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NAICS 236220 · Commercial and Institutional Building Construction

Top Treasury commercial and institutional building construction contractors

In the 12 months ending Oct 5, 2026, the Department of the Treasury obligated $90.0M in net prime contract dollars under NAICS 236220, up 109.8% from $42.9M in the preceding 12 months. 34 prime contractors received positive obligations, and 5 of them accounted for 80% of that spend.

Prime contracts funded by the Department of the Treasury. Latest 12 months: Oct 6, 2025 to Oct 5, 2026. Source: USAspending.gov.

Net obligations, latest 12 months
$90.0M
up 109.8% vs. $42.9M
Prime contractors
34
With positive obligations
Top 8 primes’ share
92.1%
Of positive obligations
Awards with activity
96
175 in the prior 12 months

Obligations by fiscal year

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

FY2022
$34.4M
FY2023
$43.3M
FY2024
$63.5M
FY2025
$42.5M
FY2026
$90.3M

Top Treasury contractors for NAICS 236220

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

Top contractors, Treasury NAICS 236220
#ContractorLatest 12 moPrior 12 moShareRank change
1Andercorp LLC$30.7M$033.6%New
2h2 Construction Inc$27.2M$2.3M29.8%▲ 4
3Constructure Inc$7.1M$5.7M7.8%▼ 1
4HPM, Inc.$6.2M$813K6.8%▲ 11
5Synthesis Inc$4.0M$528K4.3%▲ 13
6Frontline King George JV LLC$3.7M$9.5M4.1%▼ 5
7CCS King George 3 LLC$3.1M$03.4%New
8DCM Architecture & Engineering, LLC$2.1M$02.3%New
9Diamond Security, Inc.$1.7M$1.4M1.9%—
10Yukon Management, LLC$1.1M$3.0M1.2%▼ 5
11Midwestern Construction Services, Inc.$1.1M$01.2%New
12Meridien Group LLC$526K$00.6%New
13Capital Brand Group LLC$485K$00.5%New
14Monument Construction LLC$308K$7K0.3%▲ 44
15Structural Engineering Group Inc$253K$145K0.3%▲ 17

What changed in the last 12 months

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

Largest gains

  • Andercorp LLC
    $0 → $30.7M (+$30.7M) · now #1
  • h2 Construction Inc
    $2.3M → $27.2M (+$24.9M) · now #2
  • HPM, Inc.
    $813K → $6.2M (+$5.4M) · now #4

Largest declines

  • Frontline King George JV LLC
    $9.5M → $3.7M (−$5.8M) · now #6
  • AMR Construction LLC
    $4.8M → $212K (−$4.6M) · now #18
  • Valcorp Enterprises LLC
    $3.0M → $55K (−$3.0M) · now #26

New to this market

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

New contractors
ContractorFirst obligationLatest 12 mo
Andercorp LLCMay 29, 2026$30.7M
CCS King George 3 LLCNov 17, 2025$3.1M
Midwestern Construction Services, Inc.Oct 31, 2025$1.1M
Capital Brand Group LLCSep 29, 2026$485K
Town Center Construction, L.L.C.Dec 16, 2025$231K
Absolute RSD LLCSep 8, 2026$183K
Mjag Construction Services, LLCMay 22, 2026$82K
Square & LOT LLCSep 21, 2026$66K

Where the money comes from

Funding sub-agencies within the Department of the Treasury, 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
Internal Revenue Service$73.0M$9.8MUp $63.2M (645.6%)
Departmental Offices$6.2M$11.6MDown $5.4M (46.8%)
Bureau of Engraving and Printing$6.0M$17.6MDown $11.6M (65.9%)
Treasury Common Services Center$2.1M$0New
Office of the Inspector General for Tax Administration$1.3M$707KUp $609K (86.2%)
Bureau of the Fiscal Service$1.1M$3.0MDown $1.9M (62.8%)

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
2031ZA24F00620
Frontline King George JV LLC
PROVIDE ALL EXPERTISE, LABOR, TOOLS, MATERIALS, EQUIPMENT, AND SUPERVISION NECESSARY TO REPLACE EXISTING AIR HANDLERS (AHU) THROUGHOUT THE FACILITY.
$5.0MNov 2, 2026
2031ZA25F00167
Frontline King George JV LLC
THE CONTRACTOR SHALL PROVIDE ALL DESIGN, LABOR, TOOLS, EQUIPMENT, AND MATERIALS TO PREPARE THE SITES FOR OFFSET, FOIL, AND SCREEN PRESSES FOR THE THE WESTERN CURRENCY FACILITY…
$5.9MNov 13, 2026
47PD0224F0091
Edifice Group, Inc.
CONTRACT OBLIGATES FUNDS FOR SECURITY UPGRADES AT THE IRS ECC BUILDING IN KEARNEYSVILLE, WV. POP IS 365 DAYS.
$4.6MNov 23, 2026
2031ZA26C00033
CCS King George 3 LLC
INTAGLIO PRESS 14 AND 24 SITE PREPARATION.
$3.1MDec 31, 2026
47PM0325C0016
Yukon Management, LLC
DESIGN BUILD FISCAL SERVICE SPACE RENOVATIONS, IRS NEW CARROLLTON FEDERAL BUILDING 5000 ELLIN ROAD, LANHAM MD 20706
$4.2MJan 31, 2027
2031ZA26F00334
Frontline King George JV LLC
OFFSET 5 SITE PREPARATION
$3.0MMar 4, 2027
2032H326C00009
Constructure Inc
MAIN TREASURY VAULT CAFE RENOVATION PROJECT
$4.4MApr 12, 2027
2032H826F00028
HPM, Inc.
DESIGN AND CONSTRUCTION OF THE UNINTERRUPTABLE POWER SUPPLY (UPS) SYSTEM AT THE MEMPHIS, TN IRS FACILITY.
$6.2MApr 22, 2027
2023H226F00043
h2 Construction Inc
CPS OGDEN REMODEL.
$3.2MJan 8, 2028
47PC5326F0338
Synthesis Inc
GENERAL CONSTRUCTION SERVICES FOR THE VIDEO SURVEILLANCE SYSTEM UPGRADE FOR THE IRS SERVICE CENTER IN HOLTSVILLE, NY
$3.0MJan 28, 2028

Common questions

Who are the top Treasury contractors for NAICS 236220?

In the latest 12 months, Andercorp LLC ($30.7M), h2 Construction Inc ($27.2M), Constructure Inc ($7.1M) received the most Treasury obligations for commercial and institutional building construction.

How concentrated is this market?

The eight largest primes held 92.1% of positive obligations, and Andercorp LLC alone held 33.6%. 10 contractors won their first obligations in this market during the latest 12 months.

Are any large Treasury NAICS 236220 contracts ending soon?

10 of the largest awards in this market reach their current end date in the next 18 months. The first is 2031ZA24F00620 (Frontline King George JV LLC, $5.0M obligated), ending Nov 2, 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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