Contract Deobligations Alert — October 29, 2026

The $26,019,519 obligated order against a $53,415,987 base-plus-options value runs to 2032-12-31 (potential 2035-01-12), leaving roughly $27.4M of option value contingent on exercise for Koenig & Bauer AG's banknote subsidiary.

Two firm-fixed-price TSA delivery orders — $34,888,759 (2012) and $26,259,331 (2009) — establish a recurring Lockheed Martin Services position with TSA Security Technology, though both are historical with $0 outlays recorded and end dates of 2013-04-30 and 2014-08-16.

The $33,995,651 DHS/TSA personnel, payroll and benefits contract shows $39,171,628 outlayed against a $35,594,148 base-plus-options figure and is flagged CLOSEOUT, indicating scope growth or data reconciliation issues rather than forward revenue.

The labor-hours order is just 24% obligated versus its $111,803,972 base-plus-all-options value, with $0 outlayed and a current end date of 2026-12-31 — option exercise decisions are the swing factor for a private 8(a)/HUBZone/WOSB firm.

The $33,458,473 GSA order (ceiling $82,950,876, $19,578,703 outlayed) was awarded NOT COMPETED with NO SET ASIDE USED despite the recipient's 8(a) and Native Hawaiian Organization designations, creating protest and competition-justification exposure.

Nimbis Services ($32,865,019), Broadleaf ($31,247,864), DRC Emergency Services ($30,093,702), CGI Federal ($26,730,841), Halvik ($21,271,505), Sandow Construction ($21,268,663) and GDIT ($20,971,851) all report $0 total outlayed, so no cash realization is evidenced.

Lockheed Martin Services' two TSA task orders ($34,888,759 and $26,259,331) show $0 outlayed with end dates of 2013-04-30 and 2014-08-16, and the 2009 order's stated purpose was only to obligate the minimum guarantee — no confirmed work volume exists in the data.

Galapagos Federal Systems' $33,458,473 STARCOM classified support order was awarded not-competed with no set-aside despite 8(a) and NHO designations, inviting GAO protest or competition-justification challenge.

The stream is 24/25 civilian with only one defense record (DRC Emergency Services, $30,093,702 Army debris removal), so it carries no read-through to DOD budget direction and is exposed to civilian-agency appropriations risk, including CR vulnerability for awards in the Oct-Dec window.

Several recipients hold large unobligated option ceilings where the majority of value is contingent: Trewon ($111.8M ceiling vs. $26.9M obligated), Galapagos ($82.9M vs. $33.5M), Koenig & Bauer ($53.4M vs. $26.0M), Broadleaf ($47.8M vs. $31.2M) and Sandow ($40.4M vs. $21.3M).

Koenig & Bauer Banknote Solutions SA is flagged as foreign-owned (subsidiary of Koenig & Bauer AG) on a $26,019,519 BEP offset-press order with place of performance undisclosed, creating domestic-sourcing and foreign-ownership review exposure.

Koenig & Bauer Banknote Solutions' $26,019,519 obligated order against a $53,415,987 ceiling with only $7,568,763 outlayed leaves roughly $27.4M of option value and a performance runway to 2032-2035 for the parent's banknote equipment business.

Trewon Technologies' State Department order is only 24% obligated ($26,902,380 of $111,803,972), and option exercises through the 2029-12-31 potential end date would roughly quadruple obligated value.

Broadleaf Inc (Arctic Slope Regional Corporation) holds a $31,247,864 small business total set-aside with a $47,810,405 ceiling for Air Combat Command-related engineering and program management support, with roughly $16.6M of option value unexercised.

Nimbis Services' $32,865,019 QAMEE microelectronics emulation order carries PSC AC12 (National Defense R&D Services) under GSA, with roughly $9.6M of options unobligated and a 2027-08-01 end date — a defense-coded R&D signal in an otherwise civilian stream.

Halvik LLC's $21,271,505 USPTO developmental security operations order has a $23,656,412 ceiling and a potential end date of 2029-02-14, with $10,252,031 (48%) flowed to 10 subcontractors — a competitive full-and-open win despite 8(a) and women-owned designations.

DOL's $41,394,627 Arecibo Job Corps redevelopment (NV Services, 89% outlayed), VA's $21,268,663 Perry Point roof replacement (Sandow) and NASA's $20,711,350 Kennedy Space Center electrical distribution replacement (A. West Enterprise) show sustained civilian-agency facilities spending.

USPTO ($21,271,505 Halvik), USCIS ($25,383,308 Cybernamic), State ($26,730,841 CGI Federal) and VA ($27,712,179 MetGreen, Micro Focus Reflection licenses) awards show IT security, application development and software-license spending spread across civilian agencies.

Only 1 of 25 records is defense-related (DRC Emergency Services' $30,093,702 Army Hurricane Helene debris removal), and the defense-coded Nimbis QAMEE order sits under GSA rather than DOD; Lockheed Martin's $61.1M in TSA orders are historical with $0 outlays.

USDA's $21,018,719 Helicopter Transport Services fire-suppression order (54% outlayed) and the Army's $30,093,702 Hurricane Helene debris removal are event-driven, while DOE's $21,967,892 Chenega medical support runs on an 8(a) sole source to 2026-12-27.

{"entity" => "Koenig & Bauer AG / Koenig & Bauer Banknote Solutions SA", "reason" => "$26,019,519 obligated against a $53,415,987 BEP ceiling with only $7,568,763 outlayed and performance to 2032-2035.", "trigger" => "Option exercise notices and outlay progression beyond $7,568,763"}

{"entity" => "Trewon Technologies LLC", "reason" => "$26,902,380 obligated versus a $111,803,972 State Department ceiling with $0 outlayed.", "trigger" => "Option exercise decisions before the 2026-12-31 current end date"}

{"entity" => "Galapagos Federal Systems LLC", "reason" => "$33,458,473 not-competed STARCOM classified support order with an $82,950,876 ceiling.", "trigger" => "GAO protest filing or competition-justification challenge; option exercise from 2027-04-30 toward 2029-04-30"}

{"entity" => "Lockheed Martin Corp", "reason" => "$61,148,090 in historical TSA Security Technology task orders with $0 outlays and 2013-2014 end dates.", "trigger" => "Follow-on or successor TSA task order awards"}

{"entity" => "Deloitte Consulting LLP", "reason" => "$39,171,628 outlayed exceeds the $35,594,148 base-plus-options value on a closed-out TSA PP&B contract.", "trigger" => "Final closeout reconciliation or follow-on PP&B recompete solicitation"}

{"entity" => "CGI Federal Inc.", "reason" => "$26,730,841 State Department BPA call with $0 outlayed and a parent listed as The Timken Company, which appears inconsistent with an IT services business.", "trigger" => "Verification of parent-company relationship; outlay activity before the 2027-01-31 end date"}

{"entity" => "Broadleaf Inc / Arctic Slope Regional Corporation", "reason" => "$31,247,864 obligated against a $47,810,405 ceiling for Air Combat Command support with $0 outlayed.", "trigger" => "Option exercise toward 2028-05-31 and first outlay activity"}

{"entity" => "MetGreen Solutions Inc", "reason" => "$27,712,179 VA Micro Focus Reflection license order fully obligated with a 2026-09-26 end date and no extension periods indicated.", "trigger" => "Recompete solicitation for VA Micro Focus licenses and maintenance"}