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Mega Contracts Monitor ($100M+) — April 21, 2026

Mega Contracts Monitor ($100M+)

1 total filings analysed

Executive Summary

GSA awarded PRKK LLC a single $117,329,394 mega delivery order for engineering services, representing 100% civilian spending with zero defense-related contracts in the period. This cost-plus fixed fee contract under full and open competition underscores GSA Federal Acquisition Service's allocation to small business providers in professional support (PSC R499). The neutral signal (4/10 strength, 3/10 materiality) reflects a competitive win but early-stage execution with $0 outlays to date. Highest-conviction signal is PRKK LLC's securement of this $117M obligation with low pricing risk and upside to $154M via options. Key watch item is total outlayed progress and option exercises, given the 2026-05-24 performance end date.

Tracking the trend? Catch up on the prior Mega Contracts Monitor ($100M+) digest from April 20, 2026.

Investment Signals(2)

  • PRKK LLC Wins $117M GSA Engineering Services Delivery Order(LOW)

    PRKK LLC secured a $117,329,394 obligation (potential $154M with options) via full and open competition for NAICS 541330 engineering services, signaling small business access to GSA professional support spending.

  • PRKK LLC GSA Contract Shows $0 Outlays in Early Execution(MEDIUM)

    No funds outlayed to date on the $117M obligation despite award in May 2022, indicating potential delays in ramp-up for the Annapolis, MD-based performance.

Risk Flags(1)

  • Execution[MEDIUM RISK]

    Zero outlays on PRKK LLC's $117M GSA contract signal early-stage execution risk despite low pricing risk under cost-plus fixed fee structure.

Opportunities(1)

  • PRKK LLC has upside to $154,764,846 total value via unexercised options on GSA engineering services delivery order.

Sector Themes(1)

  • GSA's $117M award to small business PRKK LLC for NAICS 541330 engineering and PSC R499 professional support via full and open competition highlights civilian agency prioritization of U.S.-owned small firms.

Watch List(2)

  • 👁

    {"entity"=>"PRKK LLC", "reason"=>"$117M GSA obligation with $0 outlays and potential $154M via options requires tracking execution.", "trigger"=>"total outlayed progress, option exercises, 2026-05-24 performance end date extensions"}

  • 👁

    {"entity"=>"government services sector", "reason"=>"GSA civilian engineering services spending via competitive small business awards like PRKK LLC's $117M order.", "trigger"=>"GSA Federal Acquisition Service re-competes or similar NAICS 541330 task orders"}

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