SAIC Awarded $21 Million Blanket Purchase Agreement For Biomass Engineering
SAIC's Wholly-Owned Subsidiary, R.W. Beck, to Provide Independent Engineering Services to Support Department of Energy's Office of the Biomass Program
MCLEAN, Va., March 9 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced that its wholly-owned subsidiary, R.W. Beck, has been awarded a blanket purchase agreement by the Department of Energy (DOE) and the Golden Field Office to support The Office of Energy Efficiency and Renewable Energy's Biomass Program. The BPA's period of performance expires Sep. 30, 2015 and has a ceiling value of $21 million.
The Biomass Program works with industry, academia, and national laboratory partners on a balanced portfolio of research in biomass feedstocks and conversion technologies. Through research, development, and demonstration efforts geared toward the commercialization of integrated biorefineries, the Biomass Program is helping transform the nation's renewable and abundant biomass resources into cost competitive, high performance biofuels, bioproducts, and biopower.
As part of the program, the DOE recently announced that it will partially fund via grants the design, construction, and operation of 18 integrated ethanol biorefinery pilot and demonstration projects, helping promote the development and commercialization of cellulosic and algae derived biofuel and biochemical production in the United States. Under the BPA, R.W. Beck will serve as DOE's independent engineer on these projects, providing services including assistance in program management, technical and financial due diligence, construction and operations monitoring, and Recovery Act compliance.
"We have extensive experience providing renewable technologies support services and design-build projects to government and commercial customers, and we understand the complexities associated with ethanol biofuels and biochemicals technologies and their deployment in the market place," said J.T. Grumski, SAIC senior vice president and business unit general manager.
About SAIC
SAIC is a FORTUNE 500® scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit www.saic.com. SAIC: From Science to Solutions®
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2009, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
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Melissa Koskovich |
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