fredugsi
14年前
BIG CONTRACT ANNOUNCEMENT!!!!
TeamStaff Awarded Navy SeaPort-e Prime Contract
Somerset, New Jersey - July 5, 2011 -- TeamStaff, Inc. (Nasdaq: TSTF), a leading logistics and healthcare services provider to the Federal Government, announced today that its subsidiary, TeamStaff Government Solutions, has received an Indefinite-Delivery/Indefinite Quantity (ID/IQ) prime contract award from the Naval Surface Warfare Center, Dahlgren Division. This contract will allow TeamStaff to compete for prime Task Orders issued under SeaPort-e's Multiple Award Contract vehicle.
"This is a significant achievement for TeamStaff GS and allows us access to bid on approximately $5.3 billion dollars of services being procured per year via task orders issued under the SeaPort-e program" said Zach Parker, CEO and president of TeamStaff, Inc. This strategic win is a top priority ID/IQ for Navy work in our Logistics and Technical Services line of business."
The award includes a three-year base period and a five-year award term that will be contingent on periodic performance reviews. Under the program, task orders are assigned to one of seven regional zones of performance, and the subset of companies with valid contracts for that particular zone can compete for individual task orders within the relevant zones.
fredugsi
14年前
Notice that on 3/31/11, a director bought 50K shares of TSTF at $0.49. Then notice the contract they just received and see where the stock is. FYI, Mr. Black is an employee of Wynnefield Capital, the largest institutional holder of TSTF.
03/31/2011 BLACK, PETER Director Private Buy 102,041 $0.49 50.0K 132,791
05/17/2011 Press Release
Somerset, New Jersey — May 17, 2011 — TeamStaff, Inc. (Nasdaq: TSTF), a leading logistics and healthcare services provider to the Federal Government, primarily within the Departments of Defense and Veterans Affairs, announced today that its primary operating subsidiary TeamStaff Government Solutions, Inc. “TeamStaff GS” has been awarded a single source Blanket Purchase Agreement (“BPA”) for the procurement of integrated medical support for the Department of Veterans Affairs’ Consolidated Mail Outpatient Pharmacy (“CMOP”) program. The tasks to be performed include pharmacy and pharmacy technician services in support of pharmacy production management. The maximum total value under this award is expected to be approximately $140,000,000 against the Company’s Federal Supply Schedule, Professional and Allied Healthcare Staffing Services GSA VA V797P-4348a and pursuant to site-specific task orders expected to be rendered by the VA.