Executive Summary
The analyzed contracts total $173,694,639 in obligations, representing a fully civilian award with 0/1 defense-related, dominated by the Department of State's AQM Momentum office for overseas construction.
BL Harbert International LLC secured this single firm fixed-price contract via full and open competition for the $173,694,639 NEC - Podgorica Montenegro project under NAICS 236220, signaling neutral investment implications with average strength 4/10 and materiality 3/10. The highest-conviction signal is neutral capability in commercial/institutional building construction amid a 7.5-year performance period to March 2027. No dominant sector trends emerge from this lone contract. Key risk is high pricing risk under firm fixed-price terms with $0 outlayed to date.
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Tracking the trend? Catch up on the prior Federal Construction & Infrastructure Contracts digest from April 10, 2026.
Investment Signals (1)
- BL Harbert International LLC awarded $173,694,639 Department of State construction contract (LOW)▲
BL Harbert International LLC won a firm fixed-price definitive contract on September 25, 2019, for the Podgorica Montenegro project (NAICS 236220, PSC C215), spanning to March 25, 2027, via full and open competition with $5,477,061 in subawards across 47 recipients.
Risk Flags (1)
- Execution [HIGH RISK]▼
High contract risk (pricing) on BL Harbert International LLC's $173,694,639 firm fixed-price Department of State contract with $0 total outlayed to date despite 7.5-year term.
Opportunities (1)
- ◆
BL Harbert International LLC's full and open competition win demonstrates capability for Department of State overseas construction projects like Podgorica Montenegro.
Sector Themes (1)
- ◆
BL Harbert International LLC's $173,694,639 award for the NEC - Podgorica Montenegro project (NAICS 236220) underscores State Department reliance on U.S. firms for architect-engineer services abroad via firm fixed-price terms.
Watch List (1)
- 👁
{"entity"=>"BL Harbert International LLC", "reason"=>"$0 total outlayed on $173,694,639 contract with $5,477,061 subawards across 47 recipients signaling early-stage execution.", "trigger"=>"outlay progress updates, 2027-03-25 performance completion"}
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