Four Contractors Get Additional $92M Modification on Global Contingency Construction IDIQ

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.

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