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TechFlow Secures $95+ Million OTA to Install EV Charging and Microgrid Infrastructure for U.S. Army Reserve
Sep 12, 2024•almost 2 years ago
Contract Type
partnership
San DiegoEnergyDescription
TechFlow has secured a 5-year, sole-source Indefinite Delivery/Indefinite Quantity (IDIQ) Other Transaction Agreement (OTA) with an agreement ceiling of $95+ million to design, install, and maintain electric vehicle (EV) charging and supporting microgrid infrastructure for the U.S. Army Reserve’s 760+ facilities.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months