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Abtech Holdings Inc Secures Stormwater System Installations Totaling $12 Million Dollars


Tuesday, 2 Jul 2013 02:04pm EDT 

Abtech Holdings Inc announced that it has been awarded a project for the installation of stormwater systems in the U.S. Northeast. The award gives AbTech a complete Design-Build-Operate project to install new water treatment systems in multiple stormwater outfall pipes that are discharging contaminated water. The project, which commences during summer 2013, is structured as a not-to-exceed $12 million, multi-phase program consisting of site assessment and design, installation, and ongoing Operations and Maintenance (O&M). It is anticipated that all design, construction and installation would be completed within the first year with O&M currently authorized for the remainder of the three-year project term. However, such O&M is extendable beyond the initial three-year term. The project may also be increased to include additional sites under the existing authorization, expanding the scope and size of the project award. 

Company Quote

0.3175
0.0076 +2.45%
19 Dec 2014