Federal contractor · MINNEAPOLIS, MN

PREFERRED ELECTRIC, LLC

PREFERRED ELECTRIC, LLC received $244.5K in federal contract obligations in FY2026, on 3 awards (−29% vs FY2025). Since FY2017: $52M. Its largest customer was Department of Veterans Affairs ($232.9K).

Obligations · FY2026
$244.5K
New awards
3
Sole-source
28%
Single offer
72%
UEI
DFGXFLY7UM41
Small businessVeteran-ownedService-disabled veteran-owned
Open in the contracts explorerRelationship graph

Spending by fiscal year

Obligations per federal fiscal year (October–September).

  1. 2.8MFY2017
  2. 182.9KFY2018
  3. 8MFY2019
  4. 1.7MFY2020
  5. 11.6MFY2021
  6. 3.7MFY2022
  7. 13.7MFY2023
  8. 9.6MFY2024
  9. 342.3KFY2025
  10. 244.5KFY2026

Top buying agencies

Obligations in FY2026.

  1. Department of Veterans Affairs$232.9K95%
    2 awards
  2. Federal Aviation Administration$11.6K4.7%
    1 awards

What was bought · Where the work was performed

Obligations in FY2026.

What was bought

  1. Construction & real property$175.6K72%
  2. Equipment maintenance$68.9K28%

Where the work was performed

  1. Hennepin County, MN$232.9K95%
  2. Dakota County, MN$11.6K4.7%

Integrity signals

Shares of the year's obligations, next to the country's.

  • Low competition100%
    US 39% · $244.5K
  • Sole-source awards28%
    US 30% · $68.9K
  • Single-offer competitions72%
    US 8.8% · $175.6K
  • Urgency justifications0.0%
    US 5.1% · $0

A signal is a reason to look closer, not evidence of wrongdoing: most sole-source awards are lawful and justified.

Agencies awarding it sole-source contracts

  1. Department of Veterans Affairs$68.9K
    Department of Veterans Affairs · 1 awards

Largest awards

  1. 618-23-102, CORRECT ELECTRICAL DEFICIENCIES- DESIGN BUILD - PROVIDE A LABOR AND MATERIALS TO COMPLETE WORK PER CONTRACT DOCUMENTS.$4.8M
    Department of Veterans Affairs· Hennepin County, MN· Construction & real property· Sep 20, 2024 – Aug 21, 2026· 36C26324C0080
  2. ZMP ARTCC MECHANICAL AND ELECTRICAL UPGRADES - PREFERRED SDVOSB SET ASIDE$714.8K
    Federal Aviation Administration· Dakota County, MN· Construction & real property· Dec 12, 2023 – Dec 4, 2025· 697DCK24C00063
  3. CHILLER ELECTRICAL SERVICE$68.9K
    Department of Veterans Affairs· Hennepin County, MN· Equipment maintenance· Mar 4, 2026 – Mar 6, 2026· 36C26326P0271

Subawards

Matched by Unique Entity ID: the first-tier subawards this organization reported as a prime recipient, and those primes reported paying it.

As a prime: who it pays · FY2026

No subawards reported as a prime in FY2026.

As a sub-recipient: who pays it · FY2026

No subawards reported to it in FY2026.

Primes report first-tier subawards of $30,000 or more themselves, and many go unreported (GAO-24-106214). Reporting moved from FSRS to SAM.gov in March 2025 and fewer sub-contracts have been reported since. Amounts are what primes reported; they are never added to prime award totals.

Source: Subawards (first-tier sub-contracts and sub-grants reported under FFATA) (U.S. Department of the Treasury, USAspending.gov (reports filed in SAM.gov, formerly FSRS)), data current to Oct 3, 2026, loaded Oct 3, 2026 · Subawards loaded from FY2021.

Teaming partners

Companies this company reported paying, primes that reported paying it, from FFATA subaward reports.

Companies it pays

No subawards reported to other companies.

Primes that pay it

1 company · $2.3M reported

  1. VERSACON, INC.$2.3M
    BROOKLYN PARK, MN · 1 subaward · Nonresidential building construction

Primes report first-tier subawards of $30,000 or more themselves, and many go unreported (GAO-24-106214). Reporting moved from FSRS to SAM.gov in March 2025 and fewer sub-contracts have been reported since. Amounts are what primes reported; they are never added to prime award totals.

Source: Subawards (first-tier sub-contracts and sub-grants reported under FFATA) (U.S. Department of the Treasury, USAspending.gov (reports filed in SAM.gov, formerly FSRS)), data current to Oct 3, 2026, loaded Oct 3, 2026 · Subawards loaded from 2021.

Competitors

Companies that win from the same buyers in the same markets: obligations by agency and industry compared over the last three fiscal years.

Compared on 6 markets (agency × industry), FY2024–FY2026.

  1. BP CONSTRUCTION JV LLC$15.3M−90% in FY2026
    PORT CHARLOTTE, FL · 96% of this company's obligations are in markets they both serveVeterans Affairs · Building equipment contractorsFederal Aviation Administration · Nonresidential building constructionVeterans Affairs · Nonresidential building construction+1 more
  2. GLOBE CONSTRUCTION COMPANY$5.6M−98% in FY2026
    OKLAHOMA CITY, OK · 47% of this company's obligations are in markets they both serveFederal Aviation Administration · Nonresidential building construction
  3. C&J GENERAL CONTRACTORS GROUP INC.$4.6M+279% in FY2026
    DETROIT, MI · 44% of this company's obligations are in markets they both serveVeterans Affairs · Building equipment contractorsVeterans Affairs · Nonresidential building construction

Showing the top 3 of 25 competitors. Open the profile for the full list.

Who sells to the same buyers in the same markets, not who wins against whom on a given contract. Prime contract obligations by the agency and NAICS code of each award; subawards are never added. A company is a family of legal entities, joined by parent UEI or, in part, by an AI reading of names.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 6, 2026, loaded Oct 6, 2026 · FY2024–FY2026.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 6, 2026, loaded Oct 6, 2026.