The U.S. Army has named three awardees for a potential five-year, $150M contract covering architect and design services.
An AECOM (NYSE: ACM)-Tetra Tech joint venture, Black & Veatch and Jacobs Engineering Group (NYSE: JEC) will compete for orders under the cost-plus-fixed-fee and firm-fixed-price contract, the Department of Defense said Thursday.
The Army Corps of Engineers received five bids through an internet-based solicitation process and will determine funds and work locations upon the issuance of individual orders.
DoD expects contract work to conclude by Oct. 16, 2024.