Company News
Sep 21, 2023
NOVACES Awarded a Task Order with the Economic Development Administration for Disaster Recovery Services in the U.S. Territory of Guam following Typhoon Mawar, DR-4715-GU
NOVACES has been awarded a task order to respond to destruction on the Island of Guam due to Typhoon Mawar, under its Blanket Purchase Agreement for Disaster Recovery services to the U.S. Department of Commerce’s Economic Development Administration. Guam’s economic resilience is threatened by its overdependence on tourism as a portion of its gross domestic product. While visitor arrivals increased significantly in FY23 compared to the previous year, total visitor numbers remained 62% lower than in 2019, resulting in a cumulative loss of $95 million in tax revenues not collected from FY2020 through FY2023.
Under this task order, NOVACES will engage in comprehensive recovery and support operations, including conducting a Recovery Needs Assessment, deploying economic development expertise, developing recovery strategies, and documenting technical assistance options and recovery actions that can be taken by officials of the Territory of Guam. This mission aligns with NOVACES’ expertise in disaster recovery and economic development, underlining our commitment to making a significant impact in disaster-stricken areas.
This work follows on similar efforts NOVACES led under a predecessor BPA in Puerto Rico. NOVACES contributed to economic recovery initiatives on the Island for over 5 years in the aftermath of the 2017 Hurricanes Maria and Irma. As recent disasters across the U.S. continue to reach unprecedented levels of scale and impact, NOVACES is delivering a more structured and proactive approach to preparedness and response management. Our solutions are designed to accelerate recovery and strengthen long-term resilience and readiness for future events.