Trio Asbestos Removal Corp.

Trio Asbestos Removal Corp., a for-profit Subchapter S corporation headquartered in Flushing, New York, delivers commercial and institutional building construction, renovation, design-build services, and specialized asbestos remediation to federal agencies as a prime contractor exclusively — operating 100% as a prime across 229 recent awards with combined potential value of $677.3 million. The vendor competes predominantly under the Total Small Business set-aside across GSA's Public Buildings Service Region 2 IDIQ, though it also wins full-and-open delivery orders with multiple civilian agencies.

Trio's federal footprint concentrates overwhelmingly on GSA Public Buildings Service Region 2, which accounts for 71 awards and $638.3 million in combined potential value — 94% of the vendor's portfolio. The remaining customer agencies — Social Security Administration (12 awards, $10.7 million), Department of Homeland Security Customs and Border Protection, Department of State Bureau of Consular Affairs, Administrative Office of the U.S. Courts (4 awards, $2.4 million), Immigration and Customs Enforcement, and others — round out a 97% combined-value concentration across five customer agencies. Work spans federal facilities across New York, New Jersey, and Connecticut, with a geographic anchor at 201 Varick Street in New York, where Trio has executed multiple task orders for tenant agencies including Immigration and Customs Enforcement, the Occupational Safety and Health Administration, and the Department of State.

Concrete capability examples include a $3.5 million fire alarm notification system upgrade at the Jacob K. Javits Federal Building in Manhattan (July 2024), a $2.8 million parking-lot repave at the Alfonse D'Amato Federal Courthouse in Central Islip (September 2024), a $2.4 million design-build finishes refresh at the Department of State's passport office at 201 Varick (November 2022), a $2.1 million Immigration and Customs Enforcement seventh-floor expansion with card-reader installation at 201 Varick (February 2026), a $1.2 million building envelope repair at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in Brooklyn (February 2023), and specialized asbestos removal work ($474.6 thousand, February 2023). The vendor's primary NAICS concentration is Commercial and Institutional Building Construction (183 awards), with secondary exposure in Remediation Services (9 awards).

Trio sits on the PBS R2 General Construction and Design-Build Construction Services IDIQ as its dominant parent vehicle — the vendor placed 26 task orders valued at $26.4 million under this vehicle, but the broader GSA IDIQ ecosystem (across multiple subordinate regional and functional IDIQs such as GS02P01PCD0026, GS02P07PVD0010, and GS02P14PCD0014) carries 84, 44, and 22 task orders respectively, with combined potential values of $8.4 million, $34.3 million, and $35.8 million. The vehicle portfolio reflects Trio's positioning as a recurring task-order vendor within the GSA regional facilities-services ecosystem rather than a prime holder of the underlying IDIQ itself.

Activity has remained modest in recent years — 3 awards in 2022, 3 in 2023, 6 in 2024, 4 in 2025, and 5 in 2026 — signaling flat-to-slight-growth trajectory with low annual volume. Awards completing in the next twenty-four months total seven delivery orders with combined potential value of $4.8 million, representing moderate recompete exposure. SCI-reported invoicing totaled $21.6 million across FY2022–FY2025, with $6.4 million in FY2022 declining to $4.4 million in FY2025; FTE delivery scaled from 2.6 FTEs in FY2022 to 0.3 FTEs in FY2025, reflecting project-based, episodic staffing aligned to task-order timing rather than sustained headcount. Median government-paid hourly rates on federal services contracts captured in SCI ran around $1,256/hr, with senior labor pricing reaching $3,850/hr and entry-level work at $410/hr. Across SCI-reportable prime contracts, an average 26% sub-hours share indicates Trio relies on subcontractor labor for roughly one-quarter of delivered hours, with 15 named subcontractors across the prime contract base — a pattern consistent with design-build and renovation delivery on federal facilities, where Trio primes the work and brings specialized trades (electrical, plumbing, HVAC, envelope repair) as subs.