Geumjang Construction Co.,Ltd

Geumjang Construction Co., Ltd, a South Korean for-profit construction and maintenance services firm, operates as a prime contractor exclusively for the Department of Defense, delivering facility repair, infrastructure upgrades, and military family housing maintenance at U.S. Forces Korea installations. The company competes exclusively in the open market—no set-aside designations apply to any award—and has been registered in the System for Award Management since October 2007.

The vendor's customer concentration is heavily weighted to Army installations in the Pacific Region. The Department of the Army Installation Management Command Pacific Region accounts for 46 of 70 awards (66% by count) and $823 million of the $1.08 billion combined potential value across all awards—a 76% share of total dollars. The Department of the Army Installation Management Command Korean Region (5 awards, $245.5 million) and the Department of the Air Force Pacific Air Forces (18 awards, $15 million) round out the active customer set. Award count and dollar value rankings align closely; the Army Pacific Region dominates both metrics.

Geumjang's capability portfolio centers on facility repair, preventive maintenance, and infrastructure upgrades at military installations. Representative work includes a $1.43 million delivery order (March 26, 2026) for repair of failed or failing barracks at Camp Carroll under the General Construction by OMA vehicle, a $1.25 million delivery order (March 26, 2026) for military family housing maintenance at Osan Air Base, and a $942 thousand order (April 15, 2025) for replacement of deteriorated transformers. Smaller routine orders address fire hydrant replacement, roof repair, parking lot resurfacing, painting, sidewalk repair, drainage remediation, and water tank and utility infrastructure work across multiple installations including U.S. Army Garrison Humphreys, U.S. Army Garrison Daegu, Camp Carroll, Camp Walker, Osan Air Base, and New Mexico Range.

The vendor holds six primary Department of Defense indefinite delivery contracts valued collectively at over $332 million through 2028. The $245 million General Construction by OMA multiple-award IDIQ (awarded October 5, 2023, expiring October 4, 2028) is the dominant vehicle, generating 20 task orders in the award history shown; the $60 million General Building Repair and Construction USAG Humphreys Area III multiple-award IDIQ (22 task orders) and the $7.26 million single-award indefinite delivery contract for preventive maintenance and military family housing at Osan Air Base (15 task orders) are secondary anchors. A $20 million multiple-award IDIQ for minor general building repair and construction at U.S. Army Garrison Daegu (awarded April 5, 2024, expiring April 4, 2029) rounds out the portfolio. All delivery orders are structured as firm fixed-price contracts with individual ceiling values typically ranging from $3,000 to $1.4 million.

Activity has grown modestly over the past five years—12 awards in 2022, 15 in 2023, 20 in 2024—then declined to 8 awards in 2025 and 9 through July 2026. Five awards with ultimate completion dates in the next twenty-four months carry combined potential value of $4 million, representing modest recompete exposure relative to the standing contract portfolio. The 2% obligation rate ($16.3 million obligated of $1.08 billion potential) reflects the typical profile of an indefinite delivery contract holder with a large ceiling and selective task order drawdown.

All work is performed exclusively in South Korea at no subcontractor involvement; Geumjang operates as a pure prime across the entire portfolio. NAICS 236220 (Commercial and Institutional Building Construction) frames 54 of 70 awards; PSC Maintenance of Other Administrative Facilities and Service Buildings accounts for 46 awards.