Veterans Development Corporation, Inc.

Norwell, MA Doing business as Veterans Development Corp Inc.

UEI
X3TQE41XJCA6
CAGE
42XC4
Primary NAICS
236220 Commercial and Institutional Building Construction
SAM.gov registration
Active through

Company facts

SBA certifications
Veteran-Owned Small Business
– · Current
Service Disabled Veteran-Owned Small Business
– · Current
Self-certified in SAM.gov
  • For Profit Organization
  • Veteran Owned Business
  • Service Disabled Veteran Owned Business
Entity structure
Corporate Entity (Not Tax Exempt)
NAICS codes registered in SAM.gov
Show all
SAM.gov registration date
Physical address
144 Lincoln St, Norwell, MA 02061, USA
Website
vetdevcorp.com
Founded
1929
Employees
11-50
Estimated annual revenue
$1M-$10M
Industry
  1. Industrials
  2. Capital Goods
  3. Construction & Engineering
SIC code
87 Engineering & Management Services
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Recent federal awards

Veterans Development Corporation, Inc.'s 5 most recent federal contract and grant awards, newest first. Amounts are dollars obligated.
Award Agency Obligated Awarded
Ratification. Contract · 36C24126P0733 Veterans Integrated Service Network 1 $70,478
MACC IDIQ minimum order $3,000/per IDIQ awardee Contract · FA283526F0030 AFLCMC Hanscom AFB $3,000
HVAC emergency services Contract · 36C24126P0275 Veterans Integrated Service Network 1 $317,589
523-26-002 ACA piping replacement - this work shall include demolition and replacement of hot water piping throughout… Contract · 36C24126N0113 Veterans Integrated Service Network 1 $953,411
VISN 1 construction MATOC to 1 min guarantee Contract · 36C77626N0122 VA Technology Acquisition Center $1,000

About Veterans Development Corporation, Inc.

Veterans Development Corporation, Inc., doing business as Veterans Development Corp Inc., is a service-disabled veteran-owned small business (SDVOSB) headquartered in Norwell, Massachusetts, that operates as a prime contractor delivering facilities construction, renovation, HVAC, mechanical systems repair, and infrastructure maintenance services to the Department of Veterans Affairs and the Department of the Air Force. The company competes predominantly under SDVOSB set-asides; approximately 70 percent of its federal awards carry SDVOSB designations, with the remainder split between full-and-open and total-small-business set-aside awards.

Veterans Development Corporation's customer footprint is heavily concentrated within the VA system. The top five funding agencies account for 98 percent of combined potential value across 301 awards. The Department of Veterans Affairs Technology Acquisition Center dominates the potential-value ranking with two awards totaling $1 billion combined potential value—a $1 billion VISN 1 Construction MATOC awarded December 16, 2025, and a $250 million Veterans Health Administration Integrated General Fund and Capital Technology IDIQ awarded July 12, 2023. Veterans Integrated Service Network 1 anchors the award-count ranking with 178 awards ($489.6 million combined potential value), covering construction, alteration, and repair services at VA healthcare facilities across Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. VISN 8 accounts for 10 awards ($256 million combined potential value), and the Air Force Materiel Command holds 12 awards ($26 million combined potential value) for facility maintenance and HVAC work at Hanscom Air Force Base. Recent concrete examples of Veterans Development Corporation's prime work include a $18.03 million women's health renovation at Bedford VA Medical Center (awarded November 29, 2023, SDVOSB set-aside, invoicing $6.8 million across 194 FTEs in FY2024), a $14.63 million Child Development Center renovation at Hanscom AFB (awarded September 26, 2025, total small business set-aside), a $3.43 million chilled water distribution extension at Leeds VA facility (awarded March 15, 2023, SDVOSB set-aside, running through March 24, 2026), and a $2.68 million above-ground storage tank replacement at Manchester, New Hampshire VA facility (awarded August 14, 2025, SDVOSB set-aside, delivered through August 17, 2026).

Veterans Development Corporation holds position on three major VA indefinite delivery vehicles: the $1 billion VISN 1 Construction MATOC 2025-2030 (awarded December 2025, five-year ordering period, ten-year effective period, multiple-award SDVOSB set-aside); the $100 million VISN 1 New England Healthcare System Construction MATOC 2024-2029 (awarded October 2024, multiple-award SDVOSB set-aside, with approximately $4.04 million in delivery orders issued as of December 2025); and the $250 million Veterans Health Administration Integrated General Fund and Capital Technology IDIQ (awarded July 2023, multiple-award SDVOSB set-aside, nationwide scope). Veterans Development Corporation also holds a position on the General Services Administration Multiple Award Schedule and operates under the Air Force Materiel Command's Multiple Award Contract for Small Purchase Orders (MACSPO) at Hanscom AFB. On the GSA Schedule, Veterans Development Corporation offers six labor categories spanning ground maintenance, project management, supervision, and skilled trades (pipefitter, plumber, foreman pipefitter), with rates ranging from $69.30/hr to $113.83/hr, all requiring high school education or equivalent and no security clearances.

