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$524,718,870

General Services Administration·Federal Acquisition Service

to PARSONS GOVERNMENT SERVICES INC.

otheractiveONGOING · MOD OF 2023 CONTRACT
WORK BEGAN2023-04-27·LATEST ACTION2026-06-23·SOURCEUSASPENDING·SOURCE IDCONT_AWD_47QFCA23F0024_4732_47QFCA22D0383_4732
Award description

BOLD VENTURE

Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.

The Buildout's read

What the model surfaced from this award

Confidence: low
In plain English

Latest obligation increment on the BOLD VENTURE contract, a multi-year GSA Federal Acquisition Service agreement with Parsons Government Services that began in April 2023.

Sub-sectors
gsa-contractparsons-government-servicesbold-venture-program
Why this matters

BOLD VENTURE is a major GSA vehicle; the $503.5B cumulative value and 2023–2027 timeline suggest significant federal infrastructure or operations support, but the project name alone does not clarify strategic importance.

Supply-chain signal

Parsons is a major federal contractor; this ongoing commitment signals sustained demand for its services across GSA's portfolio, likely affecting subcontractor and vendor relationships.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-05-19. Cost: $0.003021.

Period of performance
Start
2023-04-27
End
2027-04-26
Status
activein 300 days
Sources

The Buildout does not edit federal records. Any inaccuracy reflects the upstream source; it will update here when corrected there.

$524.7M General Services Administration — The Buildout — The Buildout