Executive Summary
This single-contract digest covers a $116.2M cost-plus-award-fee delivery order awarded to Booz Allen Hamilton by GSA FEDSIM for civil-military support services, with zero defense-related contracts in the period.
The contract is fully competed and not set aside, indicating Booz Allen won on merit, but the negative outlay (-$287K) and minimal subawards ($100K) suggest negligible revenue recognized to date, limiting near-term financial impact. The dominant theme is stable demand for professional support services in interagency coordination, though the cost-plus-award-fee structure introduces margin uncertainty. Key risk is the contract's March 2024 end date and potential for deobligation, while the neutral signal strength (5/10) and low materiality (3/10) reduce conviction for immediate investment action.
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Tracking the trend? Catch up on the prior Federal Professional Services Contracts digest from May 14, 2026.
Investment Signals (1)
- Booz Allen Hamilton Wins $116.2M GSA FEDSIM Civil-Military Support Award (MEDIUM)▲
Booz Allen Hamilton received a $116.2M cost-plus-award-fee delivery order from GSA FEDSIM for civil-military support services through March 2024. The negative outlay (-$287K) and minimal subawards ($100K) indicate minimal work performed or funding deobligated, limiting near-term revenue impact.
Risk Flags (2)
- Execution [MEDIUM RISK]▼
Cost-plus-award-fee pricing ties Booz Allen Hamilton's profit to performance metrics, creating uncertainty in margin realization. The negative outlay (-$287K) suggests potential deobligation or minimal work performed, raising execution risk.
- Budget [MEDIUM RISK]▼
The contract's March 2024 end date and negative outlay signal potential budget constraints or deobligation, which could limit Booz Allen Hamilton's revenue recognition from this award.
Opportunities (1)
- ◆
Booz Allen Hamilton's win in a fully competed GSA FEDSIM award signals continued demand for professional support services in interagency coordination, potentially opening doors for follow-on contracts or modifications.
Sector Themes (1)
- ◆
The $116.2M award to Booz Allen Hamilton under GSA FEDSIM confirms sustained government spending on labor-intensive professional support services (NAICS 541330, PSC R499), despite minimal near-term revenue recognition.
Watch List (2)
- 👁
{"entity"=>"Booz Allen Hamilton", "reason"=>"The $116.2M award has negative outlay and minimal subawards, suggesting delayed revenue recognition. Future outlay amounts will confirm contract performance.", "trigger"=>"Quarterly outlay reports or contract modifications showing positive funding flow"}
- 👁
{"entity"=>"GSA FEDSIM", "reason"=>"As the contracting agency, GSA FEDSIM's budget allocation for professional support services could signal broader civilian agency spending trends.", "trigger"=>"Continuing resolution or NDAA provisions affecting GSA FEDSIM funding"}
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