Hensel Phelps Construction Co

Hensel Phelps Construction Co, a large for-profit partnership headquartered in Greeley, Colorado, delivers general construction, design-build, and facility renovation services to defense and civilian federal agencies as a prime contractor on unrestricted (non-set-aside) contracts and indefinite delivery vehicles. The company operates 100% as a prime — no sub awards in the source dataset — with a portfolio of 57 federal contracts and IDIQs carrying combined potential value of $9.47 billion, of which $2.9 billion has been obligated.

Hensel Phelps' customer base concentrates heavily in defense infrastructure. The top five funding entities account for 74% of awards by count and 87% of combined potential value. The Department of the Navy Naval Facilities Engineering Command anchors the portfolio with seven awards worth $3.38 billion combined potential value, followed by the Department of the Army Corps of Engineers Engineering District Mobile (14 awards, $2.69 billion), the Army Corps of Engineers Engineering District Savannah (8 awards, $1.23 billion), the Army Corps of Engineers Headquarters Military Programs (5 awards, $509.1 million), and the Army Corps of Engineers Engineering District Fort Worth (2 awards, $394 million). The General Services Administration Public Buildings Service Region 4 represents the sole civilian customer of significant scale with eight awards worth $314.8 million. Hensel Phelps operates almost exclusively under NAICS 236220 (Commercial and Institutional Building Construction), accounting for 54 of 57 awards.

Hensel Phelps holds multiple large indefinite delivery vehicles that anchor task-order work. The Naval Facilities Engineering Command Southeast Area of Responsibility Multiple Award Construction Contract carries a $1.105 billion ceiling and runs through September 2026, representing the largest active IDV. A $1.999 billion NAVFAC Southeast general construction IDIQ awarded June 5, 2025, extends through June 2030. The Army Corps of Engineers Mobile District awarded two design-build MATOCs: a $245 million vehicle awarded August 2025 (expiring August 2030) and an identically valued $245 million contract awarded September 2024 (expiring September 2029). A $249 million Army Corps of Engineers Savannah District design-build MATOC covers the Georgia and South Carolina region. The Tyndall Air Force Base Reconstruction MATOC, a $950 million vehicle, has generated two task orders totaling $138.5 million. Recent representative work includes a $657.8 million definitive contract for Zone 1 F-35 flight line facilities at Tyndall AFB awarded May 2022 (completion July 2026), a $138.5 million delivery order for dormitory design and construction at Tyndall awarded November 2021 (completed April 2025), a $87.5 million contract for Integrated Capabilities Office headquarters at Cape Canaveral awarded July 2022 (completed October 2025), a $62.2 million definitive contract for the Advanced Munitions Technology Complex Phase 3 at Eglin Air Force Base awarded May 2024 (completion June 2026), a $56.1 million delivery order for Physics Lab construction at Redstone Arsenal awarded August 2025 (completion July 2029), a $54.2 million contract for Propulsion Systems Lab fire suppression work at Redstone Arsenal awarded September 2023 (completion April 2026), and an $11.3 million warehouse construction contract at Savannah River Site awarded April 2026 (completion April 2027).

Activity remains steady at one to four awards per year from 2023 through 2026, following two awards in 2022. Three awards with combined potential value $669.1 million face ultimate completion within the next twenty-four months and therefore sit in recompete windows. Service Contract Inventory data shows minimal service-contract footprint — $7.6 million in SCI-reportable invoiced amount across FY2022–FY2024 with 13.1 FTEs in FY2022 declining to zero FTEs by FY2024 — indicating that Hensel Phelps' federal portfolio is predominantly construction (fixed-price, project-based work excluded from or minimally captured in SCI), not labor-hour or time-and-materials services. The SCI median hourly rate for the limited service work recorded was $40.13/hr, with rates spanning $8.03/hr at the tenth percentile to $72.23/hr at the ninety percentile. Across SCI prime contracts, subcontractors performed an average of 23% of total contractor hours, with 72 named subcontractors reported; this sub-engagement reflects typical general contractor practice of sourcing specialized trades and material handling to subcontractors rather than Hensel Phelps building vertically integrated delivery teams.