Hanmi Global’s Otak secures $400m US parks contract

Otak, the US arm of Hanmi Global, said Tuesday it has secured an IDIQ contract with the National Park Service under the US Department of the Interior. IDIQ, or indefinite delivery/indefinite quantity, is a US federal procurement model in which task orders are issued as needed without a fixed scope. The contract runs from March 2026 to February 2031, with a total value of approximately $400 million. Otak will join a group of industry players, including AECOM and Jacobs, to carry out projects over

By The Korea Herald