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Department of Transportation Awarded a Contract to GRAMERCY GROUP, INC. for $752,035.33

Signed on

12/9/2025, 12:00 AM

GRAMERCY GROUP, INC. Government Contract #697DCK26C00019

GRAMERCY GROUP, INC. was awarded a contract with the United States Government for $752,035.33. The contract was awarded by the agency office 697DCK REGIONAL ACQUISITIONS SVCS, which is a division with the Federal Aviation Administration within the Department of Transportation.

Summary of Award

The recipient of the federal contract is Gramercy Group, Inc., a U.S.-owned business located in Wantagh, New York. The contract, awarded by the Department of Transportation's Federal Aviation Administration, is for the construction and demolition of an existing air traffic control tower facility in Teterboro, New Jersey, with a total value of $752,035.33. Notable transactions include payments of $739,000, $13,035.33, and $21,272.23 on different dates related to the contract.

Contract Details

Contract ID697DCK26C00019
Contract TypeD
Total Obligation$752,035.33
Exercised Options$752,035.33
Base Amount + Options$752,035.33
Date Signed2025-12-09
Contract DescriptionCONSTRUCTION/DEMO OF EXISTING TEB ATCT FACILITY IN TETERBORO, NJ.
Start Date2025-12-09
End Date2026-12-31

Agency Details

Awarding AgencyDepartment of Transportation
Awarding Sub AgencyFederal Aviation Administration
Awarding Office697DCK REGIONAL ACQUISITIONS SVCS
Funding AgencyDepartment of Transportation
Funding Sub AgencyFederal Aviation Administration
Funding OfficeFAA

Recipient Details

RecipientGRAMERCY GROUP, INC.
Recipient Location3000 BURNS AVE WANTAGH NEW YORK, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Nonprofit Organization, Not Designated a Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business

Comments

Award Transactions

Transaction #P00002$21,272.23June 1, 2026

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $21,272.23 to GRAMERCY GROUP, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$13,035.33February 13, 2026

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $13,035.33 to GRAMERCY GROUP, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0$739,000.00December 9, 2025

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $739,000.00 to GRAMERCY GROUP, INC.. The payment included a Subsidy Cost of $0.00.