Krima Construction Corp.

Krima Construction Corp., a South Korea-based limited liability company, operates as a prime contractor providing military facility construction, repair, and infrastructure upgrade services to Department of Defense customers across the Pacific Region, with 759 of 760 recent awards (100%) in its prime contractor footprint and no small business set-aside participation.

Krima competes exclusively in full-and-open procurement, without designations as 8(a), HUBZone, SDVOSB, WOSB, or other set-aside categories. The company has been registered in the System for Award Management since 2002 and is headquartered in Pyeongtaek-si, South Korea. Work is performed entirely at U.S. military installations in South Korea—including Camp Carroll, Kunsan Air Base, Osan Air Base, U.S. Army Garrison Humphreys, and Suwon Air Base—under Status of Forces Agreement and Operations and Maintenance authority. Krima's capability footprint spans facility repair and renovation (roof repairs, HVAC system replacement with Variable Refrigerant Flow units, plumbing and electrical system upgrades), building demolition, ground infrastructure work (parking lot construction and repair, road resurfacing, taxiway and airfield obstructions), athletic field and recreational facility maintenance, security infrastructure improvements (perimeter fencing, guard lighting), and utility system upgrades (high-voltage electrical cable installation, sewer line repair, emergency generator replacement). Representative work includes a $1.86 million delivery order for Barker Field replacement with concrete helipad at Camp Carroll (firm fixed price, completion July 2026); a $4.81 million plumbing system repair at three barracks at U.S. Army Garrison Humphreys (firm fixed price, completion July 2027); a $10.2 million definitive contract for swimming pool repairs at Humphreys covering three buildings (completion May 2026); a $13.56 million repair to Airmen Dormitory B1458 at Osan Air Base including closet door modifications (completion December 2026); and a $6.02 million contract for underground high-voltage electric power line replacement at Humphreys (completion May 2025).

Customer concentration is pronounced. The top five agencies account for 95% of recent awards by count, led by the Department of the Army Installation Management Command Pacific Region (224 awards, $1.6 billion combined potential value) and the Department of the Air Force Pacific Air Forces (152 awards, $68.2 million). The Department of the Army Corps of Engineers Engineering District Far East (129 awards, $84.71 billion) dominates by potential dollar value, followed by IMCOM Pacific Region. A significant secondary customer is the Department of the Army Installation Management Command Korean Region (2 awards, $245 million potential value). The concentration is extreme: the top customer by potential value (ENDIST Far East) accounts for roughly 45% of Krima's combined potential value across all awards.

Krima's vehicle portfolio is anchored by a $400 million design-build construction services contract awarded by ENDIST Far East on June 21, 2024 (completion December 2029) and a $245 million multiple-award IDIQ for general construction, repair, and upgrade of USFK facilities awarded by the Army Installation Management Command Pacific Region on October 5, 2023 (completion October 2028). The latter vehicle alone has generated 31 task orders valued at $11 million combined. Two additional ENDIST Far East vehicles—a $45 million Korea-wide design-build contract (awarded September 28, 2023, completion September 2025) and a $30 million design-build multiple-award contract (awarded September 30, 2021, completion September 2024)—continue to generate task orders. The largest parent vehicle by task order count is Indefinite Delivery Contract W91QVN04D0059, which has generated 372 task orders worth $16.4 million; contract W912UM06D0007 has 48 task orders valued at $18.34 billion combined potential value. A $20 million Army IMCOM Daegu area minor repair IDIQ awarded April 5, 2024 (completion April 2029) rounds out the vehicle portfolio.

Activity has declined in recent years. Awards per year fell from 39 in 2023 to 20 in 2025 and only 4 in 2026 (through mid-July). Nine awards with ultimate completion dates in the next twenty-four months carry combined potential value of $27.7 million, representing moderate recompete risk concentrated across the $245 million IMCOM Pacific Region vehicle and related design-build IDIQs. The sole subcontract on record is a $5 thousand electrical sub to Amentum Services Inc. for command and control work (October 2024), indicating Krima does not depend on sub revenue.

NAICS concentration reflects Krima's facility-focused work: Industrial Building Construction (280 awards), Commercial and Institutional Building Construction (207 awards), and Other Heavy and Civil Engineering Construction (106 awards). PSC coding aligns with construction of office buildings (365 awards) and repair or alteration of office and maintenance buildings (59 and 55 awards respectively). All awards are priced firm fixed price with no cost-plus or time-and-materials engagement, and all lack set-aside designation, positioning Krima as a competitive prime contractor capable of executing complex, large-scale military infrastructure projects without reliance on socioeconomic set-asides.