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New awards
408,929
Obligated
$870B
Median award
$116,168
Median offers
3
  • Agencies signed about 38,197 new awards in Virginia a year from FY2016 to FY2025, 35,636 of them in FY2025.
  • The median award was $116,168; 20,922 different companies won at least one award.
  • 45% of awards that report a set-aside were set aside for small businesses or a socioeconomic program, most often small business set-asides.
  • 20,598 of these awards reach their potential end date (all options exercised) in the next 12 months, so most of that work comes up for re-bid.

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Awards per fiscal year

New awards in Virginia of $25,000 or more by the fiscal year they were signed (October to September), with the amount obligated on them to date.

New awards in Virginia per fiscal year
Fiscal yearAwardsObligated
FY2016
39,439
$68.4B
FY2017
37,379
$62.4B
FY2018
41,147
$68.9B
FY2019
38,983
$76.4B
FY2020
38,243
$76.2B
FY2021
36,437
$89.1B
FY2022
36,355
$91.1B
FY2023
39,534
$94.8B
FY2024
38,814
$97.1B
FY2025
35,636
$78B
FY2026*
26,962
$67.1B

* FY2026 is still filling in: the Department of Defense reports its awards 90 days late. Full years run to FY2025.

How competitive are these contracts?

82% of awards were competed. Competed awards drew a median of 3 offers, against 3 offers across all federal contracts; 29% got a single offer.

Competed awards by number of offers received
Offers receivedCompeted awards
1 (single offer)
66,718 (29%)
2
34,048 (15%)
3-4
46,294 (20%)
5-9
31,828 (14%)
10+
48,351 (21%)

227,239 competed awards with an offer count. Not competed: 74,273 awards (sole source, follow-on or not available for competition).

Set-asides

45% of the 156,859 awards that report a set-aside were reserved for small businesses or a socioeconomic program.

Awards by set-aside type
Set-asideAwards
No set-aside
86,287 (55%)
Small business
51,160 (33%)
8(a)
9,405 (6%)
Service-disabled veteran-owned (SDVOSB)
7,298 (5%)
HUBZone
1,514 (1%)
Women-owned (WOSB and EDWOSB)
979 (1%)
Indian Economic Enterprises (ISBEE)
139 (0%)
Veteran-owned (VA VOSB)
77 (0%)

Orders placed under an existing contract vehicle often leave the set-aside blank (it is recorded on the vehicle), so they are left out here.

How big are the awards?

The median award was $116,168. 46% were under $100,000, the range where agencies often use simplified acquisition.

Awards by amount obligated
Amount obligatedAwards
Under $100K
189,220 (46%)
$100K-$1M
157,625 (39%)
$1M-$10M
51,239 (13%)
$10M+
10,845 (3%)

Which agencies buy?

The agency components with the most new awards in the state.

Largest awards

The five awards with the most obligated, as described by the contracting office. Each links to its record on USAspending.gov.

  1. Cvn 80 engineering efforts and steelDepartment of the Navy, FY2016$13.4B
  2. Cy24 avsc supply supportDepartment of the Navy, FY2024$7.8B
  3. Ccn region 3 express reportDepartment of Veterans Affairs, FY2022$5.2B
  4. Express reportDepartment of Veterans Affairs, FY2022$4.8B
  5. Fiscal year 2022 express report for region 1Department of Veterans Affairs, FY2022$4.2B

Coming up for re-bid

20,598 of these awards reach their potential end date (every option exercised) in the 12 months after November 5, 2026. Agencies usually post the follow-on solicitation, or a sources-sought notice, months before that.

Falkview US watches SAM.gov for the follow-on notices under your NAICS codes, checks set-aside eligibility against your UEI, and drafts the response for your team to review. For janitorial, landscaping and facilities support, the recompete calendar lists the individual contracts.

See how Falkview handles a re-bid

Questions

How many bids do federal contracts in Virginia get?

Competed awards drew a median of 3 offers (FY2016-FY2026, 227,239 awards with an offer count). 29% got a single offer and 35% got five or more. Across all federal contracts the median is 3 offers.

Which agencies award the most federal contracts in Virginia?

By number of new awards in FY2016-FY2026: Defense Logistics Agency (31%), Department of the Navy (17%), Department of the Army (7%). Agencies that buy often are the ones to watch for recompetes and sources-sought notices.

How many federal contracts in Virginia are set aside for small business?

45% of the awards that report a set-aside were reserved for small businesses or a socioeconomic program: small business set-asides 33%, 8(a) 6%, Service-disabled veteran-owned (SDVOSB) 5%. Orders under existing contract vehicles often leave the field blank, so those are not counted.

Where the numbers come from

Every new federal contract award of $25,000 or more signed from October 1, 2015 to September 30, 2026 (FY2016 to FY2026), as reported to USAspending.gov from the Federal Procurement Data System: definitive contracts, purchase orders, delivery orders and BPA calls. Amounts are what has been obligated on each award to date, options and modifications included. Place is the place of performance.

Offer counts are FPDS's “number of offers received” on competed awards. Award recipients are counted but not named here. Pages with fewer than 150 awards (500 for one code in one state) are left out of search engines, because a handful of awards can swing the numbers.

Compiled by Falkview US from public data, updated November 5, 2026. Free to reuse under CC BY 4.0 with a link to the page.

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