Contractor · based in Minnesota
Preferred Electric, LLC: federal contracts won
UEI DFGXFLY7UM41
Numbers cover FY2021–FY2025 (Oct 2020 – Sep 2025). Data as of Oct 21, 2026; complete through Jul 13, 2026. Data status
Typical award won (median)
$41,751
The middle of 41 priced awards, FY2021–FY2025. Half were between $21.7k and $296k.
Typical bids faced
1
Median bids per award, reported for 22 of 22 competed awards. 82% drew only one bid.
Won as a small business
100%
Share of the 41 priced awards.
Median = the middle award: half were smaller, half were larger. Bids = how many offers the agency received.
What this means
- The middle construction & facilities award won by Preferred Electric, LLC was $41.8k (FY2021-FY2025, 41 priced awards).
- That is 21% lower than the median for all construction & facilities work nationwide ($52.8k).
- Competed awards drew a median of 1 offer (reported for 22 of 22).
- 82% of competed awards drew only one offer.
- Its most frequent buyer was VA Network Contracting Office 23 (31 priced awards in FY2021-FY2025).
- Tip 41% of these awards were task orders under multiple-award contracts (MATOCs). To compete for those, you first need a spot on one of the umbrella contracts.
- Tip 85% of awards with a reported set-aside were reserved for small businesses, so small firms were not bidding against large companies.
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Awards per year
- FY2025, the latest full year: no awards
- FY2026 is still being reported
Show the numbers
| Year | Awards | Median award |
|---|---|---|
| FY2016 | 2 | – |
| FY2017 | 3 | – |
| FY2018 | 3 | – |
| FY2019 | 3 | – |
| FY2020 | 9 | $31,568 |
| FY2021 | 9 | $37,456 |
| FY2022 | 8 | $25,082 |
| FY2023 | 14 | $128,539 |
| FY2024 | 10 | $176,400 |
| FY2025 | 0 | – |
| FY2026 (provisional) | 1 | – |
Award sizes
- Holds the median award, $41,751
Recent awards won
The latest 25 awards, newest first. Each contract number opens its official record on USAspending.gov.
| Project | How it was awarded | |||
|---|---|---|---|---|
| Mar 4, 2026 | Chiller Electrical Service 36C26326P0271 on USAspending (opens in a new tab) | $68,902 | 1 | Not competed Open to all |
| Sep 20, 2024 | 618-23-102, Correct Electrical Deficiencies- Design Build - Provide a Labor and Materials to Complete Work per Contract Documents. 36C26324C0080 on USAspending (opens in a new tab) | $4,685,645 | 1 | Competed Veteran-owned |
| Jul 5, 2024 | Emergency 618-24-204 Repair Building 47 - MPLS 36C26324N0708 on USAspending (opens in a new tab) | $264,292 | 1 | Order (multiple-award IDIQ) Veteran-owned |
| Jun 17, 2024 | Repair to Replace Balancing Valve on Cooling Tower #4 Located in BLDG 69 (Energy Center) at the Minneapolis VAMC. 36C26324P0882 on USAspending (opens in a new tab) | $5,300 | 1 | Not competed Open to all |
| May 16, 2024 | Artcc and Host Room Renovation 697DCK24C00209 on USAspending (opens in a new tab) | $749,616 | 1 | Not competed Open to all |
| Mar 19, 2024 | New Contract to Modernize the MSP Cab. Including New Consoles, Power, Ceiling and Carpet. 697DCK24C00137 on USAspending (opens in a new tab) | $2,677,545 | 1 | Not competed Open to all |
| Mar 5, 2024 | B619 Exhaust Fan W912LM24F0022 on USAspending (opens in a new tab) | $52,265 | 3 | Order (multiple-award IDIQ) Small business |
| Dec 15, 2023 | 618-24-116, Emergency Asbestos Abatement 36C26324N0370 on USAspending (opens in a new tab) | $9,580 | 1 | Order (multiple-award IDIQ) Veteran-owned |
| Dec 12, 2023 | Artcc Mechanical and Electrical Upgrades - Preferred SDVOSB Set Aside 697DCK24C00063 on USAspending (opens in a new tab) | $449,326 | 1 | Competed Open to all |
| Nov 28, 2023 | Low Voltage IDIQ for Ongoing Maintenance and Installation Needs at the Minneapolis VA Health Care System (VAHCS) - Task Order #15 36C26324N0307 on USAspending (opens in a new tab) Offers from IDIQ | $88,507 | 6 from the IDIQ | Order (single-award IDIQ) Veteran-owned |
| Oct 27, 2023 | The Contractor Must Provide All Labor, Tools, and Materials to Complete This Effort. In the Process of the Replacement Program, Obsolete Those Older Than UL 3RD Edition Devices, Regardless of Vendor Will Be Replaced with a Representative Set 6973GH24C00010 on USAspending (opens in a new tab) | $66,000 | 3 | Competed Small business |
| Sep 6, 2023 | Construction of hospitals and infirmaries 36C26323N0978 on USAspending (opens in a new tab) | $796,336 | 1 | Order (multiple-award IDIQ) Veteran-owned |
