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US energy buyer, GSA awards five year contract to World Energy

10 Sep 2010

Source:  Market Watch


World Energy Solutions this week announced it has won a major, multi-year contract with the General Services Administration (GSA). The contract provides supply-side energy procurement and management services to the GSA's Energy Division for its extensive network of US federal government agencies. Beginning October 1, 2010 and running through September 30, 2015 -- with an option for an additional five-year renewal -- the new contract is one of the most important in World Energy's history.

Over 30 federal agencies depend on GSA's Energy Division to help them purchase energy commodities, execute energy strategy, and make sense of the continually changing energy landscape. This makes GSA, which manages more than 11 percent of the Federal government's total procurement dollars, one of the largest energy buyers in the U.S.

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