DoD Awards $500M Renewable Energy Contract to Small Business

Original Article: PDDNET

Virginia-based small business Apex Clean Energy was given a $497.3 million Defense Logistics Agency contract for renewable energy, the United States Department of Defense announced Friday.

The electricity will be produced by an on-site solar and off-site wind energy production facility, and also by other traditional energy sources.

The U.S. government received nine bids for the firm-fixed-price contract, which will last for 29 years, 10 months. The portion of the contract pertaining to conventional energy lasts for 10 years, and includes a 10 year, eight month option. The labor will be conducted in Virginia and Texas, and should be finished on Oct. 31, 2045. The U.S. Army will benefit from the contract.

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