Contract Award: $18M for O&M of Vessels for the U.S. Navy Offshore

Hornbeck Offshore Operators LLC, Covington, Louisiana, is being awarded an $18,106,860 firm-fixed-price contract for the operation and maintenance of three blocking vessels and the charter of a fourth blocking vessel.
This contract includes nine 12-month option periods and one 150-day option period, which, if exercised, would bring the cumulative value of this contract to $346,795,380. Work will be performed at sea worldwide and is expected to be completed September 2015.
If all options are exercised, work will continue through Feb. 27, 2025. Fiscal 2015 working capital funds in the amount of $18,106,860 are obligated for fiscal 2015, and will not expire at the end of the fiscal year. This contract was awarded under other than full and open basis in accordance with 10 U.S.C. 2304(c)(1), as implemented by FAR 6.302-1 - only one responsible source and no other supplies or services will satisfy agency requirements. The Navy’s Military Sealift Command, Washington, District of Columbia, is the contracting activity (N62387-15-C-2507).
ABOUT Hornbeck Offshore Operators
Hornbeck Offshore Services, Inc. is a leading provider of technologically advanced, new generation offshore service vessels primarily in the Gulf of Mexico and Latin America. Hornbeck Offshore currently owns a fleet of 68 vessels primarily serving the energy industry and has eight additional high-spec Upstream vessels under construction for delivery through 2016.