Matos-Grunley Joint Venture

Matos-Grunley Joint Venture, a minority-owned, veteran-owned, HUBZone-certified small disadvantaged business partnership based in Baltimore, Maryland, delivers design-build and general construction services for federal facilities renovation and electric vehicle charging infrastructure as a prime contractor operating exclusively under total small business set-asides. The joint venture competes across a narrow portfolio—six prime awards carrying combined potential value of $538.6 million, with all work held as prime contracts and zero subcontract awards in the current footprint.

The vendor's capability portfolio centers on federal building renovation, EVSE infrastructure installation, and design-build construction services grounded in three named contracts. The anchor award is a $500 million multiple-award IDIQ with the General Services Administration Public Buildings Service Region 10, issued September 1, 2022, for general construction with design-build capabilities supporting electric vehicle supply equipment installation across GSA Regions 1, 2, 3, and 11, running through August 31, 2026 with a five-year option. The vendor has exercised two delivery orders from this vehicle: a $312,478 task order from the Internal Revenue Service issued June 18, 2024, for EVSE installation at the IRS Enterprise Computing Center in Martinsburg, West Virginia (ultimate completion May 5, 2025), and a $334,276 GSA Headquarters delivery order issued August 17, 2023, for electric vehicle charging station installation in Washington, D.C. (ultimate completion November 7, 2024). A second major commitment is a $23.3 million definitive contract from the Centers for Medicare and Medicaid Services awarded August 6, 2024, for design-build construction in Windsor Mill and Milford Mill, Maryland, carrying an October 9, 2026 completion date and generating $225,000 in SCI-reported invoiced labor in FY2024. The third representative award is a $12.7 million Veterans Affairs definitive contract issued March 30, 2022, for renovation of the Veteran Benefits Administration Regional Office at the George H. Fallon Federal Building in Baltimore, Maryland, with ultimate completion July 15, 2026—this contract showed FY2024 SCI invoicing of $4.1 million across 6.1 FTEs and declining hourly rates from $350.30 in FY2023 to $308.23 in FY2024, with 60 percent of hours subcontracted.

Customer concentration is fragmented across six distinct federal agencies, with the GSA PBS Region 10 IDIQ dominating potential value ($500 million of the $538.6 million total), CMS holding the second-largest definitive award ($23.3 million), and VA, GSA, IRS, and FAA holding the remaining $12.7 million to $334 thousand in awards. Within the next twenty-four months, two awards carrying combined potential value of $25.3 million face completion and recompete exposure: the GSA delivery order (expires November 7, 2024) and the VA renovation contract (expires July 15, 2026). SCI-reported invoiced revenue across the vendor's prime service contracts grew from $640 thousand in FY2022 to $4.1 million in both FY2023 and FY2024, with federal workforce delivery tracking 1.1 FTEs in FY2022, 1.7 FTEs in FY2023, and 2.6 FTEs in FY2024. Across SCI-reportable prime contracts, the vendor subcontracts 39 percent of hours on average to seven named subcontractors, with median government-paid rates at $350.30 per hour, ranging from $182.46 in the tenth percentile to $877.51 in the ninety-eighth percentile. Award activity has been episodic—two awards in 2022, one in 2023, two in 2024, and one in 2026—reflecting the lumpy, project-based nature of federal construction procurement.