| Versar Team Selected for up to $45 Million Task Order at Tinker Air Force Base, Oklahama |
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| Wednesday, 10 August 2011 00:00 |
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Springfield, VA – Wednesday, August 10, 2011 – Versar, Inc. (NYSE Amex: VSR) announced today that it has been selected as prime contractor for up to a $45.4 million task order with the Air Force Center for Engineering and the Environment (AFCEE) under their WERC09 contract, for conducting performance-based remediation at Tinker Air Force Base, Oklahoma. The initial funded award amount is $18.7 million, with options totaling another $26.7 million over the next nine years. Versar, and major teaming members CH2MHill and Battelle Memorial Institute, have combined their unique skills, resources, and Tinker AFB experience, to forge a team who can implement effective cleanup remedies. Using various remediation technologies, the Versar team will be performing environmental cleanup at 34 sites across the base, with the overall goal of achieving closure at 13 of these sites, making them eligible for unrestricted future land use. Tony Otten, CEO of Versar said “With this important project, Versar continues its long-standing tradition of providing quality environmental services to the Air Force. Since 1994, Versar has held eight AFCEE ID/IQ contracts and completed more than 230 individual task orders, spanning installations in Europe, the Middle East, Pacific, and the continental U.S. We look forward to continuing our partnership with the environmental professionals at AFCEE and Tinker Air Force Base to achieve efficient and permanent solutions.” |
