COST PLUS AWARD FEE

PARSONS GOVERNMENT SERVICES INC. - BOLD VENTURE

PIID: 47QFCA23F0024Solicitation ID: 47QFCA22R0021
Signed Date: Oct 29, 2025Effective Date: Apr 27, 2023End Date: Closed on Apr 26, 2026
Award $
$392.4M
Vendor
PARSONS GOVERNMENT SERVICES INC.
NAICS
541715
Signed Date
Oct 29, 2025

Key Details

Dollars Obligated
$392.4M
Base & All Options
Awarding Sub-Agency
Federal Acquisition Service
Product Service Code
B541 - SPECIAL STUDIES/ANALYSIS- DEFENSE
Extent Competed
FULL AND OPEN COMPETITION
Number of Offers
6
Place of Performance
ARLINGTON, VA, 222031922, CD-VA-08

Description

BOLD VENTURE

Context & Analysis

On Oct 29, 2025, General Services Administration obligated $392,382,093.64 to PARSONS GOVERNMENT SERVICES INC. for bold venture. The award is classified under NAICS 541715 — RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT NANOTECHNOLOGY AND BIOTECHNOLOGY) and issued as a cost plus award fee contract. Competition extent: full and open competition with 6 offers received. Performance is located in ARLINGTON, VA. This award is one of several similar procurements from General Services Administration under NAICS 541715 — related awards are listed below.

Market context

Recompete outlook
Ended Apr 26, 2026 (6 months ago). Recompete signal as of Oct 25, 2026: 50/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition
Competed, with 6 offers. 91% of 992 awards in this market (General Services Administration awards in NAICS 541715 over the last 3 years) were competed; median 999 offers.
Award size
At $392.4M, this award is larger than 19 in 20 of the 1104 priced General Services Administration awards in NAICS 541715 over the last 3 years (median $3K).
Incumbent at this agency
PARSONS GOVERNMENT SERVICES INC. has 120 other awards from General Services Administration, totalling $4.0B, 2020–2026.
Largest vendors in this market

By obligations, General Services Administration awards in NAICS 541715 over the last 3 years.

Computed from USAspending award data on Oct 25, 2026.

Contractor Information

UEI: NMBCAG1JBKL7
CAGE Code: 1BVK6
Location: CENTREVILLE, VA
View Full Record on USASpending.gov

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