Mega Contracts Monitor ($100M+) — October 19, 2026

The $118,377,479 SSA order is $118,318,718 outlayed, indicating the obligated value is largely consumed. Option-period exercise through 2027-02-28 would be the primary driver of further revenue.

The $111,738,034 VA Region 3 MDE delivery order runs 2021-10-01 to 2022-09-30 with no options listed and $111,194,546 outlayed, representing a one-year revenue stream rather than a multi-year franchise.

Neither contract shows confirmed multi-year revenue beyond its current period: SSA's extension and the VA's post-2022-09-30 status are both unconfirmed in the data.

IT Concepts' SSA order has a current end of 2025-04-15 against a potential end of 2027-02-28, leaving about $23.4M of option value and the extension period unconfirmed as obligated; the order is also nearly fully outlayed, limiting headroom absent a modification.

Veterans Evaluation Services' VA Region 3 award has no option or extension beyond 2022-09-30, so revenue ends unless a follow-on is awarded; the data shows one fiscal year only, so no budget trend can be established.

Both awards are single-agency, single-recipient civilian contracts with no cross-contract pattern, so revenue concentration risk for either public proxy is high if investable.

Continued SSA application, infrastructure, and mainframe modernization support through IT Concepts' BPA, if the 2027-02-28 extension is exercised.

A VA Region 3 MDE re-award or follow-on to Veterans Evaluation Services' $111.7M delivery order, which fits its small business and veteran-owned profile.

Both awards are civilian: SSA IT application support (NAICS 541512) and VA clinical examination services (NAICS 621111), with no defense exposure in this digest.

{"entity" => "IT Concepts, Inc.", "reason" => "$118,377,479 SSA BPA call order nearly fully outlayed; $23.4M option value and extension period unconfirmed.", "trigger" => "SSA option exercise or non-exercise beyond 2025-04-15; modifications toward $141.8M base-plus-options"}

{"entity" => "Veterans Evaluation Services, Inc.", "reason" => "$111,738,034 VA delivery order ends 2022-09-30 with no options; revenue durability depends on follow-on award.", "trigger" => "VA Region 3 MDE follow-on solicitation or re-award after 2022-09-30"}