Activity has remained steady over the past five years—8 awards in 2022, 8 in 2023, 10 in 2024, and 12 in 2025—with five awards (combined potential value $21.9 million) reaching ultimate completion inside the next twenty-four months and facing recompete. Service Contract Inventory shows SCI-reportable invoiced amounts of $4.9 million in FY2022, $8 million in FY2023, and $18.4 million in FY2024, with FTE counts rising from 2.4 in FY2022 to 5.5 in FY2024 across prime contracts captured in SCI. On SCI-reportable prime contracts, government-paid hourly rates ranged from a 10th percentile of $116.27/hr to a median of $755.10/hr, with senior labor pricing reaching $3,591.81/hr at the 90th percentile. Across SCI-reportable prime contracts, subcontractors represented approximately 14 percent of total contractor hours, with 18 named subcontractors engaged over the reporting period, indicating a primarily self-delivered model with selective subcontracting. Veterans Development Corporation subcontracts as a minority participant on Massachusetts Institute of Technology Lincoln Laboratory federally funded research and development center construction work under primes including MIT (five sub-awards between April 2024 and July 2025), HX5 LLC, and Valkyrie Enterprises, LLC, though sub-work accounts for only 2 percent of the vendor's total award count (5 of 301 awards).

The company's capability portfolio is concrete and specialized: VA facilities maintenance and renovation services (HVAC systems, boilers, chiller units, piping replacement, electrical upgrades, generator building corrections, rooftop unit replacement, steam and condensate systems, sewer and waterline repair, fire alarm and suppression systems, building envelope work), small to mid-scale construction at federal facilities (mechanical systems, site improvements, facility realignment, childcare center renovations), and rapid-response emergency repair services (water restoration, flood remediation, catch basin repair, emergency pipe and steam line repair) with typical 8-hour response times. Work is primarily firm fixed-price delivery orders and definitive contracts issued under VA construction MATOCs and Air Force small purchase orders. The vendor's award portfolio is NAICS-concentrated around commercial and institutional building construction (139 awards), plumbing, heating, and air-conditioning contractors (48 awards), and machinery and equipment repair and maintenance (9 awards), aligned with PSC codes for hospital maintenance (86 awards), hospital construction (22 awards), and plumbing/heating/waste disposal equipment maintenance (14 awards).

Contract vehicles

SBA capabilities narrative

General Construction,SERVICE AND INSTALLATION OF AIR-CONDITIONING, HEATING, DUCT WORK, MECHANICAL CONTRACTING, HVAC

Quick answers

What is Veterans Development Corporation, Inc.'s UEI?

Veterans Development Corporation, Inc.'s Unique Entity ID (UEI) in SAM.gov is X3TQE41XJCA6.

What is Veterans Development Corporation, Inc.'s CAGE code?

Veterans Development Corporation, Inc.'s CAGE code is 42XC4.

What is Veterans Development Corporation, Inc.'s primary NAICS code?

Veterans Development Corporation, Inc.'s primary NAICS code is 236220 (Commercial and Institutional Building Construction).

Where is Veterans Development Corporation, Inc. located?

Veterans Development Corporation, Inc.'s physical address in SAM.gov is 144 Lincoln St, Norwell, MA 02061, USA.

Is Veterans Development Corporation, Inc. registered in SAM.gov?

Yes. Veterans Development Corporation, Inc.'s SAM.gov registration is active through February 10, 2027.

Which SBA certifications does Veterans Development Corporation, Inc. hold?

Veterans Development Corporation, Inc. holds Veteran-Owned Small Business and Service Disabled Veteran-Owned Small Business certifications from the SBA.

Which contract vehicles does Veterans Development Corporation, Inc. hold?

Veterans Development Corporation, Inc. holds a place on 6 federal contract vehicles, including 03FAC, MAS and Veterans Integrated Service Network 1 MATOC 2025-2030.

What is Veterans Development Corporation, Inc.'s most recent federal award?

Veterans Development Corporation, Inc.'s most recent federal contract award is Ratification (36C24126P0733), from Veterans Integrated Service Network 1, on September 23, 2026.

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