Versar, Inc. (NYSE AMEX: VSR) announced it has been awarded a General Services Administration (GSA) Professional Engineering Services (PES) Contract Schedule 871. The contract has a base period of performance of five (5) years, plus three (3) option periods of five (5) years each.
The PES contract was established by GSA to provide Federal, State, Local, and United Nations agencies with solutions for their various engineering requirements and allow those agencies to procure needed services. The comprehensive statement of work provides a streamlined approach to accessing qualified firms in the engineering disciplines of mechanical, electrical, chemical, components of civil engineering, and sub-disciplines such as aerospace, nuclear, bioengineering, fire protection, and marine architecture and expertise in construction management.
Tony Otten, CEO of Versar, Inc., said, “The GSA PES Schedule provides another important and widely accepted contract vehicle that will allow our government clients an efficient alternative for contracting engineering services at competitive rates.”
Mr. Otten continued, ”This award further supports a key initiative for Versar - providing technical services in harsh environments and continuing to support the United States government in our worldwide reconstruction efforts.”VERSAR, INC., headquartered in Springfield, VA, is a publicly held global project management company providing sustainable solutions to government and commercial clients in construction management, environmental services, munitions response, telecommunications and energy. Versar operates a number of web sites, including the corporate Web sites, www.versar.com, www.homelanddefense.com, www.geomet.com; www.viap.com; www.dtaps.com; www.adventenv.com, and www.ppsgb.com. This press release contains forward-looking information. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be significantly impacted by certain risks and uncertainties described herein and in Versar’s Annual Report on Form 10-K filed with the Securities and Exchange Commission for the year ended July 1, 2011, as updated from time to time in the Company’s periodic filings. The forward-looking statements are made as of the date hereof and Versar does not undertake to update its forward-looking statements.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV