25 Nov Jonathan Cartu Says: Four Contractors Get Additional $92M Modification on Global…
The U.S. Navy has awarded $92M in additional funds under a multiple-award global contingency construction contract with AECOM‘s (NYSE: ACM) URS subsidiary, Environmental Chemical Corp., Jacobs Engineering Group‘s (NYSE: JEC) CH2M business and KBR.
Contractors received a modification that would bring the cumulative value of the original indefinite-delivery/indefinite-quantity contract to $1.15B, the Department of Defense said Friday.
The service branch issued a $80M modification on Nov. 5.
The IDIQ involves construction and engineering services in response to natural disasters, humanitarian assistance, conflicts and other events with similar characteristics.
The Department of Energy will earmark up to $100M for projects that aim to expand current understanding of the universe through experimental or theoretical studies about high-energy physics. Interested companies, universities and nonprofit organizations can apply for the funding opportunity.
CACI International‘s (NYSE: CACI) integrated security solutions team has been awarded a two-year, $112.5M contract modification to continue support work on a web-based platform designed to consolidate personnel and pay processes across the U.S. Army.