Recipients › Illinois › Kone Inc
Recipient organisation · UEI RR4DVMQCVAS5
Kone Inc
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.
Kone Inc, of Moline, IL, was obligated $55M in federal awards across the 4 fiscal years in which it reached the $1.0M listing floor (2023, 2024, 2025, 2026).
In FY2026, the most recent complete fiscal year, obligations were $6.8M, of which $5.5M (81%) came through contracts.
That is down 47% on FY2025 ($13M).
Kone Inc ranks 201 of 781 listed organisations located in IL by five-year obligations, and 8,969 of 30,989 nationally.
Its $1.0M-plus awards since FY2023 came from General Services Administration and Department of Veterans Affairs: 8 awards worth $20M in total award value.
Its largest contract industry is NAICS 238290 (Other Building Equipment Contractors), where it ranks 11 of 61 organisations by the value of $1.0M-plus awards.
Obligations by fiscal year contracts vs assistance
| Fiscal year | All obligations | Contracts | Assistance | Change |
|---|---|---|---|---|
| FY2023 | $16,718,757 | $13,340,072 | $3,378,685 | — |
| FY2024 | $18,186,116 | $15,223,211 | $2,962,905 | +9% |
| FY2025 | $12,869,774 | $9,510,865 | $3,358,909 | -29% |
| FY2026 | $6,827,935 | $5,505,089 | $1,322,846 | -47% |
| 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 IL | Largest nationally |
|---|---|---|---|
| Five-year obligations (listed years) | $55M | $89B | $416B |
| FY2026 obligations | $6.8M | $26B | $118B |
| Contracts, five years | $44M | under $1.0M | $94B |
| Assistance, five years | $11M | $89B | $416B |
| Rank by five-year obligations | 8,969 of 30,989 | 1 of 781 in IL | 1 |
Largest in state: Illinois Department of Healthcare & Family Services. 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 | General Services Administration | 6 | $15M | 78% |
| 2 | Department of Veterans Affairs | 2 | $4.3M | 22% |
Contract industries NAICS
Rank within NAICS 238290: 11 of 61 organisations by $1.0M+ award value; see Other Building Equipment Contractors.
Places of performance $1.0M+ awards
Counties: Jefferson County, KY $3.2M · Miami-Dade County, FL $3.0M · Salt Lake County, UT $2.7M · Broward County, FL $2.6M · 09170 $2.2M
Largest awards begun since FY2023
| Awarding agency | Type | Industry or program | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| General Services AdministrationPublic Buildings Service | ContractDelivery Order | 238290 Other Building Equipment Contractors | $3.2M | 27 Mar 2023 | KY | USAspending |
| General Services AdministrationPublic Buildings Service | ContractDelivery Order | 238290 Other Building Equipment Contractors | $3.0M | 25 Jul 2024 | FL | USAspending |
| General Services AdministrationPublic Buildings Service | ContractDelivery Order | 238290 Other Building Equipment Contractors | $2.7M | 11 Sep 2024 | UT | USAspending |
| General Services AdministrationPublic Buildings Service | ContractDelivery Order | 238290 Other Building Equipment Contractors | $2.6M | 15 Jun 2023 | FL | USAspending |
| Department of Veterans Affairs | ContractPurchase Order | 238290 Other Building Equipment Contractors | $2.2M | 31 May 2024 | CT | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 561210 Facilities Support Services | $2.2M | 29 Mar 2023 | WA | USAspending |
| General Services AdministrationPublic Buildings Service | ContractDelivery Order | 238290 Other Building Equipment Contractors | $2.1M | 19 Jul 2024 | CO | USAspending |
| General Services AdministrationPublic Buildings Service | ContractDelivery Order | 238290 Other Building Equipment Contractors | $1.6M | 29 Jun 2023 | NC | 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.
- $3.0M, General Services Administration, 25 Jul 2024: ELEVATOR MODERNIZATIONS AT JAMES L KING CTHS, MIAMI, FL - FL0517ZZ
- $2.7M, General Services Administration, 11 Sep 2024: ELEVATOR REMODEL AND UPGRADES AT THE WALLACE F. BENNETT FEDERAL BUILDING. 125 STATE ST, SALT LAKE CITY, UT
- $2.6M, General Services Administration, 15 Jun 2023: ELEVATOR MODERNIZATION OF PASSENGER ELEVATORS AT THE FORT LAUDERDALE FEDERAL COURTHOUSE IN FORT LAUDERDALE FL
- $2.2M, Department of Veterans Affairs, 31 May 2024: ELEVATOR MAINTENANCE
- $2.2M, Department of Veterans Affairs, 29 Mar 2023: ELEVATOR MAINTENANCE/INSPECTION FOR PUGET SOUND HEALTH CARE SYSTEM.
- $2.1M, General Services Administration, 19 Jul 2024: MAJOR ELEVATOR REPAIR PROJECT IN THE BYRON ROGERS COURTHOUSE AT 1961 STOUT ST. DENVER, CO. THE PROJECT WILL INCLUDE BUT NOT BE LIMITED TO THE REPLACEMENT OF THE
- $1.6M, General Services Administration, 29 Jun 2023: ELEVATOR MODERNIZATION SERVICES AT THE GREENSBORO LR PREYER FB CT
Questions and answers
How much federal money does Kone Inc receive?
$55M in award obligations over the fiscal years it is listed for (FY2023: $17M; FY2024: $18M; FY2025: $13M; FY2026: $6.8M). Years not listed were under the $1.0M floor. Obligations are binding commitments, not payments made.
Which agencies award to Kone Inc?
By the value of $1.0M-plus awards begun since FY2023: General Services Administration ($15M) and Department of Veterans Affairs ($4.3M).
What is the money for?
Contracts are classified under NAICS 238290 Other Building Equipment Contractors and NAICS 561210 Facilities Support Services.
Where is the work performed?
Primary places of performance for its larger awards: FL ($5.6M), KY ($3.2M), UT ($2.7M) and CT ($2.2M).
Is Kone Inc a large federal recipient?
It ranks 8,969 of 30,989 organisations on this site by five-year obligations and 201 of 781 located in IL. 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.