Recipients › Massachusetts › Veterans Development Corporation, Inc.
Recipient organisation · UEI X3TQE41XJCA6
Veterans Development Corporation, 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.
USAspending records $48M in award obligations to Veterans Development Corporation, Inc. (Norwell, MA) over the fiscal years it is listed for (2023, 2024, 2025, 2026).
In FY2026, the most recent complete fiscal year, obligations were $3.3M, of which $3.3M (100%) came through contracts.
That is down 86% on FY2025 ($24M).
Veterans Development Corporation, Inc. ranks 269 of 943 listed organisations located in MA by five-year obligations, and 9,957 of 30,000 nationally.
Its $1.0M-plus awards since FY2023 came from Department of Veterans Affairs and Department of Defense: 8 awards worth $47M in total award value.
Its largest contract industry is NAICS 236220 (Commercial and Institutional Building Construction), where it ranks 422 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 | $18,001,972 | $18,001,972 | $0 | — |
| FY2024 | $2,294,409 | $2,294,409 | $0 | -87% |
| FY2025 | $24,131,344 | $24,131,344 | $0 | +952% |
| FY2026 | $3,316,936 | $3,316,936 | $0 | -86% |
| 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 MA | Largest nationally |
|---|---|---|---|
| Five-year obligations (listed years) | $48M | $70B | $416B |
| FY2026 obligations | $3.3M | $16B | $118B |
| Contracts, five years | $48M | under $1.0M | $94B |
| Assistance, five years | $0 | $70B | $416B |
| Rank by five-year obligations | 9,957 of 30,000 | 1 of 943 in MA | 1 |
Largest in state: The Commonwealth of Massachusetts. 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 Veterans Affairs | 7 | $32M | 69% |
| 2 | Department of Defense | 1 | $15M | 31% |
Contract industries NAICS
Rank within NAICS 236220: 422 of 1,602 organisations by $1.0M+ award value; see Commercial and Institutional Building Construction.
Places of performance $1.0M+ awards
Counties: Middlesex County, MA $36M · Hampshire County, MA $7.1M · Hillsborough County, NH $2.7M · Suffolk County, MA $1.4M
Largest awards begun since FY2023
| Awarding agency | Type | Industry or program | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Department of Veterans Affairs | ContractDefinitive Contract | 236220 Commercial and Institutional Building Construction | $18M | 26 Sep 2023 | MA | USAspending |
| Department of DefenseDepartment of the Air Force | ContractDefinitive Contract | 236220 Commercial and Institutional Building Construction | $15M | 26 Sep 2025 | MA | USAspending |
| Department of Veterans Affairs | ContractDefinitive Contract | 238210 Electrical Contractors and Other Wiring Installation Contractors | $3.6M | 4 Aug 2025 | MA | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 236220 Commercial and Institutional Building Construction | $3.4M | 7 Mar 2023 | MA | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 236220 Commercial and Institutional Building Construction | $2.7M | 14 Aug 2025 | NH | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 236220 Commercial and Institutional Building Construction | $1.5M | 25 Sep 2023 | MA | USAspending |
| Department of Veterans Affairs | ContractDelivery Order | 236220 Commercial and Institutional Building Construction | $1.4M | 15 Dec 2025 | MA | USAspending |
| Department of Veterans Affairs | ContractDefinitive Contract | 236220 Commercial and Institutional Building Construction | $1.4M | 18 Jan 2024 | MA | 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.
- $18M, Department of Veterans Affairs, 26 Sep 2023: WOMENS HEALTH RENOVATION BUILDING 12, 518-21-103, BEDFORD VAMC, MA
- $15M, Department of Defense, 26 Sep 2025: THE PURPOSE OF THIS PROJECT IS TO SELECTIVELY RENOVATE THE CHILD DEVELOPMENT CENTER, BUILDING 1994, LOCATED ON HANSCOM AIR FORCE BASE.
- $3.6M, Department of Veterans Affairs, 4 Aug 2025: 631-18-003 CORRECT DEFICIENCIES GENERATOR BUILDINGS 1WA 1EA
- $3.4M, Department of Veterans Affairs, 7 Mar 2023: 36C24118D0104 36C24123N0438 - PROJECT 631-18-001 EXTEND CHILL WATER THROUGH BUILDINGS 1 & 60
- $2.7M, Department of Veterans Affairs, 14 Aug 2025: 608-16-301 REPLACE ABOVE GROUND STORAGE TANKS CONSTRUCTION
- $1.5M, Department of Veterans Affairs, 25 Sep 2023: EMERGENCY FLOOD REPAIRS 518-23-346 BEDFORD VAMC, MA.
- $1.4M, Department of Veterans Affairs, 15 Dec 2025: 523-26-002 ACA PIPING REPLACEMENT - THIS WORK SHALL INCLUDE DEMOLITION AND REPLACEMENT OF HOT WATER PIPING THROUGHOUT THE AMBULATORY CARE ADDITION (ACA).
- $1.4M, Department of Veterans Affairs, 18 Jan 2024: EMERGENCY DA TANK REPLACEMENT
Questions and answers
How much federal money does Veterans Development Corporation, Inc. receive?
$48M in award obligations over the fiscal years it is listed for (FY2023: $18M; FY2024: $2.3M; FY2025: $24M; FY2026: $3.3M). Years not listed were under the $1.0M floor. Obligations are binding commitments, not payments made.
Which agencies award to Veterans Development Corporation, Inc.?
By the value of $1.0M-plus awards begun since FY2023: Department of Veterans Affairs ($32M) and Department of Defense ($15M).
What is the money for?
Contracts are classified under NAICS 236220 Commercial and Institutional Building Construction and NAICS 238210 Electrical Contractors and Other Wiring Installation Contractors.
Where is the work performed?
Primary places of performance for its larger awards: MA ($44M) and NH ($2.7M).
Is Veterans Development Corporation, Inc. a large federal recipient?
It ranks 9,957 of 30,000 organisations on this site by five-year obligations and 269 of 943 located in MA. 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.