Significant Contract Modifications ($10M+) — October 13, 2026

Only $7,821,639 (about 37%) of the obligation is outlayed against a 2026-01-01 to 2026-12-31 performance period, so call-off volume through year-end is the near-term revenue driver. The 'FY26' designation also raises the possibility of follow-on awards.

About 93.5% of the $22,581,570 firm-fixed-price obligation is already outlayed against a current end date of 2026-06-26, leaving limited incremental revenue and suggesting close-out timing. Whether the award extends toward 2027-03-31 is not established in the data.

The firm-fixed-price order is 84% outlayed ($18,409,011), leaving roughly $3.5M to be delivered before the 2026-11-10 end date, and the identical current and potential end dates offer no extension signal. Public-company status is not established, so investability is unknown.

All three awards are civilian; there is no defense exposure in this stream, so the signals do not inform DOD budget or NDAA-linked positioning.

Recipient ownership and financials are undisclosed for Digital Management LLC, and Perimeter Solutions' total revenue is unknown, so materiality of each award to any public company cannot be assessed.

Perimeter Solutions' FY26 retardant BPA is an on-demand structure, so revenue depends on wildfire season call-offs rather than guaranteed quantities, creating volume uncertainty.

Perimeter Solutions LP could see incremental volume if the USDA retardant BPA is called off heavily during the 2026 fire season against the $21,328,521 ceiling.

The GSA Messer award and CDC Digital Management award indicate continued civilian facilities and IT hosting demand, though the single-period data cannot confirm a trend.

The stream is entirely civilian, spanning federal building build-out ($22,581,570) and computer systems hosting ($21,908,995), both under full-and-open competition and firm-fixed-price terms.

The USDA Forest Service awarded Perimeter Solutions a $21,328,521 on-demand retardant BPA for FY26, with only about 37% outlayed so far.

{"entity" => "Perimeter Solutions LP", "reason" => "Largest remaining unspent obligation (about $13.5M of $21,328,521) under an on-demand FY26 BPA with unknown revenue materiality.", "trigger" => "USDA call-off volume through 2026-12-31 and any FY27 follow-on BPA award"}

{"entity" => "Messer Construction Co", "reason" => "About 93.5% of $22,581,570 already outlayed with a current end date of 2026-06-26; limited remaining revenue.", "trigger" => "Option or modification extending performance toward 2027-03-31, or close-out notice"}

{"entity" => "Digital Management LLC", "reason" => "Roughly $3.5M remaining against $21,908,995 with no extension signal; investability unknown.", "trigger" => "CDC exercise or extension beyond 2026-11-10 and disclosure of ownership or public-company status"}