Department of Veterans Affairs Awarded a Contract to PREFERRED ELECTRIC, LLC for $617,800.00

Q: Where is PREFERRED ELECTRIC, LLC located?

2825 N 2ND ST MINNEAPOLIS MINNESOTA UNITED STATES

Signed on

6/30/2021, 12:00 AM

PREFERRED ELECTRIC, LLC Government Contract #36C26321P0665

PREFERRED ELECTRIC, LLC was awarded a contract with the United States Government for $617,800.00. The contract was awarded by the agency office NETWORK CONTRACT OFFICE 23 (36C263), 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 is Preferred Electric, LLC, a U.S.-owned business specializing in maintenance, repair, and rebuilding of equipment related to alarm, signal, and security detection systems. The contract, funded by the Department of Veterans Affairs, is for fire alarm testing services and is worth $617,800. Notable transactions include multiple payments to Preferred Electric, LLC ranging from $124,000 to $126,000 for various services related to the contract.

Contract Details

Contract ID36C26321P0665

Contract TypeB

Total Obligation$617,800.00

Exercised Options$617,800.00

Base Amount + Options$617,800.00

Date Signed2021-06-30

Contract DescriptionMVAMC FIRE ALARM TESTING SERVICE

Start Date2021-07-01

End Date2026-06-30

Agency Details

Awarding AgencyDepartment of Veterans Affairs

Awarding Sub AgencyDepartment of Veterans Affairs

Awarding OfficeNETWORK CONTRACT OFFICE 23 (36C263)

Funding AgencyDepartment of Veterans Affairs

Funding Sub AgencyDepartment of Veterans Affairs

Funding Office618-MINNEAPOLIS VA MED CTR (00618)

Recipient Details

RecipientPREFERRED ELECTRIC, LLC

Recipient Location2825 N 2ND ST MINNEAPOLIS MINNESOTA, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

Comments

Award Transactions

Transaction #P00005 | $126,000.00May 29, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $126,000.00 to PREFERRED ELECTRIC, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $125,500.00May 3, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $125,500.00 to PREFERRED ELECTRIC, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $-7,200.00February 26, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-7,200.00 to PREFERRED ELECTRIC, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $125,000.00May 1, 2023

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $125,000.00 to PREFERRED ELECTRIC, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $124,500.00June 1, 2022

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $124,500.00 to PREFERRED ELECTRIC, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $124,000.00June 30, 2021

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $124,000.00 to PREFERRED ELECTRIC, LLC. The payment included a Subsidy Cost of $0.00.