Richard Group LLC

Richard Group LLC, a Service-Disabled Veteran-Owned Small Business (SDVOSB) headquartered in Chicago, Illinois, is a prime federal construction contractor specializing in healthcare facility modernization, infrastructure upgrades, and general construction services for the Department of Veterans Affairs and Department of Defense. The company operates exclusively as a prime contractor (100% of recent awards) across a portfolio of $2.98 billion in combined potential value, with SDVOSB and Veteran-Owned Small Business certifications both expiring March 8, 2028.

The company's capability footprint centers on design-build and design-bid-build construction services, mechanical and electrical systems upgrades, facility renovations, and specialized infrastructure work. Representative contracts include a $32.7 million firm fixed-price design-build contract awarded July 31, 2026, by the VA Office of Construction and Facilities Management for a new animal research building annex at the VA Sepulveda Ambulatory Care Center in Los Angeles with LEED Silver certification; a $75.8 million Electronic Health Record Modernization (EHRM) infrastructure upgrades contract at the Edward Hines, Jr. VA Medical Center in Hines, Illinois, awarded October 16, 2023; and a $65.5 million EHRM infrastructure upgrades contract at the Edward P. Boland VA Medical Center in Leeds, Massachusetts, awarded September 27, 2023. Richard Group's SCI-reported invoicing reached $107.7 million in FY2024 across 48.9 FTEs, up from $65.2 million in FY2023 and $24.6 million in FY2022, reflecting sustained growth in reported federal service contract activity.

Customer concentration is heavily weighted toward the Department of Veterans Affairs across multiple Veterans Integrated Service Networks. The VA accounts for the largest share by both award count and potential value: Veterans Integrated Service Network 12 alone anchors 108 awards valued at $379.4 million combined potential value, while the VA Technology Acquisition Center holds 12 awards worth $380.5 million. A secondary concentration appears in Veterans Integrated Service Network 17 (4 awards, $506.8 million), Veterans Integrated Service Network 4 (4 awards, $350 million), and Veterans Integrated Service Network 1 (5 awards, $134.2 million). Outside the VA, the Department of the Army Corps of Engineers' Engineering District Louisville placed 9 awards valued at $85.6 million, and Naval Facilities Engineering Command holds 4 awards worth $194 million combined potential value. Across the top five customer agencies by potential value, the coverage reaches 61% of the vendor's combined potential value, demonstrating substantial customer concentration in VA healthcare infrastructure work.

Richard Group holds multiple significant indefinite delivery vehicles across federal agencies. The company was awarded a $95 million multiple-award IDIQ by the Army Corps of Engineers Fort Worth District on January 12, 2026, for design-build and design-bid-build vertical construction at Fort Johnson and related southwestern division locations (total small business set-aside, 2026–2033). A $500 million multiple-award IDIQ from GSA for general construction with design-build capabilities supporting electric vehicle supply equipment installation across geographic zone C nationwide was awarded October 3, 2022, through October 2, 2026. The company holds a $250 million multiple-award MATOC with Veterans Integrated Service Network 4 for Pittsburgh, Butler, and Erie area construction (2025–2030, total small business set-aside), a $100 million multiple-award MATOC with VISN 1 for New England healthcare facility construction (2024–2029, SDVOSB set-aside), and a $95 million multiple-award IDIQ from Naval Facilities Engineering Command for general construction at Naval Support Activity Crane in Indiana (2023–2028, total small business set-aside). Additional vehicles include a $50 million GSA Region 5 repair and alterations IDIQ (2024–2026, total small business set-aside), a $50 million VISN 12 construction MATOC at the Clement J. Zablocki VA Medical Center in Milwaukee (2024–2029, SDVOSB set-aside), and a $99 million Naval Facilities Engineering Command IDIQ for the Yuma and El Centro Area of Responsibility in Southern California and Arizona (2023–2028, SDVOSB set-aside). Activity under these vehicles generated 29 task orders valued at $41.8 million on the largest IDIQ and 9 task orders worth $7.5 million on the second-largest.

Award activity has moderated in recent years. The company received 25 awards in 2022, declining to 16 in 2023, 15 in 2024, 7 in 2025, and 3 in the first seven months of 2026. However, 14 awards with ultimate completion dates in the next twenty-four months carry combined potential value of $391.3 million, exposing the company to significant recompete activity through mid-2027. Richard Group self-performs all work across its federal contracts—SCI records show zero average sub-hours share—and reports no formal subcontractor engagement on service contracts in the SCI dataset.

On federal services contracts captured in SCI, hourly rate posture ranges from $31.46 per hour at the 10th percentile to a median of $642.55 per hour, with senior labor pricing reaching $2,412.86 per hour at the 90th percentile, reflecting a mix of field labor and engineering-level work on infrastructure modernization projects. Richard Group competes as a prime under both SDVOSB sole-source and competitive set-aside designations as well as full-and-open competitions; the company's recent award pattern shows set-aside posture across the footprint, with roughly 70% of definitive contracts and delivery orders carrying SDVOSB or total small business set-aside designations.

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.