NORWALK, CONNECTICUT, March 4, 2010 - EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses, announced that its EMCOR Energy Services, Inc. unit was recently awarded a nationwide Blanket Purchase Agreement (BPA) to provide comprehensive energy services for the General Services Administration (GSA). EMCOR Energy Services was one of 19 organizations to be awarded a BPA by the GSA, one of the world's largest building managers.
The services of EMCOR Energy Services—from energy management and planning, to commissioning and innovations in energy — may now be contracted under a BPA, which provides a simplified means for federal agencies to acquire comprehensive professional energy services to make their properties more energy efficient. Using BPAs, federal agencies can save time and money by reducing the administrative burden of contract management, thereby being able to undertake money saving building optimization and energy efficiency projects faster. With EMCOR's locations in all 11 GSA regions and authorization to work through the GSA under all 11 Energy Special Item Numbers (SINS), regardless of where federal agencies' facilities are located, or the number of properties involved---and no matter what energy services are required---projects can be started more quickly and through a single source.
"EMCOR Energy Services is very proud to have been chosen to help 'green' our nation's infrastructure. With an expert staff of LEED Accredited Professional engineers, we are well qualified to help build America's green future," stated Art Strenkert, President, EMCOR Energy Services. "We look forward to partnering with federal agencies to optimize and transform their facilities into high performance, energy efficient buildings."
Under the American Recovery and Reinvestment Act of 2009, the government earmarked funds to enable federal agencies to pursue "green" initiatives in compliance with the Energy Independence and Security Act of 2007 (EISA), Executive Order 13423, and the Federal Leadership in High Performance and Sustainable Buildings Memorandum of Understanding (2006). The GSA designed the Comprehensive Energy Services BPA to assist federal agencies in meeting the standards set forth in the various legislation, converting the government's portfolio of facilities into "high performance green buildings."
A Fortune 500 company with estimated 2009 revenues of $5.5 - $5.6 billion, EMCOR Group, Inc. (NYSE: EME) is a global leader in mechanical and electrical construction, energy infrastructure, and facilities services. A leading provider of critical infrastructure systems, EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating, maintaining, and protecting the sophisticated and dynamic systems that create facility environments---such as electrical, mechanical, lighting, air conditioning, heating, security, fire protection, and power generation systems---in virtually every sector of the economy and for a diverse range of businesses, organizations and government. EMCOR represents a rare combination of broad reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations. The 25,000 skilled employees of EMCOR have made the company, in the eyes of leading business publications, amongst the "World's Most Admired" and "Best Managed". EMCOR's diversity---in terms of the services it provides, the industries it serves and the geography it spans---has enabled it to create a stable platform for sustained results. The Company's strong financial position has enabled it to attract and retain among the best local and regional talent, to undertake and complete the most ambitious projects, and to redefine and shape the future of the construction and facilities services industry.
MEDIA:
This release may contain certain forward-looking statements within the meaning of the Private Securities Reform Act of 1995. Any such comments are based upon information available to EMCOR management and its perception thereof, as of this date, and EMCOR assumes no obligation to update any such forward-looking statements. These forward-looking statements may include statements regarding market opportunities, market share growth, gross profit, backlog mix, projects with varying profit margins, and selling, general and administrative expenses. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Accordingly these statements are no guarantee of future performance. Such risk and uncertainties include, but are not limited to, adverse effects of general economic conditions, changes in the political environment, changes in the specific markets for EMCOR's services, adverse business conditions, availability of adequate levels of surety bonding, increased competition, unfavorable labor productivity and mix of business. Certain of the risks and factors associated with EMCOR's business are also discussed in the Company's 2008 Form 10-K, its Form 10-Q for the third quarter ended September 30, 2009, and in other reports filed from time to time with the Securities and Exchange Commission. All these risks and factors should be taken into account in evaluating any forward-looking statements.
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CONTACT:
Mava Heffler
Vice President, Marketing & Communications
203-849-7814
Linden Alschuler & Kaplan, Inc.
Suzanne Dawson/Cecile Fradkin
212-575-4545
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