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Department of Veterans Affairs Awarded a Contract to KONE INC for $3,684,854.40

Signed on

5/31/2024, 12:00 AM

KONE INC Government Contract #36C24124P0607

KONE INC was awarded a contract with the United States Government for $3,684,854.40. The contract was awarded by the agency office 241-NETWORK CONTRACT OFFICE 01 (36C241), which is a division with the Department of Veterans Affairs within the Department of Veterans Affairs.

Summary of Award

The recipient of the federal contract for elevator maintenance is KONE INC, a foreign-owned business incorporated in the U.S. The contract, funded by the Department of Veterans Affairs, is worth $1,350,036.40. Notable details include the contract being competitively awarded, the use of a firm fixed price contract, and the recipient being located in Moline, Illinois.

Contract Details

Contract ID36C24124P0607
Contract TypeB
Total Obligation$1,350,036.40
Exercised Options$1,350,036.40
Base Amount + Options$3,684,854.40
Date Signed2024-05-31
Contract DescriptionELEVATOR MAINTENANCE
Start Date2024-06-01
End Date2026-05-31

Agency Details

Awarding AgencyDepartment of Veterans Affairs
Awarding Sub AgencyDepartment of Veterans Affairs
Awarding Office241-NETWORK CONTRACT OFFICE 01 (36C241)
Funding AgencyDepartment of Veterans Affairs
Funding Sub AgencyDepartment of Veterans Affairs
Funding Office241-NETWORK CONTRACT OFFICE 01 (36C241)

Recipient Details

RecipientKONE INC
Recipient Location1 KONE CT MOLINE ILLINOIS, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Manufacturer of Goods, Not Designated a Small Business, Special Designations

Comments

Award Transactions

Transaction #P00003 | $26,820.00October 31, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $26,820.00 to KONE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $29,388.00September 10, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $29,388.00 to KONE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $694,096.40April 2, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $694,096.40 to KONE INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $655,940.00May 31, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $655,940.00 to KONE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $734,542.56May 28, 2026

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $734,542.56 to KONE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $32,660.00January 30, 2026

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $32,660.00 to KONE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $26,820.00October 31, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $26,820.00 to KONE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $29,388.00September 10, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $29,388.00 to KONE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $694,096.40April 2, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $694,096.40 to KONE INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $655,940.00May 31, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $655,940.00 to KONE INC. The payment included a Subsidy Cost of $0.00.