![Army Taps Golden Valley Electric Association for Fort Greely Power Service - top government contractors Jeff Brody](https://executivebiz-media.s3.amazonaws.com/2022/08/19/86/d5/a5/30/64/42/92/c4/Executive-Biz.png)
The U.S. Army awarded power grid operator Golden Valley Electric Association a 10-year, $49M contract to provide electrical utility services to a military base located in Alaska.
GVEA will supply power at Fort Greely through May 31, 2029, and receive $2.5M at the time of award, the Department of Defense said Thursday.
The military branch received one bid for the firm-fixed-price contract and will use fiscal 2019 operations and maintenance funds to cover the initial obligated amount.
Fairbanks, Alaska-based GVEA manages transmission and distribution lines, substations and generating facilities that support military installations such as Fort Wainwright, Fort Greely and Eielson Air Force Base.