Little Fixer-Upper…
Hensel Phelps Construction Co. in Chantilly, VA received a $254.5 million modification to a fixed-price-incentive with award-fee contract for “Wedge 3” of the Construction of The Pentagon program. Work on this sole-source contract will be performed in Arlington, VA and is expected to be complete by Oct. 31, 2007. The Pentagon Renovation and Construction Program Office in Arlington, VA issued the contract (MDA947-01-C-2001).
The Pentagon Reservation Maintenance Revolving Fund (PRMRF) finances the Pentagon Renovation program, on-going tenant leasehold improvements, and operation of and facilities improvements to the associated Raven Rock Mountain complex. It was established by the FY 1991 Defense Authorization Act (10 USC 2674), and the PRMRF’s Pentagon renovation is expected to continue through FY 2010.