Watts-Healy Tibbitts Awarded Contract

Tuesday, August 12, 2008

Watts-Healy Tibbitts, (joint venture), , , is being awarded an $84.8m firm-fixed-price contract for construction of a submarine drive-in magnetic silencing facility at Beckoning Point, Naval Station, . The contract is incrementally funded with the first increment of $42.4m being allocated at the time of award. The second increment will be funded in FY 09 at $35.8m. An additional third increment will be funded in FY 10 at $6.5m. The contract also contains one unexercised option, which if exercised would increase cumulative contract value to $86m. Work will be performed in , and is expected to be completed by Oct. 2010. Contract funds will not expire at the end of the current fiscal year. This contract was competitively procured with 41 offers solicited and four proposals received. The Naval Facilities Engineering Command, Pacific, , is the contracting activity (N62742-08-C-1311).

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1718 sec (6 req/sec)