Executive Summary
This digest covers one civilian contract totaling $67,726,344 in obligations, with 0/1 defense-related awards, focused on federal construction and infrastructure. The Department of the Interior's Bureau of Reclamation awarded AMES FEDERAL CONTRACTING GROUP LLC a firm fixed price contract for the NGWSP Intake & River Pumping Plant in Farmington, NM, under full and open competition.
The highest-conviction signal is neutral (strength 3/10, materiality 2/10) due to the private LLC recipient having no public parent and thus limited direct implications for public market portfolios. No bullish or bearish signals emerge, reflecting the isolated nature of this water supply facilities construction award (NAICS 237110). Key risk is high pricing risk under firm fixed price terms with $0 outlayed to date. Watch total outlayed progress and performance milestones toward the 2028-10-20 end date.
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Tracking the trend? Catch up on the prior Federal Construction & Infrastructure Contracts digest from April 07, 2026.
Risk Flags (1)
- Execution [HIGH RISK]▼
AMES FEDERAL CONTRACTING GROUP LLC faces high contract risk (pricing) on $67,726,344 firm fixed price definitive contract for NGWSP Intake & River Pumping Plant, with performance spanning 2026-04-03 to 2028-10-20 and $0 outlayed to date.
Sector Themes (1)
- ◆
Department of the Interior's Bureau of Reclamation awarded $67,726,344 firm fixed price contract to AMES FEDERAL CONTRACTING GROUP LLC for water and sewer line construction (NAICS 237110, PSC Y1NE) at Farmington, NM, via full and open competition with no set-aside.
Watch List (2)
- 👁
{"entity"=>"AMES FEDERAL CONTRACTING GROUP LLC", "reason"=>"$67,726,344 firm fixed price contract awarded by Department of the Interior Bureau of Reclamation with high pricing risk, $0 outlayed to date, and ~2.5-year performance period.", "trigger"=>"total outlayed progress from $0, performance milestones toward 2028-10-20 end date, modifications to firm fixed price terms"}
- 👁
{"entity"=>"Federal Construction & Infrastructure sector", "reason"=>"Civilian award signals ongoing DOI Bureau of Reclamation investment in water supply facilities amid full and open competition.", "trigger"=>"outlayed progress on $67,726,344 obligation, any contract modifications"}
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