Handuk Iron-Mine & Construction Co., LTD.

Handuk Iron-Mine & Construction Co., LTD., a for-profit South Korean facilities maintenance and construction contractor headquartered in Jeongseon, Gangwon-do, operates exclusively as a prime contractor on full-and-open federal awards delivering comprehensive facilities maintenance, repair, renovation, and grounds services to U.S. government installations in the Republic of Korea. The company holds a five-seven year multi-agency footprint anchored by single-award indefinite delivery contracts with the Department of Defense Education Activity, Pacific Air Forces, and the Department of State Bureau of Overseas Building Operations.

Handuk's customer concentration is acute and geographically constrained. The Department of Defense Education Activity dominates the portfolio, accounting for 27 of 57 total awards (98% coverage across the top five customers) with $38.3 million in combined potential value—51% of all dollars in the vendor's active federal footprint. The Department of the Army Corps of Engineers Engineering District Far East, the Army Installation Management Command Pacific Region, the Air Force Pacific Air Forces, and the Department of State Bureau of East Asian and Pacific Affairs round out the top tier, with the Army collectively anchoring $5.1 million across seven awards. Activity has accelerated sharply, growing from three awards annually in 2022-2023 to 23 awards in 2025 and nine year-to-date in 2026. Combined potential value stands at $75.3 million, with $39 million obligated (52% draw-down). Four awards totaling $7.5 million reach ultimate completion within the next twenty-four months, representing moderate recompete exposure.

The vendor's work is almost entirely concentrated in DoDEA facilities maintenance and Army family housing support in South Korea. The top parent vehicle is an indefinite delivery contract (HE125424D1004) worth approximately $22.9 million, awarded by DoDEA on August 6, 2024, with performance through February 5, 2030, generating 26 task orders and $15.4 million in combined potential value. Representative delivery orders under this IDIQ include a $2.24 million award in September 2025 for repair of failing Exterior Insulation and Finish System at Humphreys High School, a $359,109.66 order in April 2026 for HVAC system replacement at Humphreys District School Office, and multiple sub-million awards addressing cooling coil replacement, fire alarm system repair, wheelchair lift installation, and landscaping across DoDEA schools at Osan, Humphreys, and Degu. A secondary single-award indefinite delivery contract with Pacific Air Forces (valued at $1.58 million, through June 30, 2027) covers maintenance and repair of Hardened Aircraft Shelter doors at Kunsan Air Base; four delivery orders totaling approximately $1.25 million have been issued under this vehicle since July 2022. A third indefinite delivery contract with the Department of State Bureau of Overseas Building Operations (ceiling $2,075,724.19, through August 15, 2027) procures make-ready maintenance and renovation services at U.S. diplomatic facilities; recent task-order volume has accelerated from three awards annually in 2022-2023 to 22 in 2025, indicating expanded work scope.

Handuk executes all awarded work in-house without identified subcontractors, delivering HVAC installation and repair, fire alarm and fire safety system replacement, building envelope remediation, plumbing and drainage repair, electrical systems work, landscaping and grounds maintenance, janitorial services, and equipment replacement. The portfolio's NAICS distribution reflects this focus: 27 awards under Facilities Support Services, eight under Janitorial Services, six under machinery and equipment repair, five under commercial building construction, and four under landscaping services. PSC concentration aligns with this profile—27 awards under Maintenance of Schools and 13 under Maintenance of Family Housing Facilities. Handuk does not compete under any SBA set-asides and holds no positions on government-wide vehicles; all work derives from agency-specific single or multiple-award indefinite delivery contracts held in the South Korea region.