Subsidiary Obtains Term Contract with $750,000 Budget Ceiling
CRYSTAL SPRINGS, Fla., July 28, 2016 (GLOBE NEWSWIRE) -- CES Synergies, Inc. (OTC:CESX) is pleased to announce that its subsidiary, Cross Environmental Services, Inc. (CES), has received a contract and begun to provide remediation services on various projects located throughout Southeastern Florida at the request of the Florida Department of Transportation (FDOT), District IV. The contract duration is anticipated to run to April 30, 2021, and currently has a budgetary ceiling of $750,000.00.
The project requires CES to provide asbestos abatement services throughout District IV, which includes Broward, Palm Beach, Martin, St. Lucie and Indian River counties. The contract also provides for services in Miami-Dade County along the South Florida Rail Corridor (CSX) right-of-way.
“We’re very pleased to continue our relationship with the Florida Department of Transportation, District IV, which is a perfect complement to the work we have done and continue to do with FDOT throughout many of its districts in Florida,” Mr. John Tostanoski, CEO of CES Synergies. “We believe contracts with large government agencies send a signal to the market that we are both prepared and capable of providing unique and efficient solutions at all scale of need.”
About CES Synergies:
CES Synergies, Inc., through its subsidiary, Cross Environmental Services, Inc. , is a specialty environmental services company providing quality environmental contracting solutions, demolition and remediation services to commercial and industrial customers, as well as federal, state and municipal entities. More information may be found at the Company’s website: www.crossenv.com
This release contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934, and are made in reliance upon the protections provided by such Acts for forward-looking statements. We have identified forward-looking statements by using words such as "expect," "believe," and "should." Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties that are beyond our control, and these statements may turn out not to be true. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form SEC filings.
Company Contact: John Tostanoski, President CES Synergies, Inc. (813) 783-1688Source: CES