Richard Group LLC

Richard Group LLC, a Service-Disabled Veteran-Owned Small Business headquartered in Chicago, Illinois, operates as a prime contractor delivering healthcare facility modernization, infrastructure upgrades, and general construction services to the federal government, with a concentrated customer base in the Department of Veterans Affairs. The company competes predominantly under SDVOSB set-asides across a diversified portfolio of definitive contracts and task orders, with 100 percent of its recent awards as prime (178 total awards across the past decade, with no subcontractor engagement).

Richard Group's federal customer concentration sits heavily with VA networks and the VA Technology Acquisition Center. The top five customer agencies account for 61 percent of combined potential value, led by Veterans Integrated Service Network 17 ($506.8 million across 4 awards), Veterans Integrated Service Network 12 ($380.1 million across 108 awards), VA Technology Acquisition Center Austin ($374.2 million across 12 awards), Veterans Integrated Service Network 4 ($359.7 million across 5 awards), and Naval Facilities Engineering Command ($194 million across 4 awards). VISN 12 dominates award count (108 awards) but represents a lower share of dollars than VISN 17, which anchors its value on a small number of high-dollar definitive contracts. Award activity shows a declining trajectory: 25 awards in 2022 declining to 4 in 2026 year-to-date, though the company faces substantial recompete exposure with 13 awards (combined potential value $334.1 million) completing within the next twenty-four months.

Richard Group's capability portfolio centers on Electronic Health Record Modernization infrastructure upgrades, design-build and design-bid-build construction, mechanical and electrical systems installations, and facility renovations across VA medical centers nationwide. Representative work includes a $68.98 million SDVOSB definitive contract for EHRM infrastructure upgrades at Edward Hines Jr. VA Medical Center in Illinois (awarded October 2023), a $65.5 million SDVOSB contract for EHRM upgrades at Edward P. Boland VA Medical Center in Massachusetts (awarded September 2023), a $43.3 million SDVOSB contract for surgical intensive care unit and operating room renovation at Oklahoma City VAMC (awarded February 2024), a $52.1 million SDVOSB contract for telecommunications recabling at Minneapolis VAMC (awarded September 2022), and a $32.7 million full-and-open definitive contract for a design-build animal research building annex at VA Sepulveda in California (awarded July 2026). The company also holds a $500 million GSA electric vehicle supply equipment installation IDIQ for geographic zone C (multiple-award, total small business set-aside, awarded October 2022).

Richard Group sits on multiple VA construction MATOCs anchoring its pipeline. Top vehicles include an IDIQ under Indefinite Delivery Contract 36C25219D0067 with 29 task orders and $42.1 million potential value, a $250 million Pittsburgh-Butler-Erie Construction MATOC issued by VISN 4 (awarded July 2025), a $100 million VISN 1 New England Healthcare System Construction MATOC (awarded October 2024), a $95 million Fort Johnson Vertical MATOC issued by Army Corps of Engineers Fort Worth (awarded January 2026), a $50 million GSA Region 5 Regional Construction IDIQ (awarded September 2024), a $50 million Clement J. Zablocki VA Medical Center Construction MATOC in Milwaukee (awarded May 2024), a $95 million Naval Support Activity Crane Design-Bid-Build vehicle issued by Naval Facilities Engineering Command (awarded September 2023), a $99 million NAVFAC Yuma and El Centro general construction vehicle (awarded September 2023), and a $40 million William S. Middleton VA Hospital Madison MATOC (awarded March 2022). These vehicles support task-order competition across healthcare facility construction and repair work in the New England region, Central Texas, the Pittsburgh-Butler-Erie corridor, and at specific naval and Army installations.

Service Contract Inventory reporting shows robust federal services activity growth: SCI-reported invoicing reached $334.5 million across FY2022–FY2025, with FY2025 invoicing at $136.9 million across 81.1 FTEs, reflecting year-over-year expansion from $24.6 million and 22.1 FTEs in FY2022. Hourly-rate posture spans $31.46 at the 10th percentile to a median of $642.55 per hour and $2,412.86 at the 90th percentile, reflecting a mix of laborer-grade and senior technical delivery. Across SCI-reportable prime contracts, the company self-performs 100 percent of work with zero subcontractor engagement, establishing Richard Group as a vertically integrated operator that builds its own delivery teams rather than relying on subs. The company does not appear in the SCI data as a subcontractor to other primes, reinforcing its posture as an independent prime.

Richard Group competes under SDVOSB set-aside designations on the majority of its definitive contracts and task orders, with a secondary posture on full-and-open and total small business set-aside vehicles. The vendor's SDVOSB certification expires March 8, 2028, and SBA certifications include both Service-Disabled Veteran-Owned Small Business and Veteran-Owned Small Business status across multiple records. Commercial and Institutional Building Construction (NAICS 236220) accounts for 130 of 178 awards, with supporting work in plumbing, HVAC contracting (21 awards), electrical contracting (7 awards), and highway and water infrastructure (7 awards combined). The vendor's primary service delivery codes reflect healthcare facility maintenance, repair, and construction (103 awards combined across hospitality, alteration, and new-build codes).

Richard Group LLC is a SDVOSB building and civil General Contractor specializing in State and Local Public Works, Federal and Department of Defense Contracts. We perform design-build and design-bid-build, construction management, owners representation, interior fit-out, renovation, new construction, specialty construction, SCIF, material supply, and Contract Administration, self-perform carpentry, finishes, ceilings, walls, floor, concrete. We are also a prime contractor of several mechanical, electrical and plumbing prime contracts. We execute fire alarm, nurse call, and specialized data center projects.