Mega Contracts Monitor ($100M+) — April 03, 2026

WASHINGTON TRU SOLUTIONS LLC awarded $2,007,900,739 obligation from Department of Energy, representing 72% of aggregate value with bullish signal (strength 7/10, materiality 8/10). Signals major civilian energy sector revenue commitment since 2000.

Nelnet Servicing LLC received $200,254,303 delivery order from Department of Education for student loan O&M starting 2026-04-01 to potential 2027-12-31 under fixed price with economic adjustment, full open competition (strength 8/10, materiality 9/10). $0 outlayed signals ~$114M annualized future revenue potential.

MAXIMUS EDUCATION LLC awarded $164,825,610 obligation (ceiling $376.4M base+options) from Department of Education for 7-year student loan O&M from 2026-04-01 to 2033-04-24, firm fixed price via full open competition (strength 7/10, materiality 8/10). $0 outlayed positions ~$23.5M annual revenue.

CGI Federal Inc. holds $155,114,308 obligation (ceiling $218.6M) from Department of State for consular IT facilities management through 2024-12-31, with $32.3M outlayed on fixed price incentive basis via full open competition (strength 7/10, materiality 8/10). ~$22M annualized supports revenue stability.

CGI Federal Inc. manages $261,858,878 firm fixed price order (ceiling $264.3M) from HHS CMS for PECOS enrollment system through potential 2027-02-28, with $112.5M outlayed and 64 subawards totaling $40.1M (neutral strength 5/10). ~$23-24M annual signals steady long-term IT flow.

High contract pricing risk on CGI Federal Inc. HHS $261.9M (PECOS system) and Maximus Education LLC $164.8M Education deals, both firm fixed price with $0-112M outlayed amid long performance periods.

$0 outlays on new Nelnet Servicing LLC $200.3M and Maximus Education LLC $164.8M Department of Education awards signal dependency on future funding/option exercises.

Department of Education student loan servicing expansion via Nelnet Servicing LLC $200.3M and Maximus Education LLC $164.8M (combined $365M, ceilings to $576.7M) over 2026-2033.

CGI Federal Inc. option upside on HHS $261.9M to $264.3M ceiling and State $155.1M to $218.6M amid $144.8M combined outlayed.

Department of Education awards $365M total ($200.3M Nelnet Servicing LLC + $164.8M Maximus Education LLC) for O&M starting 2026-04-01, both full open competition firm fixed price with long-term ceilings to 2033.

CGI Federal Inc. secures $417M across HHS CMS PECOS ($261.9M, $112.5M outlayed) and State consular ops ($155.1M, $32.3M outlayed), both full open with options to $483M through 2027.

{"entity"=>"Nelnet Servicing LLC", "reason"=>"$200.3M Education award with $0 outlayed and potential extension to 2027-12-31", "trigger"=>"options exercise and initial outlays post-2026-04-01 start"}

{"entity"=>"MAXIMUS EDUCATION LLC", "reason"=>"$164.8M obligation (ceiling $376.4M) Education student loans through 2033-04-24, $0 outlayed", "trigger"=>"options exercise toward full ceiling"}

{"entity"=>"CGI Federal Inc.", "reason"=>"Combined $417M HHS/State with partial outlays ($112.5M + $32.3M), options to $483M", "trigger"=>"outlay progress and option exercises pre-2026-11-30 HHS/2024-12-31 State"}