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Department of Transportation Awarded a Contract to RANCO CONSTRUCTION INC for $291,311,146.00

Signed on

1/7/2025, 12:00 AM

RANCO CONSTRUCTION INC Government Contract #692M1525G00026

RANCO CONSTRUCTION INC was awarded a contract with the United States Government for $291,311,146.00. The contract was awarded by the agency office 692M15 ACQUISITION & GRANTS, AAQ600, which is a division with the Federal Aviation Administration within the Department of Transportation.

Summary of Award

The recipient of the federal contract is RANCO CONSTRUCTION INC, a U.S.-owned small business based in New Jersey. The contract, valued at $291,311,146, is for the construction of administrative facilities and service buildings. The funding agency is the Department of Transportation, specifically the Federal Aviation Administration. Notable transactions include three instances in 2025 and 2026 with transaction amounts of $0 each.

Contract Details

Contract ID692M1525G00026
Contract TypeIDV_D
Total Obligation$0.00
Exercised Options
Base Amount + Options$291,311,146.00
Date Signed2025-01-07
Contract DescriptionWJHTC CONSTRUCTION QVL
Start Date2025-01-07
End Date2034-12-31

Agency Details

Awarding AgencyDepartment of Transportation
Awarding Sub AgencyFederal Aviation Administration
Awarding Office692M15 ACQUISITION & GRANTS, AAQ600
Funding AgencyDepartment of Transportation
Funding Sub AgencyFederal Aviation Administration
Funding OfficeFAA

Recipient Details

RecipientRANCO CONSTRUCTION INC
Recipient Location2 COLEMAN CT SOUTHAMPTON NEW JERSEY, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00002 |Β $0.00February 18, 2026

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $0.00 to RANCO CONSTRUCTION INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 |Β $0.00July 16, 2025

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $0.00 to RANCO CONSTRUCTION INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 |Β $0.00January 7, 2025

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $0.00 to RANCO CONSTRUCTION INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.