Moran wins a Navy contract worth a potential $74 million

Written by Nick Blenkey
Moran stack insignia

Moran Towing Corp., New Canaan, Connecticut, has won a $14,350,538 Navy contract worth a potential $74 million. It covers the time charter services of eight tugboats .

The tugboats will be capable of ship handling, docking and undocking in the Norfolk, Virginia, harbor and surrounding waters.

The contract includes a 12-month base period, three 12-month option periods, and one 11-month option which, if exercised, would bring the cumulative value of this contract to $74,005,396. Work is expected to be completed by February 2020. If all options are exercised, work will continue through Jan. 31, 2024.

Fiscal 2019 operations and maintenance (Navy) funds in the amount of $8,371,147 will be obligated at time of award and will expire at the end of the current fiscal year.

The United States Navy’s Military Sealift Command, Norfolk, Virginia, is the contracting activity

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