VA Healthcare & Services Contracts — October 14, 2026

The firm fixed-price delivery order (NAICS 541512) has $10,542,609 outlayed against a $16,267,923 obligation, the only award in the set showing material execution. Remaining balance of roughly $5.7M runs through 2027-09-01, and the recipient's public status is not established.

The largest single award in the set is a firm fixed-price construction contract in Cheyenne, WY running to 2027-06-03, with $0 outlayed to date. Straight-line estimate is about $10.6M per year, but the recipient is a private LLC with no identified public parent.

The firm fixed-price award supports Electronic Health Record Modernization infrastructure through 2028-09-14, with $0 outlayed. Cost overrun risk falls on the contractor, but the recipient is not identified as publicly traded.

The SDVOSB set-aside firm fixed-price contract runs from 2025-07-11 to 2028-03-17 with $0 outlayed, and it is a private company per the data. Revenue recognition depends on construction milestones not stated in the record.

The joint venture's firm fixed-price renovation award at Coatesville, PA runs through 2027-08-05, with $0 outlayed. It is a single project with no identified listed parent, so recurring revenue visibility is limited.

The SDVOSB set-aside firm fixed-price construction contract for the B404 clinic expansion in Tomah, WI runs to 2027-03-31 with $0 outlayed. The company is listed as its own parent, so no public equity exposure is indicated.

The design-build firm fixed-price award (36C248) runs from 2022-06-15 to 2027-08-30 with $0 outlayed recorded. Execution is unverified, and the recipient is a privately held SDVOSB with no public parent.

Six of seven awards show $0 outlayed at the time of data, including the four largest construction contracts, so realized revenue and performance progress cannot be confirmed for most of the $130.4M stream.

All seven awards are to small, mostly private SDVOSB set-aside recipients, so the stream provides no exposure to large publicly traded prime contractors and the investable read-through is minimal.

The data covers a single day of awards, so no multi-year VA construction budget trend can be established, and the stream cannot confirm whether facility spending is rising or falling.

CLIENT FIRST TECHNOLOGIES, INC is positioned for follow-on work given its HUBZone, SDVOSB, and self-certified SDB status, combined with the active T4NG legacy-systems task order.

VA facility renovation volume across Bridger, TL Services, Sergents, FDCD II, RHI, and PROJECT MANAGEMENT SOLUTIONS represents roughly $115M of construction obligations that could expand through modifications or Phase 3 awards.

Five of the seven awards are VA construction or renovation contracts (NAICS 236220, PSC Y1DA/Z1DA/Z2DA) totaling roughly $98M, all reserved for service-disabled veteran-owned small businesses. The pattern signals sustained VA capital facility spending channeled to small firms rather than large public contractors.

CLIENT FIRST TECHNOLOGIES' T4NG legacy-systems task order and TL Services' EHRM infrastructure award show VA spending on IT and health-record modernization alongside facility work, though IT content is a small share of the stream.

{"entity" => "CLIENT FIRST TECHNOLOGIES, INC", "reason" => "Only award in the set with material outlays ($10,542,609 of $16,267,923), with roughly $5.7M remaining through 2027-09-01.", "trigger" => "Modifications to the obligation or follow-on T4NG task orders before the 2027-09-01 end date"}

{"entity" => "Bridger National Construction LLC", "reason" => "Largest single award in the set at $21,190,712 with $0 outlayed; execution pace is the key unknown.", "trigger" => "First outlay reporting and any modification to the 2027-06-03 end date"}

{"entity" => "TL Services, Inc.", "reason" => "$21,153,679 EHRM infrastructure award with $0 outlayed and firm fixed-price cost overrun exposure.", "trigger" => "Change orders or cost increases under the firm fixed-price structure"}

{"entity" => "Department of Veterans Affairs facility construction budget", "reason" => "Five construction awards totaling roughly $98M reflect ongoing capital spend, but the data cannot establish a multi-year budget trend.", "trigger" => "Enacted VA appropriations and any continuing resolution affecting FY2027 facility awards"}