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Marisco Signs $5.4M Navy Deal

Maritime Activity Reports, Inc.

December 2, 2002

Marisco, Ltd, Kapolei, Hawaii, is being awarded a $5,450,152 firm-fixed-price contract for the Restricted Availability of the Repair Berthing & Messing Barge (YRBM-52). This contract contains options, which if exercised, would bring the total cumulative contract value to $7,618,379. Work will be performed in Kapolei and is to be completed by May 2003. Contract funds will expire at the end of the current fiscal year. This award was competitively procured and advertised electronically in the Federal Business Opportunities Web site, with five proposals solicited and two offers received. The Supervisor of Shipbuilding, Conversion, & Repair, U.S. Navy, San Diego is the contracting activity (N62791-03-C-0015).

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