Thermo Dynamics Inc.

Thermo Dynamics Inc., a Service-Disabled Veteran-Owned Small Business (SDVOSB) headquartered in Eliot, Maine, delivers HVAC maintenance, repair, and installation services to the Department of Veterans Affairs, Department of the Air Force, and allied federal agencies almost exclusively as a prime contractor (98% of recent awards), competing predominantly under SDVOSB set-aside designations with secondary participation in total small business set-asides.

The vendor's capability portfolio centers on mechanical systems work: chiller maintenance and replacement, boiler and heat-pump installation, gasket replacement in chilled-water piping systems, and preventive HVAC maintenance at federal medical facilities and military installations. Representative prime work includes a $371,875 SDVOSB-set-aside purchase order from Veterans Integrated Service Network 1 (awarded April 3, 2026) to replace approximately 490 gaskets in the chilled-water system at the Central Western Massachusetts VA Medical Center with completion required by May 3, 2026; an $840,061 SDVOSB-set-aside chiller maintenance contract at White River Junction, Vermont running through May 22, 2027; and a $303,410 total-small-business-set-aside chiller and boiler installation for the Air National Guard at Newington, New Hampshire completed in August 2024. Work spans NAICS 238220 (Plumbing, Heating, and Air-Conditioning Contractors — 30 of 66 awards) and related construction and equipment repair categories, with PSC coding concentrated on refrigeration and air-conditioning equipment maintenance and repair (15 awards).

Thermo Dynamics operates under acute customer concentration. The Department of Veterans Affairs Veterans Health Administration Veterans Integrated Service Network 1 accounts for 71% of award count (30 awards, $37.3 million combined potential value) and 50% of combined potential value across the portfolio. The Air National Guard comprises the second-largest customer segment (7 awards, $628 thousand combined potential value), with the Department of Transportation, other VA offices, and Naval Sea Systems Command contributing minor additional volume. The vendor sits on a single named parent vehicle: the Indefinite Delivery Contract VA241C1310 under VISN 1, which carries 12 task orders and $32.4 million in combined potential value. Activity has declined sharply — three awards in 2022 declining to one in each of 2025 and 2026 — and the recompete cliff is minimal: only three awards (combined potential value $1.8 million) face ultimate completion within the next twenty-four months. One subcontract award appears in the source: work subcontracted to Electric Boat Corporation in June 2024 for design-engineering and administrative support, though scope details are unavailable. Combined potential value across all 66 awards (prime and sub) stands at $78.1 million, with $19.4 million obligated to date.