For Immediate Release
WASHINGTON, D.C. (January 21, 2020) – With approval by the Public Service Commission of the District of Columbia, Pepco is moving forward with its Capital Grid project, a ten-year strategy to strengthen the resiliency and reliability of the District's energy grid by modernizing aging infrastructure while creating a smarter energy system. The upgraded grid will support the city's continued growth, accommodate more customer-generated power and have built-in technologies that help the District meet its clean energy goals.
"The Capital Grid project is a great example of our core values in action, including continuing to innovate and delivering the best service possible for our customers," said Dave Velazquez, president and CEO of Pepco Holdings. "As a company with deep roots and a strong commitment to empowering the communities we serve, we are pleased this project will provide immediate economic benefits and opportunities across the District and Maryland"
To get started on the work, Pepco has awarded nearly $250 million in contracts to five area construction firms, including those designated as District of Columbia-based Certified Business Enterprises, spurring local economic development and building on its commitment to diversity and workforce development. With these contract awards, 100 percent of the underground construction work and 77 percent of the project work overall will be performed by District of Columbia-based Certified Business Enterprises (CBE), or firms in the final stages of securing CBE designation.
Pepco has awarded contracts to the following five companies to perform work on Capital Grid:
"Pepco is committed to developing a pipeline of local, diverse talent for our workforce through engagement with local businesses and programs like the DC Infrastructure Academy," added Velazquez. "The Capital Grid project is the blueprint for what workforce development can be for the District, for local businesses, and for Pepco."
All the firms awarded contracts today have committed to hiring graduates of the DC Infrastructure Academy to perform work on Capital Grid over the span of the project.
"A project like Capital Grid can have a significant impact on a company like ours and the surrounding community, providing opportunities to put unemployed and underemployed people to work" said Pedro Alphonso, chairman and CEO of Dynamic Concepts, Inc.
"Pepco's Capitol Grid program allows Meade the opportunity to continue in partnership with the DC Infrastructure Academy and other local groups to hire and promote local people," said Frank A. Lizzadro president of Meade. "We appreciate the opportunity to participate in the project and the partnership with the DC community."
"Anchor Construction, a DC-based business for 35 years, in conjunction with our local subcontractors and vendors, are proud to be part of Exelon's team for the construction of the Capital Grid, which will employ District residents, including graduates of the DC Infrastructure Academy," said Florentino Gregorio, president and CEO of Anchor Construction.
"We are proud to be a part of a project that will have a long-term impact on improving our community and making it a sustainable place to live and work," said Edward Hanley, project executive of Clark Construction Group, LLC.
"CW & Sons is honored to have been selected to continue building our strong relationship with PEPCO in serving the needs of the District through this important project," said Chris Welch, president of CW & Sons Infrastructure. "We are also proud to provide career opportunities that will enrich the lives of the District's residents while strengthening the city's electrical infrastructure."
Pepco is committed to working closely with its customers and communities as the Capital Grid project progresses and as work is scheduled in neighborhoods across the District, having participated in more than 200 community meetings before work has begun. The company expects work will begin in the first quarter of 2020 and continue through 2027.
For more information about the Capital Grid Project and construction schedules, please visit pepco.com/CapitalGrid.
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