Allen & Overy LLP

Allen & Overy LLP, a global law firm headquartered in New York, operates as a prime contractor providing specialized legal services and outside counsel to federal agencies on energy finance, semiconductor manufacturing, and complex federal loan programs, competing exclusively under full-and-open (non-set-aside) delivery orders and definitive contracts. The firm is a partnership organized as a limited liability partnership with one named subsidiary, Allen Overy Shearman Sterling US LLP, and operates entirely on its own as a prime — 100% of its recent federal awards carry prime designation, with no subcontractor engagement across the portfolio.

Allen & Overy's customer concentration centers on three federal lenders and development finance agencies. The Department of Energy Office of Loan Programs dominates both award count and dollar value at 9 awards worth $19.8 million combined potential value, anchored by definitive contracts for outside transactional counsel on loan guarantee applications including Project Hestia ($1.4 million), Project Marahu ($598 thousand), and Loan 1424 RSCAP DE-RS01-00088 ($1.157 million), plus delivery orders for collateral agent transition support ($1.4 million) and Title XVII Loan Guarantee Program work. The National Institute of Standards and Technology accounts for 4 awards and $12.6 million in combined potential value, concentrated under a $9.9 million multiple-award indefinite-delivery contract for CHIPS legal support services awarded March 24, 2023, with two delivery orders executed to date: $2.075 million for legal support services through March 2025 and $294.9 thousand for programmatic legal services through October 2026. The Export-Import Bank of the US represents 6 awards totaling $4.1 million. The Overseas Private Investment Corporation and Millennium Challenge Corporation complete the top five by award count, each carrying smaller ceiling values. These five customers account for 74% of recent awards and 82% of combined potential value. All awards employ labor-hours pricing on open competition without set-aside designations.

SCI-reported invoiced revenue shows $5 million across fiscal years 2023 and 2024: $2.1 million in FY2023 across 1.5 FTEs and $2.9 million in FY2024 across 1.9 FTEs. Government-paid hourly rates on federal service contracts run a median of $870.27 per hour, with senior labor pricing reaching the 90th percentile at $1,008.14 per hour and lower-cost effort at the 10th percentile around $326.66 per hour. The firm delivers all reported hours through its own attorneys and senior counsel — average sub-hours share across SCI-reportable prime contracts is 0%, indicating self-performed delivery across the federal portfolio. Activity shows six awards with ultimate completion dates in the next twenty-four months, carrying combined potential value of $4.7 million and representing the primary recompete window. Recent awards include the July 2026 $297 thousand delivery order from NIST for legal support services through July 2028, indicating sustained engagement on the CHIPS contract IDIQ and ongoing federal lending-agency work.