Versar, Inc. awarded $21 million option for Iraq reconstruction (07/05/08)


Versar, Inc. announced today an award of an additional $21 million. This is the second option year of its existing contract to provide professional management services for approximately 400 personnel involved in construction management for the Army’s rebuilding efforts in Iraq.
 
 
This increases Versar’s total contract value to over $57.8 million or 44% higher than originally budgeted. All work under this delivery order will be completed by April 2009.

Dr. Ted Prociv, Versar’s President and CEO, stated "This award by the U.S. Army Corps of Engineers reflects the outstanding performance by Versar’s international division, VIAP, in Iraq."

"Versar has demonstrated that our management approach, cost, and products are competitive in any market and our personnel are capable of excelling at any mission they are asked to accomplish." he added.

Versar, Inc., headquartered in Springfield, VA, is a publicly held international professional services firm supporting government and industry in national defense/homeland defense programs, environmental health and safety and infrastructure revitalization.

Source: Business Wire


 

   
 
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