Versar, Inc. Awarded Two New Municipal Stormwater Contracts
SPRINGFIELD, Va., Feb. 19, 2013 /PRNewswire/ — Versar, Inc. (NYSE MKT: VSR) announced today that it has been awarded two comprehensive Municipal Stormwater (MS4) permit compliance contracts, each expected to exceed $1M over one base year and up to five option years. For Arlington County, Virginia, Versar will provide monitoring, modeling, mapping, design, inspection, program development and implementation, data collection, analysis, management, and other services to meet the requirements of the County’s MS4 permit. This is the first contract of this type awarded by Arlington County. Operators of MS4 systems are required to develop a stormwater management program to prevent harmful pollutants from being washed or dumped into local water bodies after a storm.
For Anne Arundel County, Maryland, Versar and their subcontractor Limno Tech will be providing expert consultant support including: project coordination, illicit discharge detection and elimination, assessment of controls, and annual reporting. This is the fourth contract Versar has won as a prime contractor or subcontractor with Anne Arundel, but the first to support MS4 compliance needs across the County.
Jeff Moran, Versar’s Sr. Vice President of Environmental Services said, “With these awards, Versar adds a fourth and fifth comprehensive, countywide MS4 permit compliance contract, similar to our contracts with Frederick, Harford, and Howard Counties, Maryland. Versar has also provided stormwater compliance and watershed planning support to Baltimore, Carroll, and Montgomery Counties in Maryland and in Fairfax and Loudoun Counties in Virginia. This contract solidifies Versar’s position as the pre-eminent MS4 contractor in the region.”
VERSAR, INC., headquartered in Springfield, Virginia, is a publicly traded global project management company providing sustainable value oriented solutions to government and commercial clients in the construction management, environmental services, munitions response, and professional services market areas.
This news 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 fiscal year ended June 29, 2012, 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.
Contact: Michael J. Abram John Nesbett or Jennifer Belodeau Senior Vice President Institutional Marketing Services (IMS) Versar, Inc. (203) 972-9200 (703) 642-6706 firstname.lastname@example.org email@example.com
SOURCE Versar, Inc.