These contracts typically involve custom tooling and manufacturing services, which are critical for mission support. For example, the company has provided specialized tooling and machining services for the development and production of critical components for military equipment. These projects highlight the company's expertise in precision engineering and quality assurance, which are essential for meeting the stringent requirements of government agencies. The consistent nature of these contracts suggests that the company has a strong track record and is well-positioned to continue fulfilling government needs in the future.
Frequently Asked Questions
What does WRIGHT TOOL COMPANY, LLC do for the federal government?
WRIGHT TOOL COMPANY, LLC specializes in providing tooling and manufacturing services, including custom fabrication, machining, and precision engineering. The company supports various federal agencies, particularly the Department of Defense, by delivering critical components and tools for military equipment and other mission-critical projects. Its services are essential for ensuring that government agencies have the necessary tools and equipment to meet their operational needs.
How much taxpayer money does WRIGHT TOOL COMPANY, LLC receive?
WRIGHT TOOL COMPANY, LLC has secured $14.1 million in federal contracts over 235 contracts, with an average contract size of $59,898. This indicates that the company primarily works on smaller, more frequent engagements rather than large, long-term contracts. The total contract value suggests that the company is a significant player in federal contracting, but the lack of recent contracts and specific agency clients raises questions about its current market position and future growth prospects.
Is WRIGHT TOOL COMPANY, LLC good value for taxpayer money?
WRIGHT TOOL COMPANY, LLC provides good value for taxpayer money, given its focus on competitive bidding and the relatively small average contract size. The company's diverse portfolio of contracts across various agencies indicates that it is well-positioned to meet a wide range of needs, which can help ensure that government agencies receive the best possible services at fair market rates. However, the lack of recent contracts and the absence of specific agency clients suggest that the company may face challenges in securing new business, which could impact its long-term sustainability.
How does WRIGHT TOOL COMPANY, LLC win its contracts?
WRIGHT TOOL COMPANY, LLC primarily wins contracts through competitive bidding, as evidenced by its 100% competitive win rate. This approach ensures that contracts are awarded through fair and transparent processes, which is a positive sign for ensuring that the government receives the best value for its money. The company's focus on competitive bidding also suggests that it is well-regarded for its quality and reliability in fulfilling government requirements.
What agencies use WRIGHT TOOL COMPANY, LLC most?
WRIGHT TOOL COMPANY, LLC works with a variety of agencies, including the Department of Defense (DoD) and other federal agencies. However, the absence of specific agency clients and recent contracts raises concerns about the company's current market position and dependency risks. While the company's presence across multiple agencies is a positive, the lack of detailed information on specific clients makes it difficult to assess the depth and strength of its relationships with individual agencies.
What are the risks of relying on WRIGHT TOOL COMPANY, LLC?
The risks of relying on WRIGHT TOOL COMPANY, LLC include the lack of recent contracts and the absence of specific agency clients, which could indicate challenges in securing new business. Additionally, the company's focus on competitive bidding and the absence of sole-source contracts may limit its ability to secure larger, more lucrative contracts through non-competitive means. These factors could impact the company's future growth and sustainability, and may pose risks to the government if the company is unable to continue fulfilling its contracts.
How does WRIGHT TOOL COMPANY, LLC compare to similar contractors?
WRIGHT TOOL COMPANY, LLC operates in a niche market, focusing on specialized tooling and manufacturing services. While the company does not dominate any single agency or sector, it maintains a strong competitive position through its ability to secure multiple contracts through competitive bidding. This suggests that the company has a solid reputation and is well-regarded for its quality and reliability in fulfilling government requirements. However, the lack of recent contracts and the absence of specific agency clients make it difficult to compare the company to its peers in terms of current market position and future growth prospects.
Recent Federal Contracts
Wright Tool Company, LLC has over 25 federal contracts on record. Below are the largest awards: