Pepsi Bottling Ventures LLC

Pepsi Bottling Ventures LLC, a minority-owned beverage manufacturer based in Goldsboro, North Carolina, supplies branded carbonated sodas, sports drinks, juices, teas, and beverage concentrates to the Defense Logistics Agency (DLA) Troop Support Subsistence division as a prime contractor under full-and-open competition with no set-asides. The vendor operates exclusively as a prime with no subcontract footprint, competing on a high-volume, low-dollar-per-order model characteristic of military subsistence beverage supply. The company is structured as a for-profit limited liability corporation and a wholly-owned subsidiary of Pepsi-Cola And National Brand Beverages, LTD.

Pepsi Bottling Ventures' federal footprint is extraordinarily concentrated in a single customer and vehicle. DLA Troop Support Subsistence accounts for 6,224 of 6,225 total awards (100% coverage) and $57.7 million in combined potential value, with a single residual award to DLA Troop Support Pacific worth $35. The vendor's portfolio breaks sharply between two parent vehicles: a $4.9 million single-award Indefinite Delivery Vehicle (SPE30024D9202) effective through September 29, 2030, which generated the majority of visible recent activity with delivery orders spanning from September 2025 through July 2026, and a $1.4 million Blanket Purchase Agreement (SPE30022A9442) also feeding the subsistence mission. Two additional older vehicles, SPE30015D9235 ($811 thousand combined potential value, 2,214 task orders) and SPE30020D4062 ($24.6 million combined potential value, 1,113 task orders), carry historical volume.

The vendor's product portfolio spans branded beverages across multiple categories: Pepsi-Cola, Mountain Dew, Dr Pepper, Mug Root Beer, and Wild Cherry Pepsi carbonated sodas; Gatorade and Cool Blue Raspberry sports drinks and electrolyte beverages; Tropicana Pink Lemonade and juice products; Lipton Brisk tea products; and beverage base materials and concentrates in cola, lemon-lime, and other formulations. Products ship in multiple packaging formats including 20-ounce plastic bottles, 5-gallon bag-in-box containers, 3-gallon concentrate jugs, and carbon dioxide supplies. Representative recent delivery orders include a $2.77 million Tropicana Pink Lemonade delivery order awarded April 30, 2026, a $3.35 million Cool Blue Raspberry sports drink BPA call awarded May 7, 2026, and a $2.84 million iced tea BPA call awarded May 4, 2026, all under the SPE30024D9202 vehicle to DLA Troop Support Subsistence.

Activity volume has declined sharply. The vendor recorded 510 awards in 2022, peaked at 744 in 2023, then contracted to 619 in 2024, 606 in 2025, and 335 awards year-to-date in 2026. Individual delivery orders range from zero-dollar administrative holds on carbon dioxide supply through approximately $5,784 per order, reflecting transactional procurement patterns typical of subsistence supply chains. The combined potential value of $57.7 million is offset by obligated spend of $27.6 million (48% utilization), signaling that many orders remain active or are forecasted rather than fully expended. The single-award IDV (SPE30024D9202) anchors most recent work and continues through September 2030, but the declining award trajectory and the vendor's complete customer concentration with one division of one agency present significant recompete and diversification risk.