California-headquartered AECOM announced that its joint venture with Michael Baker International has been awarded an indefinite-delivery/indefinite-quantity contract to provide architecture and engineering services supporting the compliance programs of the U.S. Naval Facilities Engineering Systems Command. Under the five-year contract with a $75-million ceiling, the joint venture is expected to deliver a wide array of services, […] Read more
Department of Energy contractor Amentum announced that United Cleanup Oak Ridge has been awarded the Oak Ridge Reservation Cleanup Contract. The single-award indefinite-delivery/indefinite-quantity contract has a 10-year ordering period and a ceiling value of approximately $8.3 billion. Under the deal, UCOR will be responsible for the cleanup and remedial actions to be taken at the […] Read more
Octo and Tyto Athene announced the creation of a new joint venture company that seeks to combine their IT modernization and digital transformation capabilities to better meet the demands of the U.S. federal government market. The new entity will be known as Octo-Athene and it will offer end-to-end solutions with capabilities ranging from network modernization […] Read more
A joint venture between Aerodyne Industries and KBR has received a potential $531 million indefinite-delivery / indefinite-quantity contract from NASA to provide engineering services for spaceflight and ground systems. Under the Mechanical Integrated Services and Technology II contract, the joint venture’s responsibilities include developing and validating new technologies designed for future space and science missions […] Read more
The Naval Facilities Engineering Systems Command has awarded a potential $90 million architecture and engineering services contract to a joint venture between Jacobs and HDR. Jacobs/HDR’s services will support facilities management and sustainment at NAVFAC Atlantic and Pacific facilities worldwide, DVIDS reported Monday. The indefinite-delivery/indefinite-quantity contract has a maximum period of performance of five years […] Read more
NASA has awarded an information technology solutions contract to a joint venture formed by Banner Quality Management Inc. and Peerless Technologies. Work will be done under the cost-plus-fixed-fee Professional, Administrative, Computational and Engineering Services contract, which has a maximum value of $233.2 million, NASA said. The contract has a two-year base period of performance, a […] Read more
Joint ventures play a large role for companies during times of distress. Such partnerships have allowed businesses to share costs and reduce capital needs during the coronavirus pandemic. Harvard Business Review, in 2020, reported an uptick in the amount of joint venture activity in multiple sectors, including health care, motor vehicles and energy. Even without […] Read more
CVP, a business consulting company, announced that it will assist the Department of Commerce National Technical Information Services as a joint venture partner. As a JVP, CVP will use its technological expertise to assist the federal government in using data as a strategic asset. The company's expertise covers artificial intelligence, machine learning, robotics and cybersecurity. […] Read more
The Department of Energy has awarded Nationwide Remediation Partners, a Huntington Ingalls Industries joint venture, a 10-year contract for nationwide deactivation, decommissioning and removal services at excess agency facilities. NRP's contract is a multiple-award, indefinite-delivery/indefinite-quantity deal that has a 10-year ordering period and a maximum ordering ceiling of $3B, HII announced Monday. “This contract award […] Read more
The Department of Energy's Carlsbad Field Office has extended Nuclear Waste Partnership's contract for management operations of the Waste Isolation Pilot Plant near Carlsbad, New Mexico, through Sept. 10, 2021. Nuclear Waste Partnership is a joint venture formed by Amentum, BWX Technologies and ORANO. The new award exercises a contract option valued at $296M, […] Read more
