Those funds will be obligated at the time of award and will not expire at the end of the year, according to the DoD. The contract is reportedly being incrementally funded, with $463,000,000 being allocated at this year. The Dragados/Hawaiian Dredging/Orion joint venture was reportedly one of five companies that submitted proposals for this task order, which was contracted under a previously awarded multiple-award construction contract.
Pacific Fleet’s nuclear-powered submarines. Navy awarded a firm-fixed-price task order of more than $2.8 billion to Dragados/Hawaiian Dredging/Orion JV (Honolulu) for the construction of a new concrete dry dock at the Pearl Harbor Naval Shipyard.Īccording to a report from GovConWire, the project involves replacing the Pearl Harbor Naval Shipyard’s existing Dry Dock 3 with a new graving dock, as part of the Navy’s plans to improve its ability to maintain and modernize the U.S.
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