Polu Kai Services Secures Major Medical Facilities Contract
Polu Kai Services LLC Awarded Prominent IDIQ Contract
Polu Kai Services LLC (PKS) has landed a remarkable IDIQ contract valued at $737 million for Medical Facilities Support Services, facilitated by the U.S. Army Corps of Engineers’ Huntsville Engineering & Support Center. This contract comes through their joint venture, POLU KAI SERVICES-TIDEWATER JV II LLC, marking a significant achievement in supporting critical health infrastructure.
Understanding the Scope of the Contract
The medical facilities support services, designated as MFSS-IIIa, will enable PKS and its partner Tidewater to deliver a broad range of project support. This encompasses general facility operations, maintenance support, project development, and verification analysis. The involvement in various functional areas across the Department of Defense enhances their capacity to support inpatient facilities and clinical areas, directly benefiting our military personnel.
Continued Commitment to Military Support
Sean P. Jensen, President and Founder of PKS, shared the organization's pride in being awarded this contract. He expressed, "It truly is an honor to serve our nation's military and continue serving our U.S. Army Corps of Engineers customers. Winning this third consecutive contract is a testament to our unwavering commitment to our nation’s service men and women." This sentiment reflects PKS’s dedication to providing exceptional services, underscoring their longstanding history with the Army Corps.
Financial Insights of the Contract
The contract spans an estimated base ordering period of 26 months, with a shared capacity of approximately $289.8 million. If the optional ordering periods are exercised, the total potential value rises to around $737.9 million over 62 months. Such financial figures illustrate the significant role that PKS will play in ensuring the operational readiness of medical facilities across various locations.
About Polu Kai Services
Founded in May 2002, Polu Kai Services is a Native Hawaiian owned, service-disabled, veteran-owned small business. With a strong presence across North America and globally, PKS excels in diverse disciplines including design/build services, construction management, and environmental services. Their team is equipped with qualified professionals dedicated to meeting the needs of both defense and civilian sectors.
Contact Information for Inquiries
For media inquiries, Jeanne Germaise, Business Development Director, is available at Jeanne@polukaiservices.com. The organization welcomes queries related to their services and capabilities, emphasizing their commitment to transparency and collaboration.
Frequently Asked Questions
What is the value of the contract awarded to Polu Kai Services?
The IDIQ contract awarded to Polu Kai Services is valued at $737 million.
What services will Polu Kai Services provide under this contract?
Services include facility operations, maintenance support, project development, and various support services across the Dept. of Defense.
Who is the President of Polu Kai Services?
Sean P. Jensen is the President and Founder of Polu Kai Services LLC.
How long is the base ordering period for the contract?
The base ordering period for the contract is estimated at 26 months.
What does PKS specialize in?
Polu Kai Services specializes in design/build, construction, field engineering, and environmental services.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Summit Partners Secures $9.5 Billion for Growth Fund XII
- Oncocyte Corporation Secures $10.2 Million in Private Funding
- ATI Physical Therapy Secures $10.5 Million in New Financing
- Laundry Care Products Market Set for Major Growth by 2028
- Exploring the Future of India's IT and BPO Services Market Growth
- Genomma Lab Secures GMP Certification for Manufacturing Growth
- ICU Medical Appoints New President to Drive Future Growth
- New Fortress Energy Restructures Debt with Major Financial Moves
- Aethlon Medical Enhances Equity Incentive Plan For Growth
- Campbell Soup Secures $1.15 Billion in Senior Notes Offering
Recent Articles
- Xenon Pharmaceuticals to Showcase Innovations in Virtual Conference
- Olema Oncology Expands Employee Incentives with Stock Options
- Olema Oncology Announces Inducement Grants for Employees
- Top Cannabis Stock Moves: Gainers and Losers Insights
- Spero Therapeutics Shares Breakthrough Phase 1 Data on SPR720
- Bullish Trends Highlight Unusual Options Activity for MRNA
- Comstock Inc. Unveils Insights from 3Q24 Stakeholder Analysis
- Glacier Bancorp, Inc. Prepares for Upcoming Earnings Call
- Understanding Accenture's Options Activity and Market Trends
- Golden Ocean Group Announces Extension of Share Buy-Back Program
- A Deep Dive into Zscaler's Recent Option Trading Insights
- Greif Celebrates Recognition as a Leading Workplace for 2024
- Biden's Strategic Oil Trade: A Bold Move for Energy Security
- Insights into Cellectis Voting Rights and Shareholder Information
- Invitation Homes Sharing Q3 2024 Results & Conference Details
- Plains All American Pipeline's Q3 2024 Distributions Explained
- Primaris REIT Announces Major Offering for Strategic Growth
- Ryan Specialty to Reveal Q3 Financial Highlights Soon
- Heritage Commerce Corp Welcomes Thomas A. Sa as New COO
- Top 20 Most-Searched Tickers of September: Insights Unveiled
- CF Industries Announces Dividend and Upcoming Earnings Call
- Ameresco Unveils Largest Landfill Gas to Renewable Natural Gas Facility
- Ecolab's Long-Term Investment Return: A 20-Year Analysis
- Riot Platforms: A Decade of Growth and Investment Potential
- XPO Announces Q3 2024 Earnings Call Details and Insights
- Maryland American Water's Acquisition Triumph Promises Reliability
- Know Labs Faces Compliance Challenges with NYSE American
- Ollie's Bargain Outlet Expands with Strategic Store Acquisitions
- Levi Strauss & Co Reports Q3 Earnings: A Closer Look at Results
- Exploring Bourbon Investment: CaskX Shines at Festival Event
- Aquaron Acquisition Corp. Secures Trust Account Funding for Deal
- Centerspace Acquires The Lydian and Updates Financials
- Penumbra, Inc. Plans Q3 2024 Earnings Call on October 30
- Radiant Logistics' Strategic Move: Acquisition of Focus Logistics
- F.N.B. Corporation Supports Hurricane Relief with $100,000 Donation
- Codexis Secures $31 Million to Propel Growth into 2027
- First Citizens BancShares Sets Date for Earnings Review Call
- Fidelity National Financial Expands Presence with Strategic Acquisition
- Polu Kai Services Secures Major Contract for Military Support
- Tesla Price Target Elevated: What Investors Should Know
- BigCommerce Welcomes Travis Hess as Its New Chief Executive
- Globus Medical Enhances Trauma Product Line with Innovations
- Certara Strengthens Drug Development with Chemaxon Acquisition
- Corner Growth Acquisition Corp. 2's Strategic Shift in Accounting
- Humana Faces Challenges as BofA Downgrades Outlook
- iSpecimen Navigates Challenges After Regaining Nasdaq Compliance
- Levi Strauss Explores Strategic Options for Dockers Brand
- Positive Trends in Brazilian Stocks as Bovespa Closes Higher
- Mulvihill Canadian Bank ETF Announces Monthly Cash Distribution
- MidCap Financial Investment Corporation Announces Q3 Earnings Call Schedule