Contract N0024425PS135
Ocean Power Technologies, Inc. · Department Of Defense · September 2, 2025
Ocean Power Technologies, Inc. was awarded a federal contract by Department Of Defense (Department Of The Navy) on September 2, 2025 for $150,000 of work in commercial air, rail, and water transportation equipment rental and leasing. Performance is in Monroe Township, NJ. It was awarded under full and open competition. The contract has been modified 2 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on November 20, 2025.
Contract details
- PIID
- N0024425PS135
- Award type
- Purchase Order
- Pricing
- Firm Fixed Price
- Set-aside
- No Set Aside Used.
- Competition
- Not Competed
- NAICS
- 532411 · Commercial Air, Rail, And Water Transportation Equipment Rental And Leasing
- Product / service
- Buoys
- Place of performance
- Monroe Township, NJ
- First action
- September 2, 2025
- Latest action
- November 20, 2025
Description
LEASE OF A COMMERCIAL SERVICE CONTRACT FOR AN OPT NEXT GEN POWER BUOY THAT WAS MODIFIED TO INCLUDE 5G AND STARLINK. IF NPS REQUIRES AN UPGRADE TO THE SENSORS, OPT WILL SUPPORT THE UPGRADE ON MUTUALLY AGREED UPON TERMS.
Modification timeline
-
November 20, 2025Mod P00002 · Supplemental Agreement For Work Within Scope$149.8K
-
September 18, 2025Mod P00001 · Change Order$149.8K
-
September 2, 2025Base awardLEASE OF COMMERCIAL SERVICE CONTRACT FOR LEASING A CURRENT OPT NEXT GEN POWER BUOY THAT WAS MODIFIED TO INCLUDE 5G AND STARLINK ALONG NPS REQUIRES AN UPGRADE TO THE SENSORS ON THIS BUOY OWNED BY OPT. …$149.8K
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Frequently asked questions
What is contract N0024425PS135?
Contract N0024425PS135 is a federal contract awarded to Ocean Power Technologies, Inc. by Department Of Defense on September 2, 2025 for $150,000 of work classified under COMMERCIAL AIR, RAIL, AND WATER TRANSPORTATION EQUIPMENT RENTAL AND LEASING. It has been modified 2 times since the base award.
Who won contract N0024425PS135?
Ocean Power Technologies, Inc. won contract N0024425PS135 from Department Of Defense.
How much is contract N0024425PS135 worth?
Contract N0024425PS135 has obligated $150,000 to date.