PITTSBURGH, Pa. - August 7, 2007 - GENCO today announced that its subsidiary, GENCO Infrastructure Solutions, Inc. (GIS) was notified by the U.S. Army Contracting Agency, that after a challenge to the initial contract award, it was selected by the Department of the Army to provide base operations and maintenance support at Fort Lee, Virginia. The contract has a base period of one year plus four one-year options and is valued at $63.3 million. GIS commenced work on August 1, 2007.
Fort Lee is situated on 5,500 acres in Virginia and has a combined 7,200 military and civilian population. It is the home of the Army Combined Arms Support Command, which is responsible for the development and evaluation of combat service support and logistics concepts, doctrine, and planning factors for the Army.
Under the contract, GIS will manage all activities and perform supply operations, transportation and equipment maintenance while its subcontractor, Advanced Federal Services, will perform facility, housing, roads, grounds and utilities maintenance.
John McGonigle, president of GIS, said, "We are very pleased to be selected by the Department of the Army. Serving as the prime contractor for this important award will allow us to demonstrate our diverse operational knowledge and commercial best practices in support of this valued customer."
About GENCO Supply Chain Solutions
GENCO Supply Chain Solutions is North America's largest U.S.-based and a Global Top 50 third-party logistics provider and the recognized leader in Reverse Logistics. The company manages over 130 operations and 37 million square feet of warehouse space throughout North America for a diverse range of retail, manufacturing and government customers. The company provides initial and ongoing value through a complete range of solutions, including contract logistics, transportation logistics, parcel negotiation and audits, reverse logistics, damage research, product liquidation, pharmaceutical services, government solutions and supply chain technology solutions. For more information, visit www.genco.com.