PIDC Awards Dominion Energy the Electric Utility Operations & Maintenance Contract for the Philadelphia Navy Yard
This month, PIDC announced the award for a 10-year electric utility Operations and Maintenance (O&M) services contract to Dominion Energy for the Navy Yard following a highly competitive solicitation process. This contract will go into effect on November 1, 2021 following a transition period. After a thorough review of proposals that met the Request for Proposals (RFP) criteria, Dominion Energy was selected for its strong financials and industry relevance including an extensive background and knowledge with privatized military utility installations similar to the Navy Yard electric utility grid.
Dominion Energy offers comprehensive O&M and business management expertise backed by 100+ years’ experience as one of the nation’s largest regulated utility companies, serving more than 3.2 million electric customers. A key component to Dominion Energy’s winning bid was fulfilling the strong, specific commitments to not only subcontract with local Philadelphia businesses and disadvantaged businesses in the conduct of its work, but also to improve the overall capacity of those local and disadvantaged businesses through their work. Dominion Energy will be working closely with the City of Philadelphia’s Office of Economic Opportunity to implement a robust Economic Opportunity Plan to achieve an average of 40% of minority- and women-owned business enterprises for major repairs and planned capital projects over the 10-year contract period