New Federal Contractors — May 05, 2026

Woman-owned small business FCN, INC. won a full and open competition firm fixed price delivery order worth $242,713,808 total obligation (ceiling $454.6M with options) from IRS IT Strategy and Modernization, with $240.3M already outlayed by May 2026 on a contract running through November 2026.

High pricing risk on FCN, INC.'s $242.7M firm fixed price IRS delivery order, given rapid $240.3M outlays and potential for cost overruns in software maintenance through November 2026.

FCN, INC. has $211.9M in unexercised options on the $454.6M ceiling IRS Broadcom software contract, signaling potential revenue upside.

IRS IT Strategy and Modernization awarded $242.7M firm fixed price order to FCN, INC. for Broadcom software licenses and maintenance (PSC DA01), with $240.3M outlayed, highlighting civilian agency focus on IT application support.

{"entity"=>"FCN, INC.", "reason"=>"$242.7M IRS contract with $240.3M outlayed nears full obligation; $454.6M ceiling includes unexercised options.", "trigger"=>"option exercise notifications; outlay progress beyond $240M; current end date compliance November 30, 2026"}

{"entity"=>"IT services sector", "reason"=>"Woman-owned small business FCN, INC. demonstrates full and open competition strength in IRS IT modernization.", "trigger"=>"re-compete announcements post-November 2026"}