Executive Summary
This digest covers a single federal professional services contract totaling $36,634,684 in obligations, awarded to LMI Consulting, LLC by the Department of Homeland Security's Office of Procurement Operations for program management support to the Office of National Laboratories.
The record is entirely civilian (0 of 1 defense-related), so there is no defense/civilian split to analyze, and the dominant theme is DHS program management spending under a time-and-materials delivery order. The highest-conviction signal is the contract's mechanical drawdown profile: roughly $24.9 million (about 68%) has been outlayed against the obligation, with performance running through March 31, 2027. The primary watch item is whether the remaining roughly $11.7 million in obligated funds is fully expended before that end date and whether a follow-on recompete is issued. Given the contract's modest size against a multi-trillion-dollar federal budget and the private, non-public status of the recipient, this record carries limited direct investment relevance and no actionable public-equity signal.
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Investment Signals (2)
- LMI Consulting, LLC: $36.6M DHS program management delivery order carries time-and-materials pricing risk (MEDIUM)▲
The $36,634,684 obligation is a time-and-materials delivery order under NAICS 541330 with a base-plus-options ceiling of $38,281,553, and time-and-materials structures shift cost-overrun risk toward the government. The pricing risk is rated medium in the source analysis.
- LMI Consulting, LLC: Recompete or follow-on solicitation possible as $36.6M DHS contract nears March 2027 end (LOW)▲
With approximately $24.9 million outlayed and performance scheduled through March 31, 2027 (potentially extendable to April 6, 2027), a follow-on or recompete for the Office of National Laboratories program management requirement is a plausible future event.
Risk Flags (2)
- Execution [LOW RISK]▼
Roughly $11.7 million of the $36.6 million obligation remains unexpended as of the reporting period, and the outlay pace must accelerate to fully consume funds before the March 31, 2027 end date; any shortfall or underutilization could signal scope or execution issues at LMI Consulting, LLC.
- Competition [LOW RISK]▼
The award was made under full and open competition with no set-aside, and competition signal is unknown in the source data, so the incumbent's position on any follow-on is not established by this record.
Opportunities (1)
- ◆
Program management support work of this type at DHS's Office of National Laboratories represents a recurring services requirement that could be re-bid, offering a continuing revenue pool for qualified professional services firms.
Sector Themes (1)
- ◆
This single record shows DHS procuring program management and engineering support services under NAICS 541330 and PSC R408 through full and open competition, at an estimated annual run-rate of about $9.2 million. The data is a single delivery order and does not establish a broader DHS spending trend.
Watch List (2)
- 👁
{"entity" => "LMI Consulting, LLC", "reason" => "Holds a $36,634,684 time-and-materials DHS delivery order with roughly $24.9 million outlayed, but is privately held with no identified public-company parent, limiting direct investment relevance.", "trigger" => "Outlay progression toward full obligation and any follow-on recompete solicitation before the March 31, 2027 end of performance"}
- 👁
{"entity" => "DHS Office of National Laboratories program management requirement", "reason" => "The requirement underlying this award is the sole source of the observed activity, and continuation or re-bid will determine whether the spend recurs.", "trigger" => "Option exercise decisions and any successor solicitation announcement near the March 31, 2027 end date"}
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