Executive Summary
The single contract analyzed carries a total obligation of $544,658,997, awarded entirely to the civilian Department of State with zero defense-related activity. BL HARBERT INTERNATIONAL LLC received a definitive fixed-price contract with economic price adjustment for NEC Kinshasa construction under NAICS 236220, spanning from the 2022-09-28 award through 2029-02-19.
The dominant theme is large-scale diplomatic infrastructure construction executed under full and open competition without set-asides. The highest-conviction signal is the neutral 5/10 rating on a $544.7 million award that has generated zero outlays to date. Key watch items include the $27.6 million flowing through 68 subawards and potential impacts from the economic price adjustment mechanism on a contract extending into 2029.
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Tracking the trend? Catch up on the prior Federal Construction & Infrastructure Contracts digest from May 14, 2026.
Investment Signals (1)
- BL HARBERT INTERNATIONAL LLC $544.7M State Department award shows zero outlays since 2022 (MEDIUM)▲
The definitive contract for NEC Kinshasa carries $544,658,997 in total obligation and base-plus-options value yet reports $0 total outlayed despite the September 2022 award date.
Risk Flags (1)
- Execution [MEDIUM RISK]▼
Fixed-price with economic price adjustment pricing on the BL HARBERT INTERNATIONAL LLC Department of State contract creates medium performance risk across the 2029-02-19 period with no recorded outlays to date.
Sector Themes (1)
- ◆
The $544,658,997 award to BL HARBERT INTERNATIONAL LLC under PSC C213 for NEC Kinshasa represents the sole contract in the period and underscores continued State Department investment in overseas diplomatic infrastructure.
Watch List (1)
- 👁
{"entity"=>"BL HARBERT INTERNATIONAL LLC", "reason"=>"Zero outlays recorded on the $544.7 million NEC Kinshasa contract awarded in September 2022", "trigger"=>"first material outlay announcement or subaward drawdown updates"}
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