George G. Sharp Wins Contract

September 9, 2005

George G. Sharp Inc., Virginia Beach, Va., is being awarded a $12,170,065 cost-plus-fixed-fee contract for operation and maintenance of the NAVSEA Inactive Ships On-Site Maintenance Office (NISMO) in Philadelphia Pa. This contract includes a one-year base period and four one-year options, which if exercised, bring the total estimated contract value to $52,277,547. Work will be performed in Philadelphia, Pa. (85 percent); Norfolk, Va. (7.5 percent); and Newport, R. I (7.5 percent), and work is expected to be completed by September 2006. This contract was competitively procured, with eight offers received. The Fleet and Industrial Supply Center Norfolk Philadelphia Division is the contracting activity (N00140-06-C-0003).

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