FIRM FIXED PRICESERVICE DISABLED VETERAN OWNED SMALL BUSINESS SET-ASIDE

PANACEA CONSTRUCTION GROUP LLC - PROJECT 553-20-101 - ELEVATOR REPLACEMENT BLDG 100

PIID: 36C25023C0086Solicitation ID: 36C25023B0006
Signed Date: Feb 25, 2026Effective Date: Jun 21, 2023End Date: Closed on Apr 30, 2026
Award $
$10.6M
Vendor
PANACEA CONSTRUCTION GROUP LLC
NAICS
238290
Signed Date
Feb 25, 2026

Key Details

Dollars Obligated
$10.6M
Base & All Options
$29,663.67
Awarding Sub-Agency
Department of Veterans Affairs
Product Service Code
Z1DA - MAINTENANCE OF HOSPITALS AND INFIRMARIES
Extent Competed
FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers
5
Place of Performance
DETROIT, MI, 482011916, CD-MI-13

Description

PROJECT 553-20-101 - ELEVATOR REPLACEMENT BLDG 100

Context & Analysis

On Feb 25, 2026, Department of Veterans Affairs obligated $10,645,366.46 to PANACEA CONSTRUCTION GROUP LLC for project 553-20-101 - elevator replacement bldg 100. The award is classified under NAICS 238290 — OTHER BUILDING EQUIPMENT CONTRACTORS and issued as a firm fixed price contract. Competition extent: full and open competition after exclusion of sources with 5 offers received. The procurement used a SERVICE DISABLED VETERAN OWNED SMALL BUSINESS SET-ASIDE set-aside. Performance is located in DETROIT, MI. This award is one of several similar procurements from Department of Veterans Affairs under NAICS 238290 — related awards are listed below.

Market context

Recompete outlook
Ended Apr 30, 2026 (6 months ago). Recompete signal as of Oct 13, 2026: 48/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition
Competed, with 5 offers. 79% of 135 awards in this market (Department of Veterans Affairs awards in NAICS 238290 over the last 3 years) were competed; median 3 offers.
Award size
At $10.6M, this award is larger than 19 in 20 of the 131 priced Department of Veterans Affairs awards in NAICS 238290 over the last 3 years (median $255K).
Incumbent at this agency
PANACEA CONSTRUCTION GROUP LLC has 23 other awards from Department of Veterans Affairs, totalling $23.9M, 2023–2026.
Largest vendors in this market

By obligations, Department of Veterans Affairs awards in NAICS 238290 over the last 3 years.

Computed from USAspending award data on Oct 13, 2026.

Contractor Information

UEI: DARPZL19UP45
CAGE Code: 6FNU3
Location: DUBOIS, WY
View Full Record on USASpending.gov

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