Daemyung Elevator Co., LTD.

Daemyung Elevator Co., LTD., a South Korean for-profit corporation based in Ulsan, holds three single-award Indefinite Delivery Contracts with the Department of Defense to provide elevator, escalator, and vertical transportation equipment maintenance, repair, and inspection services at U.S. military installations across the Pacific region, competing on an unrestricted full-and-open basis with no socioeconomic set-asides.

The vendor's federal footprint is concentrated in three DoD customer agencies. Pacific Air Forces leads by both award count and potential value, with 12 awards (11 delivery orders under a single $702,688.64 IDC plus the parent IDC itself) totaling $8.6 million combined potential value. The Army Installation Management Command Pacific Region accounts for 7 awards worth $7.5 million combined potential value, primarily maintenance contracts at U.S. Army Garrison Humphreys. Navy Installations Command rounds out the customer set with 4 awards valued at $859 thousand. The three agencies together represent 100% of awards in the source data; customer concentration is high and customer rankings by award count and potential value align perfectly. Work is performed entirely at overseas military installations in South Korea, including Osan Air Base, USAG Humphreys, Camp Humphreys, and Commander Fleet Activities Chinhae.

Daemyung Elevator operates under three named parent vehicles. The Pacific Air Forces IDC (W90VN624D0006), valued at $702,688.64 and running through April 14, 2029, has generated 11 delivery orders totaling $7.9 million in combined potential value since April 2024 for preventive maintenance and repair of approximately 30 elevators, 38 automatic doors, 2 escalators, 3 conveyor belts, and 1 carousel at Osan Air Base. Recent delivery orders under this vehicle include elevator maintenance at Family Housing Building 1014 ($2,594, December 2025), Building 870 ($5,739, September 2025), Buildings 648 and 1390 ($3,076, August 2025), and a comprehensive 12-month maintenance order ($119,986, April 2025 through April 2026). The Army's single-award IDC (W91QVN26DA003), valued at $7,016,268.53 and running through October 31, 2030, was awarded March 15, 2026, for inspection, repair, and maintenance of elevators and escalators at USAG Humphreys and has generated 6 delivery orders ($443 thousand combined potential value) since March 2026. The Navy Installations Command IDC (W90VN925DA018), valued at $791,686.56 and running through July 31, 2030, was awarded August 1, 2025, and covers maintenance, repair, and testing of vertical transportation equipment at multiple Pacific region military facilities, with 3 delivery orders ($68 thousand combined potential value). All work is firm-fixed-price; the vendor lists no subcontractors across any award.

Activity has accelerated substantially. The vendor recorded 3 awards in 2024, 11 in 2025, and 9 in the first four months of 2026. Five awards with ultimate completion dates in the next twenty-four months carry combined potential value of $8.2 million and face recompete risk. Over the past two years, the vendor has obligated $866 thousand against a combined potential value ceiling of $16.9 million across all awards, representing 5% draw-down on ceiling — typical for early-stage IDC performance.

Daemyung Elevator's capability portfolio centers on vertical transportation equipment maintenance and repair services grounded in ASME, NFPA, and OSHA compliance. Service scope includes preventive maintenance, inspection, testing, corrective repair, and emergency on-call response for elevators, escalators, automatic doors, conveyor belts, and carousels at U.S. military installations. The vendor's NAICS profile spans Commercial and Industrial Machinery and Equipment Repair and Maintenance (12 awards), Facilities Support Services (7 awards), and Other Building Equipment Contractors (4 awards). PSC coding reflects the same scope: Maintenance/Repair/Rebuild of Electrical and Electronic Equipment Components (12 awards), Special Industry Machinery (6 awards), and Materials Handling Equipment (4 awards). All awards carry full-and-open, unrestricted procurement posture; the vendor does not compete under set-aside categories.