News Formal

Jacksonville construction company Sauer gets Defense contract bumped by $25 million - Jacksonville Business Journal

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Jax construction company gets DoD contract bumped by $25 million

Sauer Construction LLC has seen the value of a recently awarded Navy construction contract jump by almost 65%, with $25 million being added to a previously awarded task order.

The Jacksonville-based construction company was recently awarded the modification to a contract to provide demolition, construction, and repair work associated with storm damage at Naval Air Station Pensacola.Sauer was one of seven companies awarded a piece of a $900 million design-bid-build contract in September 2021, with task orders being issued as work is needed. The task order for the Pensacola work was initially issued earlier this month, with the company slated to be paid $38.

Last year, the company received $159.5 million in contract funds from the Department of Defense, primarily doing work for the Army and the Navy. Among its largest projects last year was construction of ammunition facilities and construction of maintenance buildings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 599. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Florida home construction company buys metro Orlando land in Apopka - Jacksonville Business JournalDream Finders buys big piece of Apopka mixed-use project
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Reports: Jacksonville isn't one of the best places for Gen Z - Jacksonville Business JournalGeneration Zers are faring worse in Jacksonville than many other places.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Lennar Corp. lowers home prices, cancels land purchases as interest rates rise - Jacksonville Business JournalOne of the nation's largest homebuilders is walking away from some land purchases as new orders fall and cancellations rise.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Uncertainty remains on Ian's track - Jacksonville Business JournalA state of emergency has been declared for all of Florida.
Source: JaxBizJournal - 🏆 599. / 51 Read more »