BTG Awarded GSA Cost Management Services Contract.Business Editors/High Tech Writers FAIRFAX, Va.--(BUSINESS WIRE)--April 16, 2001 BTG BTG BIT (Built-In Test) Target Generator BTG Bridging the Gap BTG British Technology Group BtG Betreuungsgesetz (Germany) BTG Biomass Technology Group BV BTG Begbies Traynor Group , Inc. (Nasdaq: BTGI), announced that its team has been awarded a contract by the U.S. Government's General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. (GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. ) to provide cost engineering services to federal agencies. The indefinite delivery/indefinite quantity (IDIQ IDIQ Indefinite Delivery, Indefinite Quantity (contracting/procurement) ) contract, which was awarded to BTG and four other prime contractors, has a one-year base period with up to four one-year option periods. BTG's contract has a not-to-exceed value of $5 million per year. BTG's team members include URS URS Yours URS Ultimate Roulette System URS Uniform Reporting System URS User Requirement(s) Specification URS Undergraduate Research Symposium URS Unified Registration Statement URS Undergraduate Research Scholars Group, Inc.; PMA PMA (papillary-marginal-attached), n a system of epidemiologic scoring of periodontal disease devised by Schour and Massler in which the symbols denote the areas involved in gingival inflammation. PMA Progressive muscular atrophy Consultants LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ; Space Management Consultants, Inc.; Robinson & Associates, Inc.; Zaxon, Inc.; and Hughes Associates, Inc. The specialized cost engineering, value engineering and scheduling services offered under the contract will be available to GSA regional offices throughout 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 to all federal agencies that manage design and construction programs. Cost engineering services are used throughout the development and delivery of a project or property, including planning, design, construction, operations, and shutdown. Bill Hunt, the Contracting Officer's Representative in GSA's Atlanta office, said: "These contract awards reflect the culmination of a year of intense planning and positioning, whereby we have successfully obtained the services of the best cost engineering firms around the country." The services that the BTG team will provide under the terms of the contract include: --Development of new guidelines, policies, procedure manuals, training guides, benchmarking and measurement standards and programs; --Development, management, and/or purchase of cost management tools, systems and databases; --Feasibility studies, including economic growth, labor productivity, and projects and programs; --Analyses, including economic, cost-to-benefit, risk management, cost and price, liability, constructability, schedule, and market analyses; --Property condition and cost assessments; cost and price forecasting; development and management of cost and schedule control systems; --Value engineering/value management services and earned value management Earned Value Management (commonly abbreviated and referred to just as EVM) is a project management technique that seeks to measure forward progress in an objective manner. EVM is touted as having a unique ability to combine measurements of technical performance (i.e. systems; --Contract negotiations support; --Resource and activity planning/scheduling; and --Claims management and analyses. BTG Senior Vice President Les Rose, General Manager of the company's Applied Engineering Solutions business unit, said: "In the past ten years, we have delivered cost engineering and estimating services for facilities with a combined construction value of over $10 billion. While most of our customers are agencies of the Department of Defense, with this contract we can offer our planning expertise across the entire federal sector - from courthouses and office buildings to industrial facilities and laboratories." Rose said BTG is well suited to this assignment based on the company's core expertise in cost engineering, and the team's high comfort level in working in the IDIQ environment. "We have formed an exclusive team of proven performers who, like BTG, apply the latest technology and applications in providing leading-edge cost engineering solutions. Together, we hope to assist GSA in establishing a Cost Engineering Center Of Excellence in the federal sector, and look forward to providing these services to an expanded customer base through this partnership with GSA." BTG provides information technology and computer-based engineering services to government and commercial clients. In addition to Cost Management Services, the company's expert practice areas include Enterprise Support Services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services and Network Management, Modeling and Simulation, Technology in Schools, Geographic Information Systems, Mobile Computing, and Client Care Services. Information about BTG is available on the Web at www.btg.com, by e-mail at info@btg.com, or by calling 703-383-8140. "SAFE HARBOR Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and OF 1995: The statements contained in this release that are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by these forward-looking statements. These risks and uncertainties include the amount of work actually to be awarded under any contract or subcontract, dependence on continued funding of U.S. government programs, government contract procurement and termination risks, including risks associated with protests, and other risks described in the Companys Securities and Exchange Commission filings. |
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