General Federal Contracts — September 16, 2026

CADDELL CONSTRUCTION CO. (DE), LLC secured a $378.1 million firm-fixed-price contract for a new embassy compound in Brasilia, providing long-term revenue visibility through 2029 but exposing the firm to cost overrun risk on a complex international project.

CADDELL bears full cost overrun risk on the $378.1 million firm-fixed-price contract for the Brasilia embassy, a complex international construction project with a seven-year performance period.

The $378.1 million award signals stable State Department funding for diplomatic facility construction, potentially leading to future embassy contracts for CADDELL and other large construction firms.

The $378.1 million, seven-year contract to CADDELL indicates sustained investment in U.S. diplomatic infrastructure, a civilian sector with long-term budget visibility.

{"entity" => "CADDELL CONSTRUCTION CO., INC.", "reason" => "Holds a $378.1 million, seven-year contract with significant execution risk due to fixed-price terms and international location.", "trigger" => "Any public disclosure of cost overruns, schedule delays, or contract modifications on the Brasilia embassy project"}