Stericycle Inc.

Stericycle Inc. Fedgov Gs25F0011M Division, doing business as Stericycle, Inc., is a large business subsidiary of Waste Management Holdings, Inc. that provides secure document shredding, regulated waste disposal, and related records-management services to federal agencies as a prime contractor competing without socioeconomic set-asides across 1,730 recent awards. The company operates through its Fedgov Gs25F0011M Division (also branded as Shred-It Cincinnati) and holds a General Services Administration Schedule 36 contract for office imaging and document solutions, the parent vehicle carrying 1,415 task orders worth $57.2 million in combined potential value and anchoring the bulk of Stericycle's federal footprint.

Stericycle's customer concentration is sharply divided by agency count and dollar value. By award count, the top five funding agencies account for 31% of recent work and are led by the Drug Enforcement Administration (204 awards, $941 thousand combined potential value), the Treasury Financial Crimes Enforcement Network (105 awards, $15 thousand), and the Department of Justice U.S. Attorney's Offices (93 awards, $764 thousand). However, the dollars rankings diverge significantly: Veterans Affairs networks dominate potential value, with Veterans Integrated Service Network 20 anchoring $8.5 million (61 awards), followed by VISN 7 ($4.8 million, 27 awards), VISN 15 ($4.2 million, 34 awards), VISN 5 ($3.9 million, 18 awards), and VISN 19 ($2.6 million, 34 awards). These five VA networks account for 23% of combined potential value across all 1,730 awards. Stericycle works with 187 distinct customer agencies, indicating broad penetration of the federal market but concentrated revenue streams within specific customers.

Beyond the GSA Schedule 36 vehicle, Stericycle places task orders under four subsidiary BPAs: a Treasury BPA (TPDFINBPA070015, 104 task orders, $15 thousand), a Department of Justice BPA (DJD09NYA0003, 19 task orders, $51 thousand), an indefinite delivery contract (36C25918D0010, 7 task orders, $453 thousand), and a Labor BPA (S5121A20A0002, 7 task orders, $430 thousand). The company's award portfolio is dominated by paper shredding and related support services: the top PSC category is Support–Administrative: Paper Shredding (1,037 awards), followed by Support–Professional: Real Estate Brokerage (140 awards) and Housekeeping–Other (125 awards). By NAICS, All Other Industrial Machinery Manufacturing (1,278 awards) reflects the equipment-rental framing of recurring shredding services, with All Other Support Services (170 awards) and Office Administrative Services (140 awards) rounding out the profile.

Recent activity has declined materially: the source records 18 awards in 2022, 15 in 2023, 8 in 2024, 6 in 2025, and 1 award in 2026 year to date. Only six awards with ultimate completion dates in the next twenty-four months carry combined potential value of $1.8 million, indicating minimal recompete exposure in that window. Representative recent work includes a $811 thousand delivery order from Veterans Integrated Service Network 20 for document destruction at Puget Sound Health Care System facilities in Seattle, Washington and Alaska (base plus four optional one-year extensions through September 2028); a $690 thousand firm fixed-price order from Veterans Integrated Service Network 1 for shredding services at Jamaica Plain VA Medical Center in Boston (awarded July 2022, completing June 2027); a $167 thousand delivery order from the Indian Health Service for regulated medical waste pick-up and disposal at Red Lake, Minnesota (awarded May 2023, exercise of option year 2, completing May 2028); and recurring purchase orders from the DEA valued between approximately $660 and $7,345 for on-site shredding at Hamilton, Ohio; Cincinnati; North Carolina; and other locations, with annual contract values typically ranging from $1,000 to $7,500. Stericycle also holds a $82.5 thousand BPA call from the Defense Contract Management Agency for nationwide on-site document shredding services at Petersburg, Virginia (awarded September 2022), and a $34 thousand six-month option call from DCMA for nationwide shredding services through March 2026 (awarded September 2025).

Stericycle operates as a prime contractor exclusively; the source records zero subcontract awards. The company's federal contracting footprint traces to 2005 in SAM records and expanded materially through the 2010s and early 2020s before contracting sharply in the past three years. The combined potential value across all 1,730 awards stands at $103.3 million, with $45.1 million obligated (44% realization rate), and is heavily backloaded into multi-year VA and IHS contracts with completion dates between 2027 and 2028.