| Aug 25, 2023 | 618-22-106 Correct Mechanical Deficiencies FY22 36C26323N0993 on USAspending (opens in a new tab) | $7,167,373 | 1 | Order (multiple-award IDIQ) Veteran-owned |
| Aug 3, 2023 | Low Voltage IDIQ for Ongoing Maintenance and Installation Needs at the Minneapolis VA Health Care System (VAHCS)- Task Order #14 36C26323N0994 on USAspending (opens in a new tab) Offers from IDIQ | $32,419 | 6 from the IDIQ | Order (single-award IDIQ) Veteran-owned |
| May 25, 2023 | Low Voltage IDIQ for Ongoing Maintenance and Installation Needs at the Minneapolis VA Health Care System (VAHCS). Task Order #13 36C26323N0807 on USAspending (opens in a new tab) Offers from IDIQ | $26,251 | 6 from the IDIQ | Order (single-award IDIQ) Veteran-owned |
| May 22, 2023 | Liebert Unit Replacement W912LM23F0020 on USAspending (opens in a new tab) | $295,883 | 1 | Order (multiple-award IDIQ) Small business |
| May 18, 2023 | Emergency 618-23-204 Investigate Power Surges 36C26323N0800 on USAspending (opens in a new tab) | $141,351 | 1 | Order (multiple-award IDIQ) Veteran-owned |
| May 17, 2023 | Air Traffic Control Tower, Tracon, and Equipment Room Renovation at the Minneapolis-Saint Paul International Airport (MSP), Minneapolis, MN 697DCK23C00200 on USAspending (opens in a new tab) | $3,769,023 | 1 | Not competed Open to all |
| Feb 23, 2023 | Low Voltage IDIQ for Ongoing Maintenance and Installation Needs at the Minneapolis VA Health Care System (VAHCS) - Task Order #12 36C26323N0591 on USAspending (opens in a new tab) Offers from IDIQ | $11,480 | 6 from the IDIQ | Order (single-award IDIQ) Veteran-owned |
| Feb 15, 2023 | Facility Lighting Purchase Order 12445523P0012 on USAspending (opens in a new tab) | $24,438 | 11 | Competed Small business |
| Feb 14, 2023 | Minimum Guarantee for IDIQ Within Minnesota Construction Multiple Award Task Order Contract W912LM23F1006 on USAspending (opens in a new tab) | $2,000 | 1 | Order (multiple-award IDIQ) Small business |
| Jan 23, 2023 | Replace Building 70 Medical Vacuum 618-23-203 -Emergency 36C26323N0555 on USAspending (opens in a new tab) | $837,411 | 1 | Order (multiple-award IDIQ) Veteran-owned |
| Dec 20, 2022 | Install Nextgen WIFI per EHRM Guidelines. 36C26323N0387 on USAspending (opens in a new tab) | $169,393 | 1 | Order (multiple-award IDIQ) Veteran-owned |
| Dec 1, 2022 | Low Voltage IDIQ for Ongoing Maintenance and Installation Needs at the Minneapolis VA Health Care System (VAHCS) - Task Order #11 36C26323N0368 on USAspending (opens in a new tab) Offers from IDIQ | $24,096 | 6 from the IDIQ | Order (single-award IDIQ) Veteran-owned |
| Nov 9, 2022 | Project 618-23-200, Repair NFS Walk-in Freezer and Clean-Up 36C26323N0333 on USAspending (opens in a new tab) | $115,726 | 1 | Order (multiple-award IDIQ) Veteran-owned |
Value at award = the contract value when it was signed. Bids = offers received; "–" means not reported. Set-aside = reserved for a group, such as small or veteran-owned businesses. IDIQ = an umbrella contract; work under it is placed as task orders.
How the work was bought
Competition
Was the work open to bids?
- Order (multiple-award IDIQ) 17 (41%)
A task order placed under an IDIQ held by several companies, who competed for it.
- Order (single-award IDIQ) 14 (34%)
A task order under an IDIQ held by one company. No new competition, so it is left out of bid statistics.
- Competed 5 (12%)
A standalone contract that was open to bids.
- Not competed 5 (12%)
Sole-source: only one company was asked.
Set-asides
Set-aside = reserved for a group of businesses.
- Veteran-owned 29 (71%)
Reserved for service-disabled veteran-owned (SDVOSB) or veteran-owned (VOSB) small businesses.
- Small business 6 (15%)
Only small businesses could bid.
- Open to all 6 (15%)
No set-aside: any size of business could bid.
Umbrella contracts used here
Many jobs are placed as task orders under an IDIQ: an umbrella contract with no fixed amount. Only the companies holding it can get those orders. A "multiple-award" IDIQ is shared by several companies, who compete for each order. "–" = not reported.
| Contract | Type | Orders | Ordering ends |
|---|---|---|---|
| 36C26319D0093 | Multiple-award The IDIQ drew 10 offers | 14 | Sep 26, 2024 |
| 36C26320D0057 | Single-award The IDIQ drew 6 offers | 14 | Jun 30, 2025 |
| W912LM23D1006 | Multiple-award The IDIQ drew 9 offers | 3 | Feb 9, 2028 |
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