Executive Summary
This Contract Deobligations Alert features a single event where the General Services Administration (GSA) deobligated the full $117,329,394 total obligation from PRKK LLC's engineering services delivery order. The activity is 100% civilian (0/1 defense-related), centered on GSA Federal Acquisition Service spending in professional engineering support (NAICS 541330, PSC R499). The dominant theme is early-stage civilian contract wind-down with zero outlays despite a performance period through 2026-05-24. Highest-conviction signal is neutral (strength 4/10, materiality 3/10), indicating limited broader market impact for the small business recipient. Key watch item is total outlayed progress and option exercise status amid the deobligation.
Tracking the trend? Catch up on the prior Contract Deobligations Alert digest from April 20, 2026.
Risk Flags(2)
- Execution[MEDIUM RISK]▼
PRKK LLC's GSA cost-plus fixed fee delivery order for engineering services shows $0 total outlays after award on 2022-05-25, leading to full $117,329,394 deobligation near the 2026-05-24 performance end date.
- Budget[MEDIUM RISK]▼
GSA deobligation of $117M total obligation (potential $154M with options) signals potential budget constraints in civilian engineering services, impacting estimated $29.3M annual revenue for PRKK LLC.
Sector Themes(1)
- ◆
GSA deobligated $117,329,394 from PRKK LLC's full-and-open competition delivery order for engineering services (NAICS 541330), with zero outlays and performance based in Annapolis, MD.
Watch List(2)
- 👁
{"entity"=>"PRKK LLC", "reason"=>"$117M GSA engineering services obligation fully deobligated with $0 outlays, threatening estimated $29.3M annual revenue.", "trigger"=>"total outlayed progress, option exercises, performance end date extensions"}
- 👁
{"entity"=>"GSA engineering services sector", "reason"=>"Deobligation of $117M delivery order signals potential spending shifts in civilian NAICS 541330.", "trigger"=>"re-compete announcements, GSA budget reallocations"}
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