Contract Deobligations Alert — April 03, 2026

NELNET SERVICING LLC awarded $200,254,303 delivery order (base + options) under full and open competition for student loan O&M starting 2026-04-01 to potential 2027-12-31, with $0 outlayed signaling future ~$114M annual revenue stream.

WASHINGTON TRU SOLUTIONS LLC received $2,007,900,739 obligation from Department of Energy, representing the largest single award and bullish signal for nuclear-related services.

MAXIMUS EDUCATION LLC secured $164,825,610 obligation (potential $376.4M with options) firm fixed price delivery order for student loan servicing from 2026-04-01 to 2033-04-24, with $0 outlayed.

CGI FEDERAL INC. awarded $155,114,308 obligation (potential $218.6M) fixed price incentive order for computer facilities management from 2018-01-01 to 2024-12-31, with $32.3M already outlayed.

CGI FEDERAL INC.'s $261,858,878 firm fixed price order for CMS PECOS system from 2016-02-01 to potential 2027-02-28 has $112.6M outlayed, indicating steady IT revenue under full competition.

NELNET SERVICING LLC and MAXIMUS EDUCATION LLC face execution risk with $0 outlayed on new $200.3M and $164.8M Department of Education awards starting 2026-04-01.

High pricing risk on firm fixed price structures for CGI FEDERAL INC.'s $261.9M HHS and MAXIMUS EDUCATION LLC's $164.8M Education contracts amid deobligations alert context.

Department of Education student loan servicing expansion via NELNET SERVICING LLC $200.3M and MAXIMUS EDUCATION LLC $164.8M awards signal multi-year revenue ramps.

CGI FEDERAL INC. repeat wins total $417M across HHS $261.9M PECOS and State $155.1M consular IT, with remaining outlays and options.

NELNET SERVICING LLC ($200.3M, 2026-2027) and MAXIMUS EDUCATION LLC ($164.8M obligation, potential $376.4M to 2033) awards under full competition highlight DOE commitment to O&M via NAICS 522390.

CGI FEDERAL INC. holds $417M in HHS ($261.9M PECOS IT, $112.6M outlayed) and State ($155.1M consular, NAICS 541513) obligations under fixed price structures.

{"entity"=>"NELNET SERVICING LLC", "reason"=>"$200.3M Education award with $0 outlayed and potential to 2027-12-31", "trigger"=>"options exercise and outlay progress"}

{"entity"=>"MAXIMUS EDUCATION LLC", "reason"=>"$164.8M obligation (to $376.4M options) student loan servicing to 2033-04-24", "trigger"=>"outlay from $0 and 7-year performance milestones"}

{"entity"=>"CGI FEDERAL INC.", "reason"=>"Combined $417M HHS and State contracts with partial outlays ($112.6M + $32.3M)", "trigger"=>"options to $264.3M HHS and $218.6M State by 2027-02-28 and 2024-12-31"}