Palisade-Heritage Joint Venture II, LLC
Valrico, FL Doing business as Palisade-Heritage JV II, LLC Part of Palisade Strategies, LLC
- UEI
- F31VUCD86KL6
- CAGE
- 9GCK3
- Primary NAICS
- 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
- SAM.gov registration
- Active through
Company facts
- FY2025 rankings
- Self-certified in SAM.gov
- Entity structure
- Partnership or Limited Liability Partnership
- Other NAICS codes in SAM.gov
- Corporate family
-
-
Parent
Valrico, FL
MRBMK43RFE79
-
Parent
Valrico, FL
MRBMK43RFE79
- SAM.gov registration date
- Physical address
- 5216 Sand Trap Pl, Valrico, FL 33596, USA
- Website
- palisadestrategies.com
- Founded
- 2012
- Employees
- 1-10
- Estimated annual revenue
- $0-$1M
- Industry
-
- Industrials
- Commercial & Professional Services
- Professional Services
- Consulting
- SIC code
- 87 Engineering & Management Services
- 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 | $510,000 |
| FY2026 | $477,863 |
| FY2025 | $1,585,968 |
| FY2024 | $1,172,506 |
| FY2023 | $339,000 |
Top agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of Veterans Affairs | $987,863 |
Contract awards
Latest 5 listed here. See the rest on GovTribe.
Similar vendors
About the company
Palisade-Heritage Joint Venture II, LLC, a service-disabled veteran-owned small business (SDVOSB) based in Valrico, Florida, operates as a 100% prime contractor delivering emergency first fill pharmacy services and pharmacy benefits management to the Department of Veterans Affairs across multiple regional networks. The vendor competes predominantly under SDVOSB set-aside designations, though several awards carry no set-aside designation. Palisade-Heritage JV II is structured as a limited liability company and is self-certified as a small disadvantaged business; it is a child entity of parent Palisade Strategies, LLC.
Palisade-Heritage's federal footprint consists entirely of VA pharmacy operations work. The vendor specializes in filling new prescriptions, providing medication counseling, dispensing drugs from the VA National Drug Formulary, and stocking medical supplies at VA medical facilities and community-based outpatient clinics. Representative prime work includes a $3 million BPA with Veterans Integrated Service Network 1 (awarded August 2024, with ultimate completion August 2029) for first fill pharmacy services across the Northeastern and Southeastern regions; a $925 thousand SDVOSB-set-aside IDC with VISN 6 (awarded August 2024, through July 2029) for pharmacy benefits management at the Durham VA Medical Center; a $1.1 million purchase order with VISN 7 (awarded January 2025, through December 2029) for emergency pharmacy services in Montgomery, Alabama; and a $340 thousand SDVOSB-set-aside definitive contract with VISN 23 (awarded November 2023, through November 2028) for first fill prescription services in St. Cloud, Minnesota.
Customer concentration is extreme and single-customer-dependent. Veterans Integrated Service Network 1 accounts for 33 of 46 total awards (72% of all prime work) and $7.9 million of the $12.8 million combined potential value — representing 62% of the vendor's entire federal award portfolio by dollars. VISN 7, VISN 6, VISN 12, and VISN 23 together account for the remaining 13 awards and $4.7 million, covering 98% of all awards across the top five customer agencies. This concentration exposes the vendor to significant recompete risk; five awards totaling $1.4 million in combined potential value face ultimate completion within the next twenty-four months.
Palisade-Heritage holds positions on four indefinite delivery vehicles anchoring its VA work. The $3 million BPA 36C24124A0020 with VISN 1 carries 17 task orders ($3.6 million combined potential value) for emergency first fill services across the Northeast. IDC 36C24123D0077 with VISN 1 (a $600 thousand contract through August 2024, now largely exhausted) generated 14 task orders worth $416 thousand for emergency first fill and pharmacy support. IDC 36C24624D0064 with VISN 6 (the Durham VA Medical Center contract, $925 thousand ceiling) supports 3 task orders totaling $252 thousand. IDC 36C25225D0049 with VISN 23 carries 2 awards worth $603 thousand for first fill services in St. Cloud.
Activity spiked sharply in 2024, growing from 8 awards in 2023 to 31 in 2024, then contracted to 5 in 2025 and 2 in 2026. This trajectory reflects the award cadence of task orders and delivery orders against the vendor's underlying IDVs and BPAs rather than net-new wins. Service Contract Inventory reporting shows $393 thousand in SCI-reportable invoiced revenue across FY2023–FY2025, with a concentration in FY2025 ($284 thousand); hourly rates on SCI-reportable prime work ranged from a 10th percentile of $601/hr to a 90th percentile of $1,107/hr, with a median of $854/hr. FTE trajectory is minimal across SCI records (0.0–0.1 FTEs), indicating the vendor's federal pharmacy operations are primarily order-fulfillment and logistics work with light labor overhead. The vendor performs 100% of work self-delivered with zero subcontractor engagement across SCI-reportable prime contracts.
Quick answers
Is Palisade-Heritage Joint Venture II, LLC registered in SAM.gov?
Yes. Palisade-Heritage Joint Venture II, LLC's SAM.gov registration is active through September 25, 2027.
How much has Palisade-Heritage Joint Venture II, LLC received in federal contracts?
Federal contracts obligated $1,585,968 to Palisade-Heritage Joint Venture II, LLC in fiscal year 2025 and $4,085,337 in fiscal years 2023 through 2027.
How does Palisade-Heritage Joint Venture II, LLC rank among federal contractors?
Palisade-Heritage Joint Venture II, LLC ranked #22 in PSC Q517, #24 in NAICS 52429 and #33 in NAICS 5242 in FY2025.
What is Palisade-Heritage Joint Venture II, LLC's most recent federal award?
Palisade-Heritage Joint Venture II, LLC's most recent federal contract award is First fill pharmacy services (36C24127N0109), from Veterans Integrated Service Network 1 (VHA), on November 1, 2026.
On GovTribe
See Palisade-Heritage Joint Venture II, LLC's full federal record
- Federal contract awards
- IDV awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors