Olsson Industrial Electric, Inc.
Springfield, OR Part of Naes Corporation
- UEI
- GH6DAYLK9EV1
- CAGE
- 1WUR1
- SAM.gov registration
- Active through
Company facts
- FY2025 rankings
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Its parent company, Multiquip Inc., ranks:
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Other NAICS codes in SAM.gov
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- 237130 Power and Communication Line and Related Structures Construction
- 237990 Other Heavy and Civil Engineering Construction
- 333914 Measuring, Dispensing, and Other Pumping Equipment Manufacturing
- 335311 Power, Distribution, and Specialty Transformer Manufacturing
- 335313 Switchgear and Switchboard Apparatus Manufacturing
- Corporate family
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Parent
Issaquah, WA
MULFYMSKTRK3
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Parent
Issaquah, WA
MULFYMSKTRK3
- SAM.gov registration date
- Physical address
- 1919 Laura St, Springfield, OR 97477, USA
- Website
- olssonelec.com
- Founded
- 1986
- Employees
- 51-250
- Estimated annual revenue
- $10M-$50M
- Industry
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- Industrials
- Capital Goods
- Construction & Engineering
- SIC code
- 17 Special Trade Contractors
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $99,072,928 |
| FY2025 | $29,508,915 |
| FY2024 | $7,700,631 |
| FY2023 | $19,853,487 |
Top agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of the Interior | $68,735,480 | |
| 2 | Department of the Army | $30,337,448 |
Contract awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| TRD GSU transformer replacements | Bureau of Reclamation | $68,735,483 | |
| Replacement, demolition, installation, and/or refurbishment of isolated phase bus sections at chief joseph DAM… | ENDIST Seattle (USACE) | $14,126,566 | |
| Libby DAM unit 6 installation | ENDIST Seattle (USACE) | $28,961,827 | |
| Foster electrical reliability upgrades | ENDIST Portland (USACE) | $7,601,169 | |
| Mcnary exciters, governors, and powerhouse controls upgrades | ENDIST Walla Walla (USACE) | $50,798,080 |
Latest 5 listed here. See the rest on GovTribe.
Contract subawards
| Prime contractor | Prime award | Amount | Awarded |
|---|---|---|---|
| HDR Schnabel Reclamation Joint Venture | 140R6024F0010 | $31,000 |
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About the company
Olsson Industrial Electric, Inc., a foreign-owned, for-profit corporation headquartered in Springfield, Oregon, supplies, installs, and commissions electrical infrastructure and power generation equipment at federal hydroelectric and water management facilities as a prime contractor (96% of recent awards), competing on a full-and-open basis with no set-aside posture. The company is a child entity of Naes Corporation and operates under primary NAICS 238210 (Electrical Contractors and Other Wiring Installation Contractors) and PSC 4610 (Installation of Equipment — Electric Wire and Power Distribution Equipment).
Olsson's customer base concentrates entirely within water resources and hydropower infrastructure. The U.S. Army Corps of Engineers accounts for 23 of 25 awards spanning three districts: Portland Engineering District (11 awards, $94.4 million combined potential value), Walla Walla Engineering District (6 awards, $47.4 million), and Seattle Engineering District (2 awards, $53.9 million), alongside 4 undesignated Corps of Engineers awards worth $90 million. The Department of the Interior Bureau of Reclamation holds 2 awards totaling $68.7 million. These five customer entities represent 100% of Olsson's tracked award portfolio. Recent representative work includes a $68.7 million definitive contract awarded May 1, 2026, by Bureau of Reclamation for replacement of nine generator step-up power transformers at three northern California power plants (Redding, CA placement, extending to April 9, 2034); a $34.87 million Corps of Engineers award from June 10, 2024, for Libby Dam Unit 6 assembly and installation in Montana (completion May 26, 2027); and a $18.99 million Corps of Engineers Seattle District contract from December 10, 2024, for replacement and refurbishment of isolated phase bus sections at Chief Joseph Dam in Washington (completion May 3, 2028).
Activity volume is sparse and episodic — one award in 2021, one in 2022, three in 2024, and one in 2026 — with $309 million obligated against $354.4 million combined potential value across all 25 awards. Two awards (combined potential value $53.9 million) face ultimate completion within the next twenty-four months and therefore present recompete opportunity. Olsson subcontracts minimally across federal work, with a single identified sub-award dated January 16, 2024, under HDR Schnabel Reclamation Joint Venture for Mt. Elbert rehabilitation controls documentation. On its major prime contracts, Olsson engages specialized subcontractors including The Calvert Company (isolated phase bus manufacture and design), National Electric Coil Co. (an SBA-certified HUBZone firm performing stator and transformer work), Emerson Process Management Power & Water Solutions (digital governor systems), ABB Inc. (excitation systems), American Hydro LLC (turbine assembly and commissioning), Hitachi Energy USA Inc. (generator circuit breakers and control systems), and Northbank Civil and Marine, Inc. (civil installation and heavy equipment mobilization). Olsson's capability portfolio is narrowly specialized: generator installation, transformer replacement, isolated phase bus refurbishment, and broader electrical system upgrades at hydroelectric and water resource facilities in the Pacific Northwest.
Quick answers
Is Olsson Industrial Electric, Inc. registered in SAM.gov?
Yes. Olsson Industrial Electric, Inc.'s SAM.gov registration is active through September 24, 2027.
How much has Olsson Industrial Electric, Inc. received in federal contracts?
Federal contracts obligated $29,508,915 to Olsson Industrial Electric, Inc. in fiscal year 2025 and $156,135,960 in fiscal years 2023 through 2027.
How does Olsson Industrial Electric, Inc. rank among federal contractors?
Olsson Industrial Electric, Inc.'s parent company, Multiquip Inc., ranked #7 in NAICS 23821, #12 in PSC Z2KA and #16 in NAICS 2382 in FY2025.
What is Olsson Industrial Electric, Inc.'s most recent federal award?
Olsson Industrial Electric, Inc.'s most recent federal contract award is TRD GSU transformer replacements (140R2026C0001), from Bureau of Reclamation, on May 1, 2026.
On GovTribe
See Olsson Industrial Electric, Inc.'s full federal record
- Federal contract awards
- IDV awards
- Subcontracting relationships
- Funding analysis by agency, NAICS and set-aside
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