Trio Asbestos Removal Corp.

Trio Asbestos Removal Corp., a for-profit Subchapter S corporation based in Flushing, New York, is a federal prime contractor delivering commercial and institutional building construction, asbestos remediation, and facility infrastructure services to civilian agencies through the GSA Public Buildings Service Region 2 General Construction and Design-Build Construction Services IDIQ. The vendor competes across a mix of set-asides (Total Small Business on roughly 40% of recent task orders) and full-and-open awards; it has held its seat on the PBS R2 IDIQ since at least 1998 and operates exclusively as a prime contractor — no sub work appears in the source data.

Customer concentration is extreme and deliberate. GSA Public Buildings Service Region 2 accounts for approximately 97% of the combined potential value across the vendor's portfolio: 70 awards under the core PBS R2 IDIQ carrying $638 million in combined potential value, plus 60 additional awards through other GSA PBS vehicles totaling an undisclosed value. The remaining three percent splits among Social Security Administration (12 awards, $10.7 million), Department of Homeland Security Customs and Border Protection ($4.1 million), Department of State Bureau of Consular Affairs ($2.4 million), and the Administrative Office of the U.S. Courts (4 awards, $2.4 million). Representative work includes a $3.5 million fire alarm notification system upgrade at the Jacob K. Javits Federal Building under Total Small Business set-aside (awarded July 2024, due April 2026), a $2.8 million parking lot repave at the D'Amato U.S. Courthouse in Central Islip under full-and-open (September 2024, due March 2025), a $2.2 million asbestos-containing material testing scope for the ICE/OPLA 7th Floor Expansion Project at 201 Varick Street under Total Small Business set-aside (February 2026, due December 2026), and a $3.0 million MER epoxy project for SSA at the Joseph P. Addabbo Building (April 2023, now closed out). Work spans commercial office building repairs, building envelope restoration, parking infrastructure, emergency systems upgrades, fuel tank replacement, cooling tower design-build, courthouse modernization, and hazardous-material remediation across New York, New Jersey, and Connecticut.

The vendor's vehicle footprint is dominated by five GSA indefinite-delivery contracts. The lead vehicle is GS02P07PVD0010 with 44 task orders carrying $34.3 million in combined potential value, followed by GS02P14PCD0014 (22 task orders, $35.8 million), GS02P01PCD0026 (84 task orders, $8.4 million), and GS02P99PLD0010 (23 task orders, $106 thousand). The core PBS R2 General Construction and Design-Build Construction Services IDIQ shows 23 task orders and $25.4 million combined potential value in the source slice, though the actual portfolio carries hundreds of awards under this vehicle.

Activity has contracted. Awards per year show a decline from a post-pandemic high: three awards in 2022, three in 2023, six in 2024, four in 2025, and two in the first five months of 2026. The recompete cliff in the next twenty-four months is minimal: only four awards with ultimate completion dates before July 2028, carrying combined potential value of $3.8 million. Most of Trio's portfolio ceiling is embedded in long-standing IDIQs with no scheduled expiration captured in the source data.

SCI-reportable invoicing on federal service contracts above the $150,000 threshold totaled $17.2 million across FY2022–FY2024 ($6.4 million in FY2022, $6.5 million in FY2023, $4.3 million in FY2024), representing a downward trajectory. The vendor scaled FTE delivery from roughly 2.6 FTEs in FY2022 to 1.4 FTEs in FY2024 on SCI-reportable prime contracts. Government-paid hourly rates on these SCI records median around $763 per hour, with senior labor pricing through $2,125 per hour and entry-level rates as low as $408 per hour. Across SCI-reportable prime contracts, named subcontractors account for an average of 29% of contractor hours; the vendor has named 11 subcontractors in SCI records, including Triangle General Contractors, Inc., a self-certified small disadvantaged and woman-owned business based in New York. The SCI dataset captures a small slice of Trio's federal services footprint — roughly two to three percent of annual contract ceiling — and excludes goods, products, micro-purchases, classified work, and most of the vendor's construction and design-build delivery.