Goldbelt awarded largest contract in company history

    Juneau, Alaska (KINY) - Goldbelt, Incorporated has announced its selection as one of eight companies that will perform work for the U.S. Army in human resources - and the contract is the largest in the history of the company.

    The contract is designed to provide human resources assistance to the Army with issues like access card issuance, benefit paperwork processing, hiring civilian support staff and more. The performance period is five years with one five-year extension.

    The ceiling over 10 years of work for the contract is $6.1 billion.

    Goldbelt Glacier Health Services is the contract awardee, with other Goldbelt family of companies working as subcontractors to include: Frontier, C6, Peregrine, Goldbelt Security and other independent subcontract business partners. Goldbelt will immediately start bidding on new work under the contract and expects to grow annual revenues by $150 million per year.

    “We are excited to be recognized as a premier service and products provider by our clients,” Chuck Wimberly, President and CEO of Goldbelt, said. “This is the largest contract Goldbelt has competed for in the history of Goldbelt. We are ready to continue exceeding the expectations of our customers and growing our business.”

    Goldbelt submitted a proposal under this contract more than two years ago and the competition was significant. The award was made as a “full and open” proposal without minority SBA 8(a) status.

    “I am pleased that I was able to bring this contract to Goldbelt. Shortly, we will be busy establishing a business unit within Glacier to manage the contract with the US Army” Wimberly said. “This success significantly adds to the growth of Goldbelt and demonstrated that we can compete in the federal market. I am so proud of the steady growth of Goldbelt during my tenure as President and CEO. Goldbelt has a solid foundation of past performance in the federal market and winning the HRS-PLS elevates the company to the next level of performance and expectation.”

    Goldbelt has 21 operating units doing business in all 50 states and holds more than 33,000 acres of land in Southeast Alaska. The company sells goods and services in transportation, internet technology, construction, tourism and other industries.

    Goldbelt has more than 3,700 shareholders and was established under the Alaska Native Claims Settlement Act.

    More from News of the North

    Current Conditions

    Crude Oil Price