Colonna's wins $17.9 million Navy contract

colonnas shipyardFEBRUARY 12, 2013 — Colonna's Shipyard Inc., Norfolk, Va., is being awarded a $17,942,143 fixed-price contract for a dry-docking phased maintenance availability on the USS Monsoon (PC 4) for the accomplishment of miscellaneous structural, electrical and mechanical repairs, including drydocking.

This contract contains options, which if exercised, would bring the contract value to $18,690,252.

Work will be performed in Norfolk, Va., and is expected to be completed by February 2014. Fiscal 2013 Operations and Maintenance, Navy funding in the amount of $17,942,143 will be obligated at the time of the award and will expire at the end of the current fiscal year. This contract was competitively procured via the Navy Electronic Commerce Online website with two offers received.

The Naval Ship Support Activity, Norfolk, Va., is the contracting activity (N50054-13-C-1307).

Want more? Subscribe now!

News from NASDAQ