FSB - Pond Joint Venture

FSB - Pond Joint Venture, a for-profit joint venture based in Oklahoma City, Oklahoma, provides architect-engineer design services to the Department of Defense and Army Corps of Engineers as a prime contractor on full-and-open (non-set-aside) federal contracts, with 100% of recent awards held as prime positions and no subcontractor footprint in the source data.

The joint venture's capability portfolio centers on military infrastructure design and engineering for the Air Force's B-21 Raider bomber program bed-down initiative across multiple installations. Recent representative work includes a $5.2 million firm-fixed-price delivery order (March 2023) from Army Corps of Engineers ENDIST Omaha for B-21 80 Row Electrical Power System design changes and construction phase services at Ellsworth Air Force Base; a $3.6 million delivery order (June 2022) from the same contracting office for B-21 squad operations and armament unit design efforts; and a $2.5 million delivery order (April 2023) from ENDIST Omaha for Dock 81 renovation design at Ellsworth AFB. Work extends to fuel cell wash rack planning at Dyess AFB ($376,738 delivery order, September 2025) and flight simulator planning charrette services ($292,278 delivery order, August 2024). The joint venture also holds a $99 million five-year indefinite-delivery contract awarded January 30, 2025, by Army Corps of Engineers ENDIST Tulsa for architect-engineering services across the Southwestern Division, with a base period of three years and two option years.

Customer concentration is heavily weighted to Army Corps of Engineers district offices. The top five customers account for 94% of awards by count, with Kansas City leading on potential value ($200.5 million across four awards), followed by Tulsa ($99 million across two awards) and Omaha ($18.2 million across seven awards). The Navy's Naval Facilities Engineering Command holds one award valued at $22.1 million. The divergence between award count and potential value reflects the scale of the Kansas City and Tulsa IDIQs—particularly the $99 million Southwestern Division contract—relative to individual delivery orders under the B-21 bed-down IDIQ. Twelve task orders valued at $19.5 million in combined potential value sit under the $200 million Architect-Engineer Design Services in Support of the B-21 Bed Down IDIQ, which runs through March 18, 2028, and includes work across Ellsworth, Whiteman, Tinker, and Dyess Air Force Bases.

Activity has remained modest in award count but substantial in ceiling value. The vendor placed three awards in 2022, two each in 2023 and 2024, four in 2025, and one in the first five months of 2026, for a total of sixteen prime awards worth $340.6 million in combined potential value across six customer agencies. Of that, only $18.8 million (6%) has been obligated to date. Five awards with completion dates in the next twenty-four months carry combined potential value of $33.7 million and face recompete or re-ordering decisions. The source identifies no subcontract relationships; all work is performed under prime capacity. All 16 awards fall under Architecture and Engineering service categories (NAICS Engineering Services, PSC Architect and Engineering codes) and carry no socioeconomic set-aside designation.