RME/PCI JOINT VENTURE LLC: $28.5M Department of State Contract
Summary
The Department of State awarded a $28.5M definitive contract to RME/PCI JOINT VENTURE LLC for the relocation of the Consulate General in Marseille, France. As the recipient is a private entity, no publicly traded companies are directly impacted by this award.
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Key Takeaways
- 1.The $28.5M contract is for consulate relocation in France, awarded to a private entity.
- 2.No publicly traded companies are beneficiaries, so no direct stock market impact.
- 3.The contract is routine and low-impact for the infrastructure sector.
Market Implications
There are no market implications from this contract as it involves a private entity and does not affect any publicly traded companies. The infrastructure sector may see minor indirect effects from diplomatic facility spending, but no specific tickers are tied to this award.
Full Analysis
This contract, valued at $28.5 million, was awarded by the Department of State to RME/PCI JOINT VENTURE LLC for the relocation of the U.S. Consulate General in Marseille, France. The contract period runs from September 2025 to November 2027. Since the recipient is a private joint venture and not a publicly traded company or a recognized subsidiary of one, there is no direct revenue impact on any public company. The contract falls under the infrastructure sector due to its construction and relocation nature. No related legislation or presidential actions directly connect to this specific award, and the associated bill signals are neutral with low impact scores, indicating no significant sector-wide implications. Retail investors should note that this contract does not create a direct investment opportunity in publicly traded equities.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
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STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $1.5B Department of Homeland Security Grant
SPENCER CONSTRUCTION LLC: $1.1B Department of Homeland Security Contract
FISHER SAND & GRAVEL CO: $2.8B Department of Homeland Security Contract
SOUTHWEST VALLEY CONSTRUCTORS CO: $1.7B Department of Homeland Security Contract
AMI METALS, INC: $1.5B Department of Homeland Security Contract
FISHER SAND & GRAVEL CO: $2.6B Department of Homeland Security Contract
HANFORD TANK WASTE OPERATIONS & CLOSURE, LLC: $1.5B Department of Energy Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Securing America’s Defense Supply Chains and Ensuring Domestic Acquisition of Critical Materials
This executive order restricts waivers for foreign-sourced critical materials in defense contracts, effective January 1, 2027, and mandates that defense contractors map their supply chains from raw materials to end products, vet subcontractors for risks, and prohibit covered materials from unreliable foreign suppliers. It directs the Secretary of War to enforce strict compliance, including requiring mitigation plans for any non-compliant materials and establishing penalties for fraud or willful noncompliance.
Securing the Nation Against Advanced Cryptographic Attacks
This executive order mandates a nationwide transition of federal information systems and critical infrastructure to post-quantum cryptography (PQC) by specific deadlines (2030 for key establishment, 2031 for digital signatures), directs NIST to lead technical guidance and a pilot project, requires agencies to appoint PQC migration leads, and orders the Federal Acquisition Regulatory Council to propose rules requiring contractors to comply with NIST PQC standards by 2030.
National Security Presidential Memorandum/NSPM-12
This memorandum rescinds previous national security directives and re-establishes the Committee on National Security Systems (CNSS) to enforce baseline cybersecurity standards across all National Security Systems (NSS) operated by the Department of War, Intelligence Community, and Federal Civilian Executive Branch agencies. It creates binding directives and complementary standards that must meet or exceed NIST guidelines, empowers the NSA Director as the National Manager to issue emergency directives and cryptography requirements, and holds agency heads accountable through government-wide oversight.
Contract Details
Recipient
RME/PCI JOINT VENTURE LLC
Award Amount
$28,540,234
Awarding Agency
Department of State
Sub-Agency
Department of State
Contract Type
DEFINITIVE CONTRACT
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