Other transaction agreement for research and engineering

Active Other Transaction Agreement Awarded Last action

Contract number
HQ00342490004
Awardee
Awarding agency
Obligated
$88,060

Award facts

Contract value 18% obligated
$482,952.00 Current and potential, with all options
Completion date 76% complete
Current and potential, with all options
Funding agency
Office of the Secretary of Defense Department of Defense
NAICS code
Not on record
Competition
Program Solicitation
Pricing
Other
Place of performance
San Francisco, CA 94117, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00004 $0
Supplemental Agreement for work within scope P00002 $88,060
Other Administrative Action P00001 $0
Other Administrative Action P00003 $0
Original award $394,892

About this award

Fervo Energy Company was awarded an Other Transaction Agreement (OTA) valued at $482,952 by the Office of the Secretary of Defense on March 14, 2024, for research and engineering services in support of national defense objectives. The contract, which extends through September 1, 2027, is based in San Francisco, California, and does not carry a specific set-aside designation. As a prime contractor, Fervo Energy will leverage its expertise in advanced geothermal technologies, particularly enhanced geothermal systems (EGS), to support defense-related research and development initiatives that align with the Department of Defense's strategic interests in energy innovation and resilience.

Fervo Energy is well-positioned to execute this agreement given its demonstrated capabilities in geothermal technology development and its track record of substantial federal funding. The company has secured over $48 million in cooperative agreements from the Department of Energy and the Advanced Research Projects Agency-Energy (ARPA-E) for complementary initiatives including utility-scale geothermal power generation, carbon capture and sequestration, and subsurface monitoring technologies. The OTA vehicle selected for this award reflects the Defense Department's interest in leveraging innovative, non-traditional contracting mechanisms to accelerate the development and application of advanced energy solutions for defense applications.

Quick answers

Who was awarded contract HQ00342490004?

HQ00342490004 was awarded to Fervo Energy Company by Washington Headquarters Service (Department of Defense) on March 14, 2024.

How much is contract HQ00342490004 worth?

The government has obligated $88,060 on HQ00342490004. Its current value, with exercised options, is $482,952.

Which agency awarded contract HQ00342490004?

Washington Headquarters Service (Department of Defense) awarded HQ00342490004, with funding from Office of the Secretary of Defense (Department of Defense).

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