Versar (NYSE Amex: VSR) was awarded a new $17.1 million contract from the US Army Corps of Engineers, Middle East District. The Task Force SAFE (Safety Actions for Fire and Electricity) contract focuses on electrical inspections and repairs of facilities used by American personnel in Iraq.
According to the firm, “under this contract, Versar’s managers, engineers, and electricians will ensure all electric and fire protection systems used by US Government personnel in Iraq are operating safely and in compliance with required Electrical codes. The Task Force SAFE contract period will run until August 2011 with provisions for two option periods of five months each.”
“This new award reaffirms the experience Versar has gained in conducting quality assurance and assessment services for the U.S. Government’s reconstruction efforts in Iraq over the past six years, ” CEO Tony Otten said. “Versar has the ability to perform complex technical inspections and repairs in remote and hazardous environments throughout the world.”