Contract DEAC0503OR22988

Ohio Valley Electric Corporation · Department Of Energy · September 29, 2020

Cost No FeeNAICS 221121

Ohio Valley Electric Corporation was awarded a federal contract by Department Of Energy on September 29, 2020 for $6.61 million of work in electric bulk power transmission and control. Performance is in Piketon, OH. The contract has been modified 13 times since the base award It uses cost no fee contract pricing. The most recent modification was on March 20, 2026. If all options are exercised, the contract could reach $218.36 million.

Obligated to date
$6.61M
$6,610,000
Current value
$218.36M
Modifications
13
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
September 29, 2020
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 · Funding Only Action
    $200.02M
  • February 23, 2026
    Mod 215 · Funding Only Action
    $199.12M
  • January 21, 2026
    Mod 214 · Funding Only Action
    $198.22M
  • December 16, 2025
    Mod 213 · Funding Only Action
    $197.36M
  • November 5, 2025
    Mod 212 · Funding Only Action
    $196.93M
  • September 25, 2025
    Mod 211 · Funding Only Action
    $196.65M
  • September 18, 2025
    Mod 210 · Other Administrative Action
    $196.65M
  • August 21, 2025
    Mod 209 · Funding Only Action
    $196.65M
  • July 8, 2025
    Mod 208 · Funding Only Action
    $195.11M
  • September 24, 2024
    Mod 203 · Funding Only Action
    $192.15M

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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 September 29, 2020 for $6.61 million of work classified under ELECTRIC BULK POWER TRANSMISSION AND CONTROL. It has been modified 13 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 $6.61 million to date, with a total potential value of $218.36 million if all options are exercised.