Notice of Intent to Sole Source for Lease of Buoy 1301258535a

NOTICE OF INTENT TO AWARD A SOLE SOURCE PURCHASE ORDER. NAVSUP Fleet Logistics Center, San Diego intends to issue sole source award in accordance with Ocean Power Technologies, Inc (OPT). SAM.Gov s Unique Entity ID #04EP7; Cage # 04EP7, 28 Engelhard Drive, Suite B, Monroe Township, NJ 08331-3720. This procurement is for a commercial supply contract for leasing a current OPT Next Gen Power Buoy that was modified to include 5G and Starlink along with other special salient characteristics. The Buoy is currently residing at the Naval Postgraduate School in Monterey, CA (NPS). NPS requires an upgrade to the sensors on this buoy owned by OPT. This lease procurement will consist of a 12-month base period and two 12-month Option periods. REFERENCE J&A (Attached)