Significant Contract Modifications ($10M+) — July 31, 2026

This cost-plus-fixed-fee contract provides predictable margins and nearly a decade of recurring revenue through July 2026, with low pricing risk. The company's small, woman-owned, and Hispanic American-owned status may provide competitive advantages in future federal health R&D awards.

The cost-plus award fee contract has only an 8-month performance period (Jan-Sep 2021) with only $125.4M outlaid so far, creating execution risk if options are not exercised. The short duration limits near-term revenue contribution for parent company PAE-Parsons.

Serco's $321.3M DHS contract ended in 2016 with $0 outlayed, and Millennium Engineering's $202.6M NASA contract ended in 2021. Neither provides current revenue, but they demonstrate past competitive positioning in administrative services and NASA engineering support, respectively.

Central Plateau Cleanup Company's $371.6M DOE contract has a short 8-month performance period ending September 2021, with only $125.4M outlaid. Failure to exercise options would materially reduce expected revenue for PAE-Parsons.

100% of this digest's $1.07B in awards are civilian, with 35% ($371.6M) concentrated at the Department of Energy's Hanford site. A shift in DOE cleanup funding priorities or budget cuts would disproportionately impact Central Plateau Cleanup Company.

Technical Resources International's $173.3M NIH contract was won under full and open competition with no set-aside, meaning it faces re-compete risk in 2026. Its small business status may not protect it from larger competitors in the next bid cycle.

Technical Resources International's $173.3M NIH contract runs through July 2026, providing a stable base for growth. The company's small, woman-owned, and Hispanic American-owned status positions it well for future NIH set-aside awards in clinical research operations.

Millennium Engineering and Integration Services, LLC won a $202.6M NASA contract as a total small business set-aside, demonstrating a competitive moat in engineering support at Ames Research Center. Future NASA set-asides could provide additional revenue streams.

While 0% of these awards are defense-related, Serco Services Inc.'s historical $321.3M DHS contract and Central Plateau Cleanup Company's DOE work demonstrate capabilities that could be leveraged for defense environmental remediation or administrative support contracts.

The Department of Energy's $371.6M award to Central Plateau Cleanup Company for Hanford site remediation underscores ongoing federal commitment to legacy nuclear waste cleanup, even under budget constraints. This is a non-discretionary spending area with low cancellation risk.

Technical Resources International's $173.3M, 9.3-year contract for clinical research operations and management support (CROMS) highlights NIH's reliance on specialized contractors for health R&D. Cost-plus-fixed-fee pricing ensures low risk for the contractor.

{"entity" => "Technical Resources International, Inc.", "reason" => "Holds a $173.3M NIH contract through July 2026; re-compete risk and potential for follow-on awards are key catalysts.", "trigger" => "NIH procurement forecast for CROMS services; re-compete announcement (likely 2025)"}

{"entity" => "Central Plateau Cleanup Company, LLC / PAE-Parsons", "reason" => "DOE's $371.6M Hanford award has only $125.4M outlaid; option exercise decisions will determine actual revenue.", "trigger" => "DOE option exercise announcement before September 2021; Hanford site budget updates"}

{"entity" => "Millennium Engineering and Integration Services, LLC", "reason" => "Completed $202.6M NASA contract; watch for new awards at Ames Research Center or loss of small business status.", "trigger" => "NASA Ames Research Center procurement announcements; company size status changes"}

{"entity" => "Serco Services Inc.", "reason" => "Historical $321.3M DHS contract ended in 2016; monitor for re-competes or new administrative services awards at USCIS.", "trigger" => "USCIS procurement forecasts for National Benefits Center support services"}