Contract Award: U.S. Marine Management Inc. (Norfolk, Virginia) – $17,650,840

U.S. Marine Management Inc., Norfolk, Virginia, is being awarded a $17,650,840 firm-fixed-price contract with reimbursable elements (N3220523C4223) for time charter of one U.S. Flag, double hull tanker Yosemite Trader with an Inert Gas System and Segregated Ballast Tanks that is capable of carrying a minimum of 300,000 barrels of clean petroleum products (intention JP8, JAA, or F76) within the vessel’s natural segregation in designated cargo tanks with double valve isolation. This contract includes a 12-month base period with two 12-month option periods, which, if exercised, would bring the cumulative value of this contract to $52,558,626. Work will be performed in Hawaii and worldwide, and is expected to be completed if all options are exercised by April 2026. Working capital funds (Transportation) in the amount of $17,650,840 are obligated for fiscal 2023, and will expire at the end of the fiscal year. This contract was competitively procured with proposals solicited via the System Award Management website and four offers were received. The Navy’s Military Sealift Command, Norfolk, Virginia, is the contracting activity.