KBR, Inc. announced today it has been awarded two indefinite-delivery/indefinite quantity (IDIQ) contracts by the U.S. Government for construction services worldwide.
"This win is indicative of KBR's strategic commitment to increase our market share by executing small capital construction projects in remote or austereinternational locations," said Andrew Pringle, president of KBR's Government Services division.
KBR has successfully delivered mission critical renovation projects over the past five years in more than 25 international locations for the U.S. Government and we are pleased to continue that service," said Byron Bright, Senior Vice President Government Services - Americas.
KBR has been awarded a $249.5 Million Indefinite Delivery Indefinite Quantity (IDIQ) contract supporting various military installations by the U.S. Army Corps of Engineers, Europe District, out of Wiesbaden, Germany. KBR was selected along with five other firms to provide design and construction services for up to five years under the IDIQ contract.
KBR was also awarded a $95 Million fixed-price IDIQ multiple award task order contract for renovation work within U.S. embassy facilities worldwide. This five-year contract, which provides upgrades to tenant facilities, was awarded by the U.S. Army Corps of Engineers, Omaha District, as the contracting entity.
Revenue associated with these multiple award IDIQ contacts will be booked into backlog of unfilled orders for KBR's Government Services Business Segment as task orders are awarded throughout the contract periods.
KBR, Inc. is a global technology, engineering, procurement and construction company serving the hydrocarbons and government services industries, employing approximately 25,000 people worldwide with customers in more than 70 countries and operations in 40 countries across three distinct global businesses.
