About Us Career Opportunities Contractors Tariffs Publications Contact Us About Us You are here: Home » About Us CORPORATE HISTORY In 2007, Doyon Utilities, LLC (DU) was awarded three 50-year utility privatization contracts for Forts Greely, JBER Richardson and Wainwright in Alaska. Following the transition period, in August of 2008, DU officially took over ownership, operations and maintenance of the twelve utilities the contracts encompass. These contracts are both the largest and most complex ever awarded by the Department of Defense. Following is a list of the individual utilities acquired in the privatization: Fort Greely Central Heat & Power Plant, Heat Distribution System & Utilidors Electrical Distribution System Water Distribution System & Treatment Wastewater Collection System & Treatment Plant LEARN MORE JBER Richardson Natural Gas Distribution System Electrical Distribution System Water Distribution System & Treatment Wastewater Collection System LEARN MORE Fort Wainwright Central Heat & Power Plant, Heat Distribution System & Utilidors Electrical Distribution System Water Distribution System & Treatment Wastewater Collection System LEARN MORE The original acquisition value of these utilities was $110 million (this number has recently increased to $250 million with additional transfers by the government), with a capital expenditure plan of nearly $400 million in the first five years. Doyon’s parent companies have the financial backing to undertake large privatizations and the ability to raise the necessary capital to renew and replace aging systems. COMPANY OVERVIEW The utilities privatization contract with Doyon Utilities is the largest utility privatization contract ever awarded by the US Military to date, with an initial contract value of approximately $4 billion over the 50-year term of the Utility service contract. This contract award followed a 30-month competitive solicitation process starting in 2004. The utility privatization was the first time that the military utility privatization bundled the utility systems under an “all or none” solicitation. Under the privatization contract, Doyon Utilities assumed direct ownership of twelve utility systems at three US Army bases and operate these under a 50-year utility contract, with associate utility easements. Doyon Utilities became a regulated utility in Alaska at the title transfer date, and as such will operate under a conventional cost-of-service rate base form of rate regulation. Lou Florence was appointed President and CEO of Doyon Utilities, LLC in fall 2019. He works with Doyon Utilities’ Management Committee to provide corporate leadership as well as oversight for day-to-day operations. Search for: ABOUT US About Us Fort Greely Utilities JBER Richardson Utilities Fort Wainwright Utilities Corporate Leadership Lou Florence President/CEO ABOUT US About Us Fort Greely Utilities JBER Richardson Utilities Fort Wainwright Utilities Corporate Leadership DOWNLOADS & PUBLICATIONS DU Standards GIS Submittals Required Forms Tariffs Publications HEAD QUARTERS 714 Fourth Avenue, Suite 100 Fairbanks, AK 99701 Phone: 907.455.1500 Fax: 907.455.6788 Mailing address: PO Box 74040 Fairbanks, AK 99707 Search for: Copyright 2016 Doyon Utilities | All Rights Reserved | Site Made by Web907.com Facebook