Colonial Parking, Inc.

Colonial Parking, Inc., a subsidiary of The Forge Company, is a family-owned parking services provider based in the Washington, D.C. metropolitan area that specializes in delivering comprehensive parking solutions to federal agencies. The company operates over 225 parking facilities throughout the region and has established itself as a primary competitive vendor for federal parking needs through consistent, non-set-aside contract awards across multiple civilian agencies. Colonial Parking serves as a prime contractor for the federal government, providing leased parking spaces, parking facility management, permit issuance services, and temporary parking accommodations to support federal agency operations in the nation's capital.

Colonial Parking has received an extensive portfolio of federal contract awards spanning from 2021 through January 2026, demonstrating its established role as a critical parking services provider across numerous civilian agencies. The company has delivered reserved and unreserved parking spaces, commercial parking space leasing, parking permit management, and temporary parking accommodations during facility renovations to agencies including the Executive Office of the President, U.S. Secret Service, Department of Justice, Department of Veterans Affairs, Small Business Administration, Federal Emergency Management Agency, Department of Homeland Security, International Trade Commission, Federal Trade Commission, Food and Drug Administration, Peace Corps, Financial Crimes Enforcement Network, and multiple other federal entities. Contract values have ranged from small purchase orders valued under $3,000 for individual parking spaces to major definitive contracts exceeding $12 million, such as the $12.3 million contract with the Department of Justice for 135 parking permits at the Tax Division facility and the $4.66 million contract with the Justice Management Division for parking permits at 1100 L Street. Colonial Parking has consistently competed on an open, non-set-aside basis across all awarded contracts, competing solely on the basis of service capabilities and pricing. The company has served as a prime contractor on all identified federal contracts, managing direct relationships with federal agencies without requiring subcontractor support for core parking delivery services, though the company maintains the flexibility to utilize subcontractors as needed.

Colonial Parking currently holds three significant Blanket Purchase Agreements (BPAs) as Indefinite Delivery Vehicles, providing flexible procurement mechanisms for federal agencies to obtain parking services on an as-needed basis. The most substantial IDV is a $6 million BPA awarded by the Executive Office of the President with a performance period through December 31, 2027, which supports parking requirements for multiple component agencies including the Office of the U.S. Trade Representative, Office of National Drug Control Policy, and Office of Administration, with task orders ranging from approximately $49,000 to $683,000. The company also holds a $5.357 million BPA awarded by the U.S. Secret Service with a performance period extending through August 30, 2030, designed to lease parking spaces supporting the agency's administrative operations at multiple locations in Washington, D.C., with requirements for 24/7 access and indoor facilities. Additionally, Colonial Parking maintains a $529.8 million BPA awarded by the Department of Veterans Affairs for parking-related services at VA Headquarters through August 28, 2026, which has supported multiple task orders for unreserved parking spaces and broader parking management services. These three IDVs, totaling over $11.8 million in ceiling value, represent Colonial Parking's established competitive positioning and the federal government's reliance on the company as a strategic partner for flexible, long-term parking solutions across major civilian federal agencies in the Washington, D.C. region.