All HHS Contracts — May 07, 2026

VENTERA LLC won a $83,737,440 firm fixed-price small business set-aside delivery order from CMS for IT infrastructure under NAICS 518210, with $58.8M already outlayed since April 2023 on a 4+ year contract ending 2027-04-30 (potential 2028). This substantial revenue (~$21M annualized) underscores execution strength for the Arlington, VA-based small business.

FLEXION INC received a $49,136,365 time and materials delivery order from CMS under small business set-aside for custom programming (NAICS 541511), with $31.9M outlayed since May 2023 toward a 2027 end date. Steady progress supports ~$12M annualized revenue for the Madison, WI firm despite neutral signal.

VENTERA LLC faces high contract pricing risk on $83.7M firm fixed-price delivery order, where cost overruns are borne by the contractor amid $58.8M outlays to CMS.

FLEXION INC has medium pricing risk on $49.1M time and materials order to CMS, with flexibility but dependency on labor rates through 2027.

VENTERA LLC option exercise toward $101.7M ceiling on CMS QualityNet IT services, building on $58.8M outlays.

FLEXION INC potential extension to July 2027 on $49.1M CMS MCADS order under small business set-aside.

Both contracts to CMS total $132.9M for IT services: VENTERA LLC's $83.7M for QualityNet data management (NAICS 518210) and FLEXION INC's $49.1M for claims adjudication programming (NAICS 541511), with high outlays signaling commitment.

{"entity"=>"VENTERA LLC", "reason"=>"$83.7M CMS obligation with $58.8M outlayed; high materiality award", "trigger"=>"Option exercise to $101.7M ceiling; outlays progress to 2027-04-30"}

{"entity"=>"FLEXION INC", "reason"=>"$49.1M CMS obligation with $31.9M outlayed under set-aside", "trigger"=>"Options to $51M; performance end April 2027 vs. potential July 2027"}

{"entity"=>"Healthcare IT sector", "reason"=>"Two CMS IT awards totaling $132.9M with steady outlays", "trigger"=>"CMS budget cycles for similar set-asides"}