CET Environmental Services, Inc. awarded Army Corps of Engineers subcontract valued at $27 million.TUSTIN, Calif.--(BUSINESS WIRE)--May 16, 1996--CET ENVIRONMENTAL SERVICES, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (AMEX AMEX See: American Stock Exchange : ENV ENV Environment ENV Envelope ENV Environmental Science ENV Emissions Neutral Vehicle ENV École Nationale Vétérinaire (French) ENV Estimated Net Value ENV European Norm Voluntary ) today announced that the Company is part of a team that has been awarded a $300 million Total Environmental Restoration Contract (TERC TERC Telomerase RNA Component TERC Total Environmental Restoration Contract TERC Technology Education Research Center TERC Turbine Engine Research Center TERC Technical Education Resource Center TERC Tribal Emergency Planning Committee ) by the U.S. Army Corps of Engineers, Omaha District. CET will be a subcontractor to the Stone and Webster Environmental Technology and Services' Denver, Colorado office. CET expects to perform 9 percent of the contract, up to $27 million. Under this 10- year contract (base four years with 2 three year options), CET will provide environmental support (remediation actions) at hazardous waste sites primarily within the military/civil Missouri River Division boundary, which includes Nebraska, Colorado, Wyoming, Montana, North Dakota, South Dakota, Iowa, Minnesota, and Wisconsin. This contract was awarded to the team based on technical excellence and hazardous waste remediation experience. This contract represents the second major contract with the Omaha Corps as CET also was awarded the prime contract for the $25 million Preplaced Remedial Action Contract (PRAC PRAC Practice PRAC Parks and Recreation Advisory Committee PRAC Pacific Rim Advisory Council PRAC Parks and Recreation Advisory Commission PRAC Petroleum Research Atlantic Canada PRAC Prison Reform Advocacy Center PRAC Project Rental Assistance Contract ) in the fourth quarter of 1995. The contract will consist of work at military and other government installations and will require the implementation of a variety of traditional and innovative cleanup technologies. Mr. George Krauter, Program Manager for Stone and Webster, commented, "CET will play a critical role in the performance of this contract. Their role in securing the award and their outstanding field remediation expertise are valuable assets to both Stone and Webster and to the Army Corps of Engineers." CET ENVIRONMENTAL SERVICES, INC. conducts business in environmental remediation, water treatment, construction, and emergency response. The Company has developed a broad range of expertise in technology-based environmental remediation techniques for both the public and private sectors throughout the United States and Latin America. CONTACT: STEVEN H. DAVIS Davis, city (1990 pop. 46,209), Yolo co., central Calif.; settled in the 1850s, inc. 1917. It is an education center with light industry; machinery, processed foods, and computer equipment are produced. The extensive Univ. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. (303) 331 0062 MATTHEW CLAWSON, IR (714) 505-1800 LINDA DECKER, FPR (908) 788-9660 |
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