contract_award•Awarded Wednesday, September 9, 2026Analyzed

BRASFIELD & GORRIE LLC: $148M Department of Justice Contract

Neutral

Summary

Brasfield & Gorrie LLC, a private construction firm, received a $148M FBI award for the Practical Problem Venue project. Because the recipient is privately held and no public parent or supply chain relationships are identifiable, this contract has no direct public equity impact. The award reflects continued federal investment in secure facilities but offers no specific traded ticker for retail investors.

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Key Takeaways

  • 1.Brasfield & Gorrie is a private entity; no public ticker is directly attached to this $148M contract.
  • 2.The contract signals continued FBI spending on secure operational facilities, which may support the broader non-residential construction sector.
  • 3.Without subcontractor disclosures, naming publicly traded beneficiaries would be speculative and risk false positives.

Market Implications

This award has no direct public equity impact because the recipient is privately held. Publicly traded construction and engineering firms may compete for similar federal contracts, but this specific award does not change expected revenues for any known public company. The broader trend of federal investment in secure facilities is a mild tailwind for infrastructure-focused firms, but without a named subcontractor or parent, no single ticker can be confidently tied to this action.

Full Analysis

The Department of Justice, through the FBI, awarded Brasfield & Gorrie LLC a definitive contract valued at $148M for the Practical Problem Venue (PPV) project. The contract period runs from September 17, 2025 through May 19, 2028, indicating a multi-year construction effort. The magnitude of construction is estimated between $100M and $250M, placing this award among the FBI's larger facility investments. Brasfield & Gorrie is a large privately held construction company with no publicly traded parent or recognized subsidiary, so the contract revenue does not flow directly to public shareholders.

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Contract Details

Recipient

BRASFIELD & GORRIE LLC

Award Amount

$147,588,356

Awarding Agency

Department of Justice

Sub-Agency

Federal Bureau of Investigation

Contract Type

DEFINITIVE CONTRACT

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