Ameresco Awarded Share of $355M Government Repair Contract.Energy Editors/Business Editors CHARLOTTE, N.C.--(BUSINESS WIRE)--Jan. 14, 2003 AmerescoSolutions, Inc., the Charlotte-based federal operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of Ameresco, Inc., has been contracted to provide quick response services for facility repair, renovation, conversion, construction, and maintenance services for government installations and facilities worldwide. AmerescoSolutions is one of six companies selected to participate in the Facility Repair and Renewal contract which has a total value of $355 million per year with options to renew for an additional four years. Under the contract awarded by the U.S. Army Corps of Engineers, AmerescoSolutions will survey problem areas, evaluate and recommend solutions, and develop and implement work plans to meet the needs of government installations in multiple functional areas including architectural, civil, electrical, environmental, mechanical, structural, systems, cost, and safety. "Our commitment to technical and execution excellence makes us the right fit to help the government achieve its quick response facility repair needs," said Robert Payne Robert Payne is a name that may refer to:
The contract applies to various Department of Defense installations and facilities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and overseas, the National Guard, certain federal agencies, and state and local governments on a case specific basis. The U.S. Army Engineering and Support Center, Huntsville, Alabama Huntsville is the county seat of Madison County, Alabama. Huntsville is the largest city in northern Alabama in a region of a half-million people, with the city proper having 168,132 residents (2006 estimate). , will administer the contract. AmerescoSolutions, the former DukeSolutions subsidiary of Duke Energy, currently provides comprehensive energy efficiency services to federal facilities throughout the United States as part of seven Energy Service Performance Contracts (ESPC ESPC Energy Savings Performance Contract ESPC Equality State Policy Center ESPC Edinburgh Solicitors Property Centre (Scotland) ESPC E-Mail Service Provider Coalition ESPC European Space Power Conference ) with the Department of the Army and Department of Energy valued at $1.2 billion. Ameresco, headquartered in Framingham Framingham (frā`mĭnghăm'), town (1990 pop. 64,994), Middlesex co., E Mass., on the Sudbury River between Worcester and Boston; settled 1650, inc. 1700. , MA, is an independent energy solutions company delivering long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. customer value through innovative systems, strategies, and technology. |
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