May 23, 2024
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Precision Construction Services earns prestigious Prime Contractor of the Year from SBA

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Precision was founded in 2013. (courtesy photo)

San Luis Obispo-based Precision Construction Services was highlighted for yet another award on May 6, with the Small Business Administration honoring the company with the 2024 Small Business Prime Contractor of the Year for the Pacific Region of the United States. 

Prime Contractor of the Year is the SBA’s highest award for Federal procurement.

According to a May 6 press release, Precision was nominated for the award by Prisco Eric Ravelli of the U.S. Army Corps of Engineers, Los Angeles District, and recommended for it by U.S. Congressman Salud Carbajal, who represents California’s 24th District.

“Precision’s work at Vandenberg, from fast-tracking the design and construction of the West Pad Landing Zone to being the on-site contractor for the Missile Defense Agency, not only contributes to our national defense but strengthens California’s and this region’s goals to become the preeminent commercial space zone in the United States,” Carbajal said in a press release.

In 2023, Precision and founders Jared Malapit, Karl Vaillancourt, and Erik Wright were named the SBA’s 2023 California Small Business Persons of the Year, one of the Federal agency’s top overall honors. 

Each year, Federal agencies throughout the U.S. and its territories nominate small businesses whose performance merits consideration for the Prime Contractor Award. 

In the Pacific Region – which encompasses Arizona, California, Guam, Hawaii, and Nevada – more than 46,000 contractors serve the Federal Government and are potential nominees. In all, the SBA has 10 regions. 

The award is part of the SBA’s National Small Business Week program and will be presented on June 24 at Precision’s San Luis Obispo headquarters. 

Precision supplies design-build, general contracting, and construction management services, and in addition to its headquarters on the Central Coast, has California offices in San Diego, Los Angeles, and Vandenberg Space Force Base, and in Spokane, WA and Kona, HI.

“We are deeply grateful to the SBA, which has supported Precision from the very beginning, and to the Army Corps of Engineers, which has trusted Precision with projects essential to our national security,” Malapit said. 

“We also take great pride in our wonderful, talented team members, who are hard at work on job sites and in the office fulfilling high expectations. They are the reason we are being recognized today.”