PWC Logistics awarded Prime Vendor contract

The total value of the contract may reach up to KWD4.1 billion (US$14.0 billion) over a five-year period.

This contract, which starts in December 2005, will preserve the continuity of PWC's Prime Vendor service to the US Military. Currently, PWC procures, warehouses, and transports subsistence items, including dry goods, frozen foods, fresh fruits and vegetables, and baked items, to the US Military in Kuwait, Iraq, Bahrain, and Qatar, under a contract which expires in December 2005.

The contract is divided into four time periods, an initial eighteen-month commitment followed by two back-to-back twelve-month and one final eighteen-month extension options. For each twelve-month period, the contract value may reach up to KWD823 million (US$2.8 billion). The actual value for each time period will depend on the volume of services required. Services will be provided by PWC operations located in Kuwait, Iraq, Jordan, and Turkey.

Toby Switzer, PWC Logistics General Manager, Prime Vendor, commented, "We're extremely pleased to have been selected again as the Prime Vendor in these regions. It's a clear vote of confidence by the DLA in our ability to execute under all conditions." Toby continued, "I'm very proud of the hard work and dedication our employees exhibit on a daily basis."

PWC also announced it will be providing supporting logistics services in Afghanistan.