Florida Keys Electric Cooperative Association Inc.

Florida Keys Electric Cooperative Association Inc., a tax-exempt not-for-profit electric utility, supplies commercial electrical power to federal facilities and recovers emergency infrastructure costs through federal grant sub-awards to the State of Florida Division of Emergency Management, operating as a prime contractor on service delivery and as a sub-recipient on hazard mitigation and emergency protection grants.

The cooperative is headquartered in Tavernier, Florida, and operates in the electric power distribution sector (NAICS 221122, Electric Power Distribution; PSC Utilities-Electric). Its federal footprint spans 25 total awards — 68% as prime (contracts and grant participation) and 32% as sub-recipient on FEMA and state emergency-management grants. Recent activity shows three awards in 2026 after sporadic engagement in prior years; the combined potential value across the portfolio sits at $1.5 million, though obligated dollars across all awards total $24.2 million, indicating historical reimbursement or cost-sharing structures characteristic of disaster recovery and mitigation funding.

Customer concentration clusters around emergency management and international broadcasting. The top five funding entities account for 80% of awards by count, led by Federal Emergency Management Agency Headquarters Financial Assistance Awards (8 awards) and the US Agency for Global Media Office of Cuba Broadcasting (4 awards, $1.1 million combined potential value). The office of Cuba Broadcasting anchor is recent — a September 2026 purchase order for $199,200 covering commercial electrical power supply to the OCB Marathon Transmitting Station in Tavernier through September 2027 on a firm fixed-price basis. The cooperative also holds task orders under FEMA IDIQs TARIFFREV50 (3 task orders) and TARIFF1 (1 task order), indicating standing authority for emergency and utility services procurement.

Grant work centers on post-disaster infrastructure recovery. The cooperative is a sub-recipient under the State of Florida Division of Emergency Management for multiple awards spanning emergency protective measures, transmission and distribution work completed, and emergency loan interest financing. A December 2021 Hazard Mitigation Grant Program sub-award, amended in June 2026 to increase federal budget by $4.6 million, funds the relocation and replacement of thirty-seven transmission poles and three distribution pole structures in the Sea Oats Area of Lower Matecumbe Key, Islamorada, Florida — a roughly two-mile project designed to mitigate erosion and protect infrastructure against a twenty-year storm event through concrete drilled pier foundations, galvanized steel monopole structures, and reinforced pole installation.

One award (the OCB contract) faces completion within the next twenty-four months, carrying $199 thousand in potential value and representing the sole near-term recompete exposure in the current portfolio.