Federal Construction & Infrastructure Contracts — April 30, 2026

Caddell was awarded a $328,507,039 firm fixed price definitive contract by Department of State on 2024-09-24 for design and construction of a new embassy compound in Praia, Cape Verde, fully obligated (base + all options) with performance spanning 2024-09-30 to 2028-11-08 under full and open competition. This signals established market position and ~$80M annual revenue estimate for the non-small business over ~4.1 years.

High pricing risk on $328,507,039 firm fixed price contract to Caddell Construction Co. (DE), LLC by Department of State, with $0 outlayed to date despite full obligation of base + all options.

Caddell Construction Co. (DE), LLC gains multi-year revenue from $328,507,039 fully obligated State Department embassy construction contract in NAICS 236220.

Department of State awarded $328,507,039 firm fixed price contract to Caddell Construction Co. (DE), LLC for new embassy compound in Praia, Cape Verde, under full and open competition with full obligation of base + all options.

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