Four Firms to Extend Navy Contingency Construction Services Under $92M IDIQ Modification

Four companies been awarded a $92M modification under a U.S. Navy indefinite-delivery/indefinite-quantity contract for global contingency construction services to the military branch, the Department of Defense and federal civilian agencies.

This award to AECOM™s (NYSE: ACM) URS subsidiary, Jacobs Engineering Group˜s (NYSE: JEC) CH2M business, KBR  and Environmental Chemical Corp. will increase the total cumulative value of the multiple-award IDIQ to $1.058B, the Department of Defense said Monday.

The Navy awarded a separate $80M modification to all four contractors on Nov. 5.

Work is scheduled to conclude by May 2019.

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