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NAICS 238290 · Other Building Equipment Contractors

Top GSA other building equipment contractors contractors

In the 12 months ending Oct 5, 2026, the General Services Administration obligated $22.8M in net prime contract dollars under NAICS 238290, down 15.6% from $27.1M in the preceding 12 months. 12 prime contractors received positive obligations, and 2 of them accounted for 80% of that spend.

Prime contracts funded by the General Services Administration. Latest 12 months: Oct 6, 2025 to Oct 5, 2026. Source: USAspending.gov.

Net obligations, latest 12 months
$22.8M
down 15.6% vs. $27.1M
Prime contractors
12
With positive obligations
Top 8 primes’ share
99.7%
Of positive obligations
Awards with activity
142
640 in the prior 12 months

Obligations by fiscal year

Net prime contract obligations by federal fiscal year (October to September).

FY2022
$21.5M
FY2023
$27.4M
FY2024
$34.6M
FY2025
$27.1M
FY2026
$22.8M

Top GSA contractors for NAICS 238290

Ranked by positive obligations in the latest 12 months. Share is of all positive obligations in this market.

Top contractors, GSA NAICS 238290
#ContractorLatest 12 moPrior 12 moShareRank change
1TK Elevator Corporation$15.7M$10.1M61.7%—
2Elevated Technologies Services, LLC$7.6M$8.8M29.7%—
3TK Elevator Corp$1.2M$806K4.6%▲ 2
4Kone Inc$332K$1.6M1.3%—
5Schindler Elevator Corporation$287K$61K1.1%▲ 8
6Chenega Mission Operations, LLC$163K$00.6%New
7Otis Elevator Company$108K$161K0.4%▲ 3
8Nugeneration Technologies LLC$40K$662K0.2%▼ 2
9The Murphy Elevator Co$30K$9K0.1%▲ 8
10Oracle Elevator Holdco, Inc.$19K$00.1%New
11Pinnacle Construction Development Group, Inc.$15K$00.1%New
12Armstrong Elevator Company$5K$4K0.0%▲ 6

What changed in the last 12 months

Contractors with the largest change in reported obligations versus the preceding 12 months.

Largest gains

  • TK Elevator Corporation
    $10.1M → $15.7M (+$5.6M) · now #1
  • TK Elevator Corp
    $806K → $1.2M (+$374K) · now #3
  • Schindler Elevator Corporation
    $61K → $287K (+$226K) · now #5

Largest declines

  • Vanguard Pacific LLC
    $3.0M → −$2.5M (−$5.6M) · no latest-period obligations
  • Kone Inc
    $1.6M → $332K (−$1.3M) · now #4
  • Elevated Technologies Services, LLC
    $8.8M → $7.6M (−$1.2M) · now #2

New to this market

2 contractors received their first obligations in this market (since FY2022) during the latest 12 months. The largest:

New contractors
ContractorFirst obligationLatest 12 mo
Oracle Elevator Holdco, Inc.Mar 10, 2026$19K
Pinnacle Construction Development Group, Inc.Dec 18, 2025$15K

Where the money comes from

Funding sub-agencies within the General Services Administration, latest 12 months. The funding organization can differ from the office that runs the requirement.

Funding sub-agencies
Funding sub-agencyLatest 12 moPrior 12 moChange
Public Buildings Service$22.8M$26.4MDown $3.6M (13.6%)
Federal Acquisition Service$40K$679KDown $639K (94.1%)

Potential recompetes

Large awards in this market whose current period of performance ends in the next 18 months. Treat these as research leads: options, extensions, and follow-on vehicles often change the timing.

Awards ending in the next 18 months
AwardIncumbentObligatedCurrent end
47PM0124C0014
Chenega Mission Operations, LLC
WILBUR WRIGHT FAA ELEVATOR MODERNIZATION DB AT 600 INDEPENDENCE AVENUE WASHINGTON, DC 20597
$5.7MNov 30, 2026
47PK0222F0020
Elevated Technologies Services, LLC
BASE YEAR CALL ORDER FOR VTE MAINTENANCE AT EAST BAY DELLUMS, OAKLAND, CA
$3.6MApr 30, 2027
47PC5126F0274
Elevated Technologies Services, LLC
ELEVATOR MODERNIZATION OF CARS 10 & 11 AT THE JOSEPH F. WEIS U.S. COURTHOUSE IN PITTSBURGH, PENNSYLVANIA. TOTAL AWARD AMOUNT IS $2,733,134.00. PERIOD OF PERFORMANCE IS 06/30/2026…
$2.7MJun 7, 2027
47PN1123F0020
TK Elevator Corporation
THIS AWARD RE-ESTABLISHES BPA CALL 47PD0321F0019 AGAINST BPA 47PD0321A0008 FOR MAINTENANCE SERVICE AT NCR GROUP 1 IN WASHINGTON, DC.
$3.0MJul 31, 2027
47PN1123F0019
TK Elevator Corporation
THIS AWARD RE-ESTABLISHES BPA CALL 47PD0321F0018 AGAINST BPA 47PD0321A0007 FOR MAINTENANCE SERVICE AT NCR GROUP 2 IN WASHINGTON, DC.
$6.3MJul 31, 2027
47PD0322F0040
TK Elevator Corporation
PROJECT AND LOCATION: BLANKET PURCHASE AGREEMENT CALL AT THE LAFAYETTE FEDERAL BUILDING, ELEVATOR SUPPORT SERVICES, ENGINEER COVERAGE, NCR GROUP 1, PERIOD OF PERFORMANCE…
$4.6MJul 31, 2027
47PN1123F0018
TK Elevator Corporation
BPA CALL NO. 47PN1123F0018 RE-ESTABLISHED BPA CALL NO. 47PD0321F0017, AGAINST ELEVATOR MAINTENANCE SERVICES BPA NO. 47PD0321A0006 AT NCR GROUP 1 IN WASHINGTON, DC
$3.3MJul 31, 2027
47PD5526F0302
Elevated Technologies Services, LLC
HI0011ZZ PJKK FEDERAL BUILDING HALEKAUWILA ELEVATOR BANK MODERNIZATION PHASE 2 IN HONOLULU, HI
$2.9MSep 30, 2027
47PB5126F0018
TK Elevator Corporation
ELEVATOR MODERNIZATION SERVICES FOR THE U.S. BOGGS COURTHOUSE IN WILMINGTON, DE.
$3.4MFeb 23, 2028
47PM0424F0018
TK Elevator Corporation
ELEVATOR MODERNIZATION LAFAYETTE, 811 VERMONT AVE. N.W. WASHINGTON D.C
$13.8MMar 5, 2028

Common questions

Who are the top GSA contractors for NAICS 238290?

In the latest 12 months, TK Elevator Corporation ($15.7M), Elevated Technologies Services, LLC ($7.6M), TK Elevator Corp ($1.2M) received the most GSA obligations for other building equipment contractors.

How concentrated is this market?

The eight largest primes held 99.7% of positive obligations, and TK Elevator Corporation alone held 61.7%. 2 contractors won their first obligations in this market during the latest 12 months.

Are any large GSA NAICS 238290 contracts ending soon?

10 of the largest awards in this market reach their current end date in the next 18 months. The first is 47PM0124C0014 (Chenega Mission Operations, LLC, $5.7M obligated), ending Nov 30, 2026. An end date is a research lead, not a confirmed recompete: options and extensions often move it.

Related markets

Figures are net obligations on prime contracts (award types A–D) from USAspending.gov, grouped by funding agency and the NAICS code on each award. Net obligations include deobligations and corrections, so they can differ from positive-obligation totals. See methodology.

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