Veterans Development Corporation, Inc.
Norwell, MA
- UEI
- X3TQE41XJCA6
- CAGE
- 42XC4
- SAM.gov registration
- Active through
Company facts
- FY2025 rankings
- SBA certifications
-
Veteran-Owned Small Business– · CurrentService Disabled Veteran-Owned Small Business– · Current
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Other NAICS codes in SAM.gov
-
- 221330 Steam and Air-Conditioning Supply
- 236117 New Housing For-Sale Builders
- 236210 Industrial Building Construction
- 237110 Water and Sewer Line and Related Structures Construction
- 237120 Oil and Gas Pipeline and Related Structures Construction
- 237130 Power and Communication Line and Related Structures Construction
- 237310 Highway, Street, and Bridge Construction
- 237990 Other Heavy and Civil Engineering Construction
Show all 32
- 238120 Structural Steel and Precast Concrete Contractors
- 238140 Masonry Contractors
- 238170 Siding Contractors
- 238220 Plumbing, Heating, and Air-Conditioning Contractors
- 238290 Other Building Equipment Contractors
- 238910 Site Preparation Contractors
- 327310 Cement Manufacturing
- 327991 Cut Stone and Stone Product Manufacturing
- 332812 Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers
- 333414 Heating Equipment (except Warm Air Furnaces) Manufacturing
- 333618 Other Engine Equipment Manufacturing
- 334290 Other Communications Equipment Manufacturing
- 336611 Ship Building and Repairing
- 423320 Brick, Stone, and Related Construction Material Merchant Wholesalers
- 423620 Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers
- 488490 Other Support Activities for Road Transportation
- 541611 Administrative Management and General Management Consulting Services
- 541690 Other Scientific and Technical Consulting Services
- 561210 Facilities Support Services
- 561621 Security Systems Services (except Locksmiths)
- 561730 Landscaping Services
- 562910 Remediation Services
- 624230 Emergency and Other Relief Services
- 811310 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
- 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
-
- Industrials
- Capital Goods
- Construction & Engineering
- SIC code
- 87 Engineering & Management Services
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $2,862,687 |
| FY2025 | $24,131,344 |
| FY2024 | $2,294,400 |
| FY2023 | $18,001,972 |
Top agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of Veterans Affairs | $2,859,687 | |
| 2 | Air Force | $3,000 |
Contract vehicles
- Facilities Maintenance and Management
- Multiple Award Schedule
- Veterans Integrated Service Network 1 MATOC 2025-2030
- VISN 1 New England Healthcare System Construction MATOC 2024-2029
Expired vehicles (2)
Contract awards
Latest 5 listed here. See the rest on GovTribe.
Contract subawards
| Prime contractor | Prime award | Amount | Awarded |
|---|---|---|---|
| Massachusetts Institute Of Technology | FA870225FB003 | $94,424 | |
| Massachusetts Institute Of Technology | FA870225FB003 | $39,302 | |
| HX5 LLC | 0001 | $38,438 | |
| Valkyrie Enterprises, LLC | 0001 | $312,890 | |
| Valkyrie Enterprises, LLC | 0001 | $294,495 |
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About the company
Veterans Development Corporation, Inc., headquartered in Norwell, Massachusetts, is a service-disabled veteran-owned small business (SDVOSB) and veteran-owned small business (VOSB) that operates as a prime contractor delivering facilities construction, renovation, HVAC systems repair, mechanical infrastructure maintenance, and emergency facilities services to the Department of Veterans Affairs and the Department of the Air Force, with approximately 70 percent of its federal awards carrying SDVOSB set-aside designations. The company operates almost exclusively as a prime (98% of 304 recent awards), competing predominantly under set-aside vehicles reserved for veteran-owned and service-disabled veteran-owned firms.
Veterans Development Corporation's customer footprint is heavily concentrated in the VA's New England healthcare system. The top five customer entities account for 98% of combined potential value: the VA Technology Acquisition Center Austin (2 awards, $1 billion combined potential value, dominated by two recently awarded IDIQs); Veterans Integrated Service Network 1 (VISN 1, 179 awards, $490.5 million), which covers VA facilities across Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont; Veterans Integrated Service Network 8 (10 awards, $256 million); the Air Force Materiel Command (14 awards, $97.9 million); and the General Services Administration Public Buildings Service Region 1 (1 award, $13.2 million). VISN 1 dominates both volume and dollars—179 awards represent 59% of all recent prime work—reflecting Veterans Development Corporation's position as a primary infrastructure and construction services provider for VA medical centers across New England. The company's award footprint spans 18 distinct federal agencies.
