This federal contract award was issued by the U.S. Army Pacific Command (USARPAC) to the Korea Railroad Corporation (KRC), a South Korean for-profit transportation and logistics services provider. The contract, valued at $1,280,200.83, is for the transportation of freight within South Korea. It is a delivery order contract with a firm fixed price pricing type, with a period of performance running through December 31, 2024. This contract is not designated as a set-aside.
KRC has been awarded multiple federal contracts by USARPAC and other U.S. military agencies for specialized transportation and logistics services, including railroad track maintenance and freight transportation support for military operations in the Pacific region. The contract award references two significant Indefinite Delivery Contracts (IDCs) previously awarded to KRC by USARPAC, valued at $8,187,330.92 and $2,441,313.19, which demonstrate the long-term strategic partnership between the company and the U.S. military for ongoing freight transportation capabilities.
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