Transparent by design
How a raw award record becomes an investor signal.
The product separates source facts, deterministic calculations and interpretation. Every published card keeps enough evidence for a reader to reproduce the core claim.
1. Detect
USAspending award and transaction records are queried with bounded, allowlisted fields. New obligations, de-obligations and corrections are classified by rules—not generated prose.
2. Map
A legal recipient is connected to a listed issuer only when effective-dated ownership evidence is available. Mappings expire and must be refreshed; ambiguous relationships are suppressed.
3. Contextualise
Incremental obligations are compared with point-in-time trailing revenue from cited SEC filings. Potential ceiling values are excluded from the exposure ratio.
4. Publish—or suppress
- Every event needs resolved award hierarchy and a current issuer mapping.
- Every number carries a source timestamp and content hash.
- Unknown or prohibited fields are rejected by default.
- Government obligations are never labelled company revenue, backlog, profit or cash flow.
Known limitations
Federal records can be revised and some Department of Defense disclosures can be delayed. The service is decision support, not investment advice, and source-linked claims can still be incomplete.