Renewable and alternative energy companies competing for the US Army’s $7bn contract
Renewable and alternative energy (RAE) companies will throw their hats into a rich, but potentially risky, ring for an opportunity to contract with the US Army beginning at the end of September 2012. A number of those companies may be selected in November 2012 to belong to a pool of contractors from which some may be selected over the next 10 years to help the US Army satisfy a Department of Defense mandate to produce or procure at least 25 per cent of its total facility energy needs from RAE sources by 2025. Over the contracts’ 10-year term, the US Army will issue a number of task orders ranging in value from $500 (the minimum) to $7bn (the total of all task orders to be issued).
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