SPRINGFIELD, Va., Oct. 9, 2014 /PRNewswire/ -- Versar, Inc. (NYSE MKT: VSR) announced today that its wholly-owned subsidiary, J.M. Waller Associates, has been awarded a $2.6 million prime contract from the U.S. General Services Administration to provide Construction Management as Agent (CMa) Services for the new U. S. Department of State Federal Office Building in Charleston, South Carolina. The contract includes design support services, demolition and remediation services, site improvements, and construction of an approximate 120,000 GSF facility. The contract is a single award with a two-year period of performance.
Tony Otten, CEO of Versar said, "We are excited to have this opportunity to work with U. S. Department of State and U. S. General Services Administration and are confident that our team's capabilities are well matched to the project's requirements. This win underscores the strategic value of our acquisition of J.M. Waller."
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.
VERSAR operates the corporate web sites, www.versar.com, and www.versarpps.com, and www.jmwaller.com.
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 27, 2014, 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: |
David Gray |
John Nesbett or Jennifer Belodeau |
Director of Financial Reporting |
Institutional Marketing Services (IMS) |
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Versar, Inc. |
(203) 972-9200 |
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(703) 642-6888 |
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SOURCE Versar, Inc.
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