Potomac Electric Power Co

Potomac Electric Power Co, doing business as Pepco, operates as a regulated electric utility delivering electrical power distribution, transmission, supply, and energy management services to federal agencies across the Washington, D.C. metropolitan region and Maryland as a prime contractor, with no federal subcontracting footprint. The company is a child entity of Pepco Holdings LLC, a for-profit parent organization, and competes without set-aside designations across full-and-open federal procurements.

Pepco's federal work centers on routine electricity delivery, infrastructure upgrades, building commissioning, and energy conservation projects. The company holds two primary indefinite delivery vehicles: a $20 million General Services Administration Public Buildings Service Energy Division contract (awarded September 2023, expiring November 2025) for area-wide public electric and energy management services within franchised territories, and a $50 million GSA contract authorizing similar scope. Recent representative work includes a $117.3 million delivery order from the National Institutes of Health (NIH Construction) issued September 2024 for electrical substation upgrade work at Building 11 in Bethesda, Maryland, completing May 2028; a $60.9 million Utility Energy Services Contract energy conservation project with NIH Construction awarded May 2023 through December 2042; an $85.4 million delivery order from NIH Construction for consolidated billing meters at the Pepco campus and non-campus facilities awarded January 2022; a $18.6 million delivery order from NASA Goddard Space Flight Center for electricity supply and delivery issued December 2025; and a $6.6 million delivery order from the Bureau of Engraving and Printing for electricity utility services awarded October 2025.

Customer concentration aligns tightly with the company's regional utility footprint. The General Services Administration Public Buildings Service accounts for 3,513 awards (58% of total award count), followed by the Department of the Air Force (556 awards) and NIH subdivisions (the Office of Research Facilities Development Operations Acquisitions with 182 awards and $955.4 million combined potential value, and Construction with 285 awards and $818.1 million). By potential value, the top five customers account for 63% of combined value: NIH Office of Research Facilities Development Operations Acquisitions leads at $955.4 million, followed by NIH Construction at $818.1 million, GSA Public Buildings Service National Capital Region at $388.3 million, the Smithsonian Institution at $136.2 million, and the Department of the Treasury Bureau of Engraving and Printing at $112 million. Pepco's five largest parent vehicles are the GSA Indefinite Delivery Contract GS00P00BSD0138 (655 task orders, $339.9 million), the Air Force Indefinite Delivery Contract F4964278D9973 (554 task orders), the GSA Blanket Purchase Agreement GS00P00BSD0138-HHSN263200000053810B (484 task orders, $37.8 million), the HHS Blanket Purchase Agreement HHSN292200900005B (379 task orders, $172.7 million), and the GSA Indefinite Delivery Contract GS00P10BSD0725 (211 task orders, $1.11 billion).

Pepco's award activity has been stable year over year—12 awards in 2022, 13 in 2023, 12 in 2024, and 16 in 2025—with 26 awards carrying combined potential value of $371.8 million facing ultimate completion within the next twenty-four months and therefore subject to recompete. The company's 6,057 total federal awards carry combined potential value of $3.84 billion, with $3.33 billion obligated across them (87% execution rate). Primary NAICS concentration reflects the utility business: Fossil Fuel Electric Power Generation (1,372 awards), Electric Power Distribution (1,340 awards), and Regulation and Administration of Communications, Electric, Gas, and Other Utilities (531 awards). Pepco holds no federal subcontracting footprint—all awards are prime contracts issued directly to the company, positioning it as the sole contractor on all transactions rather than a teamed or subordinate resource to larger primes.