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Alaskan Native Firm Awarded Multi-Million Dollar Contract

January 08, 2004
Thursday - 1:00 am

The Department of Energy (DOE) recently selected a portion of the Strategic Petroleum Reserve (SPR) Project's billion-dollar Management & Operating (M&O) contract to assist small and disadvantaged businesses. The SPR is based in New Orleans, La. The award -- made as an 8(a) set-aside -- is the first M&O agreement targeted by DOE to unbundle contracts in order to increase small business prime contracts. The $26 million-dollar contract has a two-year term with three one-year options that could increase its total value to more than $60 million.

The awardee, ASRC Constructors Inc., headquartered in Barrow, Alaska, is an Alaskan Native corporation certified by the Small Business Administration (SBA) as an 8(a) contractor. Minority-owned small and disadvantaged businesses must be certified by SBA in order to qualify for the 8(a) business development program. ASCR will use the award for construction management services.

The Energy Department has issued a Small Business policy that fully supports the administration's Small Business Agenda. Additionally, Secretary Abraham, has taken specific measures to increase small business awards at DOE.

"I have directed all DOE offices to expand contract opportunities with small and disadvantaged businesses," Secretary of Energy Spencer Abraham said. "Reaching out to small and disadvantaged businesses will give small business owners the jump-start they need to create new jobs, support their workers, and improve our economy as called for in President Bush's Small Business Agenda."

Last year, the Bush administration initiated a Small Business Agenda committed to opening up federal contracting opportunities to small and disadvantaged businesses and to creating an environment where small businesses can flourish. Under the President's economic plan, small businesses will be able to devote more resources to developing products, growing businesses, and hiring more employees.

Small businesses represent more than 99 percent of all employers, and employ more than half the private work force. Close to 15 percent of America's small business owners are minorities -- and the trend of minority ownership is accelerating. Small businesses are providing job opportunities for millions of Americans in thousands of communities across America.



Source of News Release:

U.S. Department of Energy
Web Site


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