SAIC Inc. (NYSE: SAI) has received a contract modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change authorized byBudget Year the "changes" clause. Not issued without contractor consent. for maintenance and repair operations from the Defense Logistics Agency, increasing the award’s potential value to $208 million.
The Defense Department announced Tuesday the move exercises the seventh option year on the economic price adjustment, indefinite-delivery/indefinite-quantity contract.
Work will occur in the southwest region and will support the four military branches and federal civilian agencies.
The Pentagon expects the work to finish byBudget Year May 18, 2013 and the DLA’s troop support office in Philadelphia is the contracting activity.
In December 2011, the McLean, Va.-based engineering and science contractor also won a prime contract valued around $1 billion to supply and recycle aircraft tires.