Contract Option Exercises — May 13, 2026

DHS awarded $1.72B contract option to SOUTHWEST VALLEY CONSTRUCTORS CO on 2026-05-11, signaling strong civilian infrastructure commitment with high materiality.

HHS granted $1.26B option exercise to BAVARIAN NORDIC A/S on 2017-08-24 (active into 2026 period), underscoring sustained vaccine-related funding.

VA's Technology Acquisition Center exercised full $809.8M delivery order to BOOZ ALLEN HAMILTON INC on 2019-05-17, with $317.9M outlayed to date under time-and-materials pricing through 2025-01-22 via full and open competition.

HHS BARDA exercised $163M option (base + options up to $241M) to ALBERT B. SABIN VACCINE INSTITUTE on 2022-12-29 for Sudan Ebolavirus vaccine manufacturing through 2030, with $62.2M outlayed.

NELSON ENVIRONMENTAL REMEDIATION USA LTD faces high firm-fixed-price risk on $72.6M USAID dioxin remediation contract, with only $10.7M (15%) outlayed early in 6.6-year period through 2029-06-29.

ALBERT B. SABIN VACCINE INSTITUTE receives two HHS awards totaling $310M for viral vaccine R&D, but nonprofit status limits direct equity upside amid uncertain outlays ($62.2M + $88.6M to date).

BOOZ ALLEN HAMILTON INC's $809.8M VA order has $492M remaining post-$317.9M outlay, vulnerable to VA budget pacing through 2025-01-22 end date.

BOOZ ALLEN HAMILTON INC gains steady $140-145M annual revenue from $809.8M VA IT services order through 2025, with low pricing risk and full funding committed.

ALBERT B. SABIN VACCINE INSTITUTE has potential upside to $241M ceiling on $163M HHS Sudan Ebolavirus contract and $150M on $147M Marburg/Sudan award through 2030/2027.

NELSON ENVIRONMENTAL REMEDIATION USA LTD secures $11M annual revenue stream from $72.6M USAID remediation through 2029 as Small Disadvantaged Business.

HHS awarded $1.57B across three contracts to BAVARIAN NORDIC A/S ($1.26B) and ALBERT B. SABIN VACCINE INSTITUTE ($310M total) for Ebolavirus/Marburg vaccines, with $151M outlayed to date under cost-plus pricing through 2030.

VA committed full $809.8M to BOOZ ALLEN HAMILTON INC for IT operations transformation in Red Bank, NJ, with $317.9M outlayed under time-and-materials via full competition.

{"entity"=>"BOOZ ALLEN HAMILTON INC", "reason"=>"$809.8M VA order with $317.9M outlayed; $492M remaining tied to steady IT services through 2025-01-22.", "trigger"=>"outlay progress on remaining balance, modifications to 2025-01-22 end date"}

{"entity"=>"ALBERT B. SABIN VACCINE INSTITUTE", "reason"=>"Two HHS contracts totaling $310M with $150.7M outlayed; options could lift to $391M ceiling.", "trigger"=>"option exercises toward $240.9M and $149.7M ceilings"}

{"entity"=>"NELSON ENVIRONMENTAL REMEDIATION USA LTD", "reason"=>"$72.6M USAID firm-fixed-price award with only 15% ($10.7M) outlayed early in performance period.", "trigger"=>"outlay ramp-up, 2029-06-29 completion"}