Carter Street Hotel Property Investment, LLC

Carter Street Hotel Property Investment, LLC, a for-profit limited liability partnership headquartered in Chattanooga, Tennessee, provides temporary lodging and meeting-space accommodations to the U.S. Navy Reserve, the Department of Agriculture Forest Service, and Navy Operational Support Centers as a prime contractor on full-and-open BPA agreements with no set-aside designation.

The vendor operates exclusively as a prime contractor (100% of recent awards) across a narrow customer base concentrated with the Department of the Navy Reserve. The Navy Reserve accounts for $1.4 million in combined potential value across three awards, representing the entirety of Carter Street's active federal footprint. The Department of Agriculture Forest Service Region 8 (Southern Region) placed one $39 thousand purchase order for meeting rooms and audio-visual equipment for a national new employee orientation event with ultimate completion in November 2024. Navy Operational Support Centers issued a $2,106 BPA call for NRC Chattanooga August berthing with performance in Chattanooga, Tennessee and ultimate completion date of August 10, 2026.

Carter Street holds three Blanket Purchase Agreements with the Navy Reserve for berthing accommodations for reservists in a drilling status, with ceiling values of $999,999 (ultimate completion September 30, 2024), $250,000 (September 30, 2025), and $150,000 (September 30, 2026). The vendor also sits on BPA N6835826A0017 under which one task order for $2,106 was issued. The combined potential value across all five awards stands at $1.4 million, with only $41 thousand obligated as of the source date (3% realization). Activity has remained flat at one to two awards annually since the first award in October 2023. The vendor's service portfolio is narrowly framed by NAICS 721110 (Hotels except Casino Hotels and Motels) and PSC codes for lodging and hotel/motel services, with one order for conference-space rental. All awards were procured on a full-and-open basis with no SBA set-aside designation.