Recent representative work includes a $14.6 million definitive contract from Air Force Materiel Command (September 2025) for selective renovation of the Child Development Center at Hanscom Air Force Base under a total small business set-aside; an $18.1 million definitive contract from VISN 1 (November 2023) for women's health renovation at Bedford VA Medical Center under SDVOSB set-aside; a $3.64 million definitive contract from VISN 1 (July 2025) for electrical system corrections at the Leeds VA facility under NAICS 238210; and multiple delivery orders under the VISN 1 New England Healthcare System Construction MATOC, including a $2.677 million order (August 2025) for above-ground storage tank replacement at Manchester, New Hampshire and a $1.444 million order (December 2025) for hot water piping replacement at Jamaica Plain, Massachusetts. Work is concentrated in mechanical systems (HVAC, plumbing, steam), electrical infrastructure, emergency repairs, and building renovations, grounded in concrete facility-maintenance and construction NAICS codes: 141 awards in Commercial and Institutional Building Construction, 48 in Plumbing, Heating, and Air-Conditioning Contractors (NAICS 238220), and 9 in commercial and industrial machinery repair and maintenance.
Veterans Development Corporation holds a portfolio of three active indefinite delivery contracts anchoring most of its federal work. The company received a newly awarded $1 billion multiple-award IDIQ from the VA Technology Acquisition Center (December 2025, set aside for SDVOSB) for construction, repair, and alteration services across VA medical facilities in all six New England states, running through December 15, 2030, with a five-year ordering period and ten-year effective term. It also holds a $100 million multiple-award MATOC with VISN 1 (October 2024, SDVOSB set-aside) providing rapid-response construction and facilities services to VA healthcare facilities in the New England region through November 11, 2029, from which it has issued 38 task orders totaling $28.3 million in combined potential value as of the most recent source date. Additionally, Veterans Development Corporation was awarded a $71.875 million single-award indefinite-delivery contract by Air Force Materiel Command (June 2026, total small business set-aside) for construction, renovation, HVAC, mechanical systems repair, and infrastructure maintenance services at Hanscom Air Force Base through June 14, 2031. The company also maintains a position on the GSA Multiple Award Schedule, with 17 task orders delivering $5 million across labor categories ranging from Ground Maintenance Laborer ($69.30/hr) through Foreman Pipefitter ($113.83/hr), spanning project management, plumbing, pipefitting, and supervisory roles with high-school-level education requirements and no security-clearance prerequisites.
Activity has remained relatively stable—8 awards in 2022 and 2023, 10 in 2024, 12 in 2025—with four awards recorded in 2026. The combined potential value across all awards stands at $1.9 billion, with $198.1 million obligated (10% realization rate). Six awards are scheduled for completion within the next twenty-four months with combined potential value of $20.8 million, representing moderate recompete exposure. SCI-reported invoiced revenue on federal service contracts was $46.8 million across FY2022–FY2025, with FY2024 representing the peak at $18.4 million; FY2025 SCI-reported invoicing declined to $15.4 million. On SCI-reportable prime contracts, government-paid hourly rates ranged from $181.71/hr at the 10th percentile to $2,376.81/hr at the 90th percentile, with a median of $552.71/hr, reflecting a labor mix spanning tradespersons, supervisors, and project management. Across SCI-reportable prime contracts, an average of 15 percent of contractor hours were performed by subcontractors, with 49 total named subcontractors reported; the company self-performs the majority of its direct delivery work.
Veterans Development Corporation operates as a sub on five federal awards—two 2025 sub-contracts under MIT Lincoln Laboratory facility construction work (to Massachusetts Institute of Technology as prime, April and July 2025), and three 2023–2024 MIT Lincoln Laboratory construction sub-awards (to Valkyrie Enterprises, LLC and HX5 LLC as primes). These represent a minimal share of the vendor's overall footprint (2% of awards) and reflect construction-support engagement rather than a primary subcontracting strategy.
SBA capabilities narrative
General Construction,SERVICE AND INSTALLATION OF AIR-CONDITIONING, HEATING, DUCT WORK, MECHANICAL CONTRACTING, HVAC
Quick answers
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.
How much has Veterans Development Corporation, Inc. received in federal contracts?
Federal contracts obligated $24,131,344 to Veterans Development Corporation, Inc. in fiscal year 2025 and $47,290,403 in fiscal years 2023 through 2027.
How does Veterans Development Corporation, Inc. rank among federal contractors?
Veterans Development Corporation, Inc. ranked #6 in PSC N061, #8 in PSC Z2QA and #24 in PSC Z1DZ in FY2025.
What is Veterans Development Corporation, Inc.'s most recent federal award?
Veterans Development Corporation, Inc.'s most recent federal contract award is BB - replace deteriorated AHU 21, 22, 23 and 24, project number 573-21-705 (36C24827C0008), from Veterans Integrated Service Network 8 (VHA), on October 21, 2026.
On GovTribe
See Veterans Development Corporation, Inc.'s full federal record
- Federal contract awards
- IDV awards
- Contract vehicles
- Subcontracting relationships
- Funding analysis by agency, NAICS and set-aside
- Similar vendors