High-Value Federal Grants ($5M+) — April 24, 2026

RECORD STEEL AND CONSTRUCTION, INC. awarded $129,150,000 firm fixed price contract by National Park Service for Canyon Village wastewater systems in Yellowstone NP, with $0 outlayed signaling future revenue stream over 2026-04-22 to 2028-02-14 period.

Firm fixed price structure on $129,150,000 contract exposes RECORD STEEL AND CONSTRUCTION, INC. to high performance pricing risk with no outlays yet, potentially delaying revenue recognition.

High contract pricing risk for RECORD STEEL AND CONSTRUCTION, INC. on $129,150,000 firm fixed price NPS award for Yellowstone wastewater rehab, with $0 outlayed and performance through 2028-02-14.

Future cash flows for RECORD STEEL AND CONSTRUCTION, INC. from $129,150,000 NPS obligation as outlays commence post-2026-04-22 award.

Department of the Interior's National Park Service awarded $129,150,000 full and open competition contract to RECORD STEEL AND CONSTRUCTION, INC. for sewage and waste facilities (PSC Y1ND) in Yellowstone NP.

{"entity"=>"RECORD STEEL AND CONSTRUCTION, INC.", "reason"=>"$129,150,000 NPS contract with $0 outlayed signals pending revenue; high pricing risk on firm fixed price structure.", "trigger"=>"total outlayed progress from $0, performance milestones toward 2028-02-14, modifications to obligation"}

{"entity"=>"Department of the Interior / National Park Service", "reason"=>"Sole $129,150,000 award highlights NPS focus on water/sewer infrastructure rehab (NAICS 237110).", "trigger"=>"future Yellowstone NP project awards or budget cycles"}