Vertical Bridge Reit, LLC

Vertical Bridge Reit, LLC, a for-profit corporate entity based in Boca Raton, Florida, constructs broadband tower infrastructure for rural broadband expansion as a sub-recipient on federal grant programs and, in minimal capacity, as a prime contractor on direct federal purchases. The vendor's federal footprint is heavily concentrated in sub-recipient work under the Department of Commerce's National Telecommunications and Information Administration, with a single micro-scale prime contract with the FBI.

Vertical Bridge operates almost exclusively as a grant sub-recipient rather than a prime contractor — three of four recent awards (75%) are sub-awards under Zayo Group LLC as prime grantee. The vendor's primary federal role is constructing middle-mile fiber network infrastructure in the form of 180-foot broadband towers designed to host up to four wireless internet service providers on a non-discriminatory basis, enabling fixed wireless broadband and 5G expansion to unserved and underserved rural communities. Three grant sub-awards from June and July 2023 under Zayo Group for Department of Commerce NTIA broadband programs represent the core of Vertical Bridge's federal footprint; the vendor owns all tower assets and related infrastructure built under these awards. A single prime contract from September 2024 — a $3,500 firm-fixed-price purchase order from the FBI Headquarters Division for structural analysis on Mad Mare Mountain, ultimately completed December 16, 2024 — represents the sole direct federal prime award in the source data.

Customer concentration is split between two agencies: the Department of Commerce NTIA (3 awards) and the Department of Justice FBI (1 award, $4 thousand potential value). The portfolio shows minimal award velocity — one award in 2024 after three in 2023 — and carries a significant mismatch between potential value ($4 thousand) and obligated dollars ($13.6 million), indicating that the grant sub-awards have drawn substantial federal funding against modest contract ceilings. No recompete or vehicle-renewal activity is signaled by the source data.