Recipients › Alaska › Bering Straits Development Co.
Recipient organisation · UEI JKVGH5AHG2B5
Bering Straits Development Co.
USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026. View the USAspending recipient profile.
Bering Straits Development Co., of Nome, AK, was obligated $50M in federal awards across the 3 fiscal years in which it reached the $1.0M listing floor (2024, 2025, 2026).
In FY2026, the most recent complete fiscal year, obligations were $39M, of which $39M (100%) came through contracts.
That is up 468% on FY2025 ($6.9M).
Bering Straits Development Co. ranks 213 of 578 listed organisations located in AK by five-year obligations, and 9,679 of 30,000 nationally.
Its $1.0M-plus awards since FY2023 came from Department of Homeland Security: 5 awards worth $50M in total award value.
Its largest contract industry is NAICS 236220 (Commercial and Institutional Building Construction), where it ranks 371 of 1,602 organisations by the value of $1.0M-plus awards.
Obligations by fiscal year contracts vs assistance
| Fiscal year | All obligations | Contracts | Assistance | Change |
|---|---|---|---|---|
| FY2023 | under $1.0M | — | — | — |
| FY2024 | $3,624,294 | $3,624,294 | $0 | — |
| FY2025 | $6,874,742 | $6,874,742 | $0 | +90% |
| FY2026 | $39,015,485 | $39,015,485 | $0 | +468% |
| FY2027 to date | under $1.0M | — | — | — |
A fiscal year runs 1 October to 30 September. "Contracts" are procurement award types A–D; "assistance" is everything else (grants, direct payments, loan subsidy cost, insurance, other). The contracts column is listed only where contract obligations alone reached $1.0M; the assistance figure is the remainder and may therefore include up to $1.0M of contracts.
Compared with its state and the largest recipients five listed years
| Measure | This organisation | Largest in AK | Largest nationally |
|---|---|---|---|
| Five-year obligations (listed years) | $50M | $12B | $416B |
| FY2026 obligations | $39M | $3.5B | $118B |
| Contracts, five years | $50M | under $1.0M | $94B |
| Assistance, five years | $0 | $12B | $416B |
| Rank by five-year obligations | 9,679 of 30,000 | 1 of 578 in AK | 1 |
Largest in state: State of Alaska Department of Health. Largest nationally: Health Care Services, California Department of. Rankings count organisations located in the state, by the sum of their listed fiscal years.
Awarding agencies $1.0M+ awards since FY2023
| # | Agency | Awards | Award value | Share |
|---|---|---|---|---|
| 1 | Department of Homeland Security | 5 | $50M | 100% |
Contract industries NAICS
Rank within NAICS 236220: 371 of 1,602 organisations by $1.0M+ award value; see Commercial and Institutional Building Construction.
Places of performance $1.0M+ awards
Counties: Ketchikan Gateway Borough, AK $36M · Kodiak Island Borough, AK $9.4M · Chugach Census Area, AK $3.7M
Largest awards begun since FY2023
| Awarding agency | Type | Industry or program | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Department of Homeland SecurityU.S. Coast Guard | ContractDelivery Order | 236220 Commercial and Institutional Building Construction | $36M | 13 Aug 2026 | AK | USAspending |
| Department of Homeland SecurityU.S. Coast Guard | ContractDelivery Order | 236220 Commercial and Institutional Building Construction | $4.4M | 4 Mar 2025 | AK | USAspending |
| Department of Homeland SecurityU.S. Coast Guard | ContractDelivery Order | 236220 Commercial and Institutional Building Construction | $3.7M | 6 Sep 2024 | AK | USAspending |
| Department of Homeland SecurityU.S. Coast Guard | ContractDelivery Order | 236220 Commercial and Institutional Building Construction | $2.5M | 12 Dec 2025 | AK | USAspending |
| Department of Homeland SecurityU.S. Coast Guard | ContractDelivery Order | 236220 Commercial and Institutional Building Construction | $2.5M | 5 Mar 2025 | AK | USAspending |
Award value is the amount obligated to the award to date as USAspending reports it. Descriptions below are USAspending's text, unedited and truncated; those that appear to name a person are withheld.
- $36M, Department of Homeland Security, 13 Aug 2026: AWARD-MAINTENANCE & REPAIR INDUSTRIAL PRODUCTION FACILITY BASE KETCHIKAN
- $4.4M, Department of Homeland Security, 4 Mar 2025: KODIAK REPAIR HANGAR 3-CRVI MGMNT
- $3.7M, Department of Homeland Security, 6 Sep 2024: MAINTENANCE &RENOVATION MSU/CARPENTERS SHOP, VALDEZ, AK
- $2.5M, Department of Homeland Security, 12 Dec 2025: IN ACCORDANCE WITH PARAGRAPH 2 (D) IMPLEMENTING THE PRESIDENT'S "DEPARTMENT OF GOVERNMENT EFFICIENCY" COST EFFICIENCY INITIATIVE FEB 26, 2025
- $2.5M, Department of Homeland Security, 5 Mar 2025: AWARD REPAIR OF POTABLE WATER PIPING LOWER GOVERNMENT HILL HOUSING AREA, BASE KODIAK, AK IN ACCORDANCE WITH PARAGRAPH 2(D) IMPLEMENTING EXECUTIVE ORDER 14158 OF
Questions and answers
How much federal money does Bering Straits Development Co. receive?
$50M in award obligations over the fiscal years it is listed for (FY2024: $3.6M; FY2025: $6.9M; FY2026: $39M). Years not listed were under the $1.0M floor. Obligations are binding commitments, not payments made.
Which agencies award to Bering Straits Development Co.?
By the value of $1.0M-plus awards begun since FY2023: Department of Homeland Security ($50M).
What is the money for?
Contracts are classified under NAICS 236220 Commercial and Institutional Building Construction.
Where is the work performed?
Primary places of performance for its larger awards: AK ($50M).
Is Bering Straits Development Co. a large federal recipient?
It ranks 9,679 of 30,000 organisations on this site by five-year obligations and 213 of 578 located in AK. The site covers organisations with at least $1.0M in a fiscal year; individuals are excluded.
Where does this data come from?
USAspending.gov (U.S. Treasury), award transactions as loaded on 30 Sep 2026; fiscal-year totals via the spending-by-category endpoint and award lists via the award search endpoint. The USAspending recipient profile is the authoritative record.
Provenance
Source: USAspending.gov API v2 (U.S. Department of the Treasury, Bureau of the Fiscal Service), CC0. Fiscal-year obligations from the spending-by-category recipient ranking by recipient state (listing floor $1.0M per year); awards from the award search endpoint (new awards of $1.0M or more by base obligation date); parent and business categories from the recipient profile where fetched. Closed fiscal years are snapshots taken after year end; FY2027 is refreshed on each build. Data loaded by USAspending on 30 Sep 2026. Individuals and sole proprietors are excluded at ingest. Errors in processing are corrected at the next build; see corrections and the methodology.