Notice of Proposed Sole Source Purchase of Electro-Hydraulic Winch

The University of Southern Mississippi is proposing a sole source purchase of an Electro-Hydraulic Winch system from Okeanus Science & Technology. The system includes a standard model DT3125-200-028072-EHLW winch with soft starter, heat exchanger, and 50-meter tethered remote control. The university has conducted market research and determined that Okeanus is the only vendor that can provide the exact specifications required for their mROV operations. The base price of the system is $324,465, and the university believes this is a reasonable price for a fully engineered, high-specification capital equipment item. • The system includes a standard model DT3125-200-028072-EHLW winch with soft starter, heat exchanger, and 50-meter tethered remote control • The system has a base price of $324,465 • The university has conducted market research and determined that Okeanus is the only vendor that can provide the exact specifications required • The system is required for the university's mROV operations • The purchase is a one-time purchase essential for the mROV Operating Budget