Contract DEAC0503OR22988

Ohio Valley Electric Corporation · Department Of Energy · April 15, 2003

Cost No FeeNAICS 221121

Ohio Valley Electric Corporation was awarded a federal contract by Department Of Energy on April 15, 2003 for $200.02 million of work in electric bulk power transmission and control. Performance is in Piketon, OH. The contract has been modified 215 times since the base award It uses cost no fee contract pricing. The most recent modification was on March 20, 2026.

Obligated to date
$200.02M
$200,023,017
Current value
$218.36M
Modifications
215
Latest March 20, 2026

Contract details

PIID
DEAC0503OR22988
Award type
Definitive Contract
Pricing
Cost No Fee
Competition
Not Available For Competition
NAICS
221121 · Electric Bulk Power Transmission And Control
Product / service
Utilities- Electric
Place of performance
Piketon, OH
First action
April 15, 2003
Latest action
March 20, 2026

Description

OVEC: THIS IS A FIXED UNIT RATE CONTRACT TO PROVIDE ELECTRIC UTILITY SERVICE FOR THE PORTSMOUTH GASEOUS DIFFUSION PLANT IN PIKE COUNTY, OHIO. THIS MODIFICATION PROVIDES INCREMENTAL FUNDING.

Modification timeline

  • March 20, 2026
    Mod 216
    OVEC: THIS IS A FIXED UNIT RATE CONTRACT TO PROVIDE ELECTRIC UTILITY SERVICE FOR THE PORTSMOUTH GASEOUS DIFFUSION PLANT IN PIKE COUNTY, OHIO. THIS MODIFICATION
    $900.0K
  • February 23, 2026
    Mod 215
    OVEC: THIS IS A FIXED UNIT RATE CONTRACT TO PROVIDE ELECTRIC UTILITY SERVICE FOR THE PORTSMOUTH GASEOUS DIFFUSION PLANT IN PIKE COUNTY, OHIO. THIS MODIFICATION
    $900.0K
  • January 21, 2026
    Mod 214
    OVEC: THIS IS A FIXED UNIT RATE CONTRACT TO PROVIDE ELECTRIC UTILITY SERVICE FOR THE PORTSMOUTH GASEOUS DIFFUSION PLANT IN PIKE COUNTY, OHIO. THIS MODIFICATION
    $865.0K
  • December 16, 2025
    Mod 213
    OVEC: THIS IS A FIXED UNIT RATE CONTRACT TO PROVIDE ELECTRIC UTILITY SERVICE FOR THE PORTSMOUTH GASEOUS DIFFUSION PLANT IN PIKE COUNTY, OHIO. THIS MODIFICATION
    $425.0K
  • November 5, 2025
    Mod 212
    OVEC: THIS IS A FIXED UNIT RATE CONTRACT TO PROVIDE ELECTRIC UTILITY SERVICE FOR THE PORTSMOUTH GASEOUS DIFFUSION PLANT IN PIKE COUNTY, OHIO. THIS MODIFICATION
    $285.0K
  • September 25, 2025
    Mod 211
    OVEC: THIS IS A FIXED UNIT RATE CONTRACT TO PROVIDE ELECTRIC UTILITY SERVICE FOR THE PORTSMOUTH GASEOUS DIFFUSION PLANT IN PIKE COUNTY, OHIO. THIS MODIFICATION
    $0
  • September 18, 2025
    Mod 210
    OVEC: THIS IS A FIXED UNIT RATE CONTRACT TO PROVIDE ELECTRIC UTILITY SERVICE FOR THE PORTSMOUTH GASEOUS DIFFUSION PLANT IN PIKE COUNTY, OHIO. THIS MODIFICATION
    $0
  • August 21, 2025
    Mod 209
    OVEC: THIS IS A FIXED UNIT RATE CONTRACT TO PROVIDE ELECTRIC UTILITY SERVICE FOR THE PORTSMOUTH GASEOUS DIFFUSION PLANT IN PIKE COUNTY, OHIO. THIS MODIFICATION
    $1.54M
  • July 8, 2025
    Mod 208
    OVEC: THIS IS A FIXED UNIT RATE CONTRACT TO PROVIDE ELECTRIC UTILITY SERVICE FOR THE PORTSMOUTH GASEOUS DIFFUSION PLANT IN PIKE COUNTY, OHIO. THIS MODIFICATION
    $530.0K
  • May 15, 2025
    Mod 207
    OVEC: THIS IS A FIXED UNIT RATE CONTRACT TO PROVIDE ELECTRIC UTILITY SERVICE FOR THE PORTSMOUTH GASEOUS DIFFUSION PLANT IN PIKE COUNTY, OHIO. THIS MODIFICATION
    $670.0K

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Frequently asked questions

What is contract DEAC0503OR22988?

Contract DEAC0503OR22988 is a federal contract awarded to Ohio Valley Electric Corporation by Department Of Energy on April 15, 2003 for $200.02 million of work classified under ELECTRIC BULK POWER TRANSMISSION AND CONTROL. It has been modified 215 times since the base award.

Who won contract DEAC0503OR22988?

Ohio Valley Electric Corporation won contract DEAC0503OR22988 from Department Of Energy.

How much is contract DEAC0503OR22988 worth?

Contract DEAC0503OR22988 has obligated $200.02 million to date, with a total potential value of $218.36 million if all options are exercised.