Mega Contracts Monitor ($100M+) — March 10, 2026

$1.34B across 4 awards to Fisher, Granite, Whiting-Turner, KVG for barriers, walls, piers, detention—full obligations signal committed multi-year revenue in NAICS 236220.

KVG's $113M obligation could expand to $642M base+options by 2029, highlighting detention ops potential.

Stanford's $131M GLAST support to 2027 provides long-term but no-fee visibility, neutral amid cost structure.

Firm-fixed-price structure across 4/6 contracts ($1.34B DHS) exposes contractors to cost overruns; $0 outlayed in 5/6 signals funding delays.

Long performance periods (e.g., Whiting-Turner to 2030, Stanford to 2027) vulnerable to policy shifts or budget cuts.

Follow-on DHS border/security projects via full/open competition, no set-asides—$1.34B precedent for non-small construction firms.

$13M+ unobligated options (GD IT, Stanford, KVG) plus KVG's $529M potential expansion.

82% value in border/Coast Guard/ICE builds under NAICS 236220/Y1PZ PSC, all full/open to non-smalls.

Minor $291M in cloud R&D (Commerce/NASA) with subawards and no-fee limits.

{"entity"=>"Fisher Sand & Gravel / Granite Construction", "reason"=>"$1.1B combined border awards largest in stream; FFP risks high.", "trigger"=>"Q1 2026 outlays >10% obligation or cost adjustment filings"}

{"entity"=>"KVG LLC", "reason"=>"$642M potential vs. $113M obligated; small/disadvantaged status unusual for mega.", "trigger"=>"Options exercise lifting to $642M by May 2026"}

{"entity"=>"DHS Mega Contracts Pipeline", "reason"=>"4/6 from DHS in 1-day period signals acceleration.", "trigger"=>"Weekly awards >$500M aggregate"}