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Department of Commerce Awarded a Contract to TERRASOND LIMITED for $450,000,000.00
Signed on
12/20/2024, 12:00 AM
TERRASOND LIMITED Government Contract #1305M225D0009
TERRASOND LIMITED was awarded a contract with the United States Government for $450,000,000.00. The contract was awarded by the agency office DEPT OF COMMERCE NOAA, which is a division with the National Oceanic and Atmospheric Administration within the Department of Commerce.
Summary of Award
The recipient of the federal contract is Terrasond Limited, a foreign-owned business in Alaska that specializes in hydrographic surveying and mapping services. The contract, funded by the Department of Commerce's National Oceanic and Atmospheric Administration, is worth $25,000 and is a 5-year Indefinite Delivery / Indefinite Quantity (IDIQ) agreement. Notable details include the use of full and open competition in the solicitation procedures, and it involves Architect and Engineering services. The contract's total value with all options is $450,000, with the recipient obligated to $25,000.