The Bureau of Ocean Energy Management awarded a purchase order to 3ES Innovation Inc. for PetroVR software on September 1, 2025, with a ceiling value of $577,914.23 under firm fixed-price terms. Performance continues through August 31, 2030.
The sole-source procurement provides customized Fair Market Value analysis software supporting BOEM's offshore land evaluation activities across four offices in Sterling, Virginia; New Orleans, Louisiana; Camarillo, California; and Anchorage, Alaska. Work is performed in Ottawa, Ontario, Canada. The contract includes a 12-month base period followed by four 12-month option periods. BOEM determined that 3ES Innovation Inc. is the only vendor capable of delivering the software with the government's required customizations. The solicitation originated June 17, 2025 (solicitation 140M0125Q0019) and was conducted under Simplified Acquisition Procedures with other than full and open competition authority.