The US Govt cuts a PO to ORC for the $100M. (I believe a PO with a "not to exceed $100M" is already cut and ORC will use it all, baby). Orc will cut Wave Systems a purchase order for a set amount according to the original purchase order that is "in hand" at ORC.
Has anyone EVER known the government to NOT spend the entire budget allocated to a project? Yeah, that's what I thought. This is for $100M, and the $810M contract will be maxed out, as well. It would be the first in history if they weren't. LOL