- H2O Innovation (HEO) has renewed and expanded its largest operations and maintenance contract
- The contract, with the City of Gulfport, Mississippi, is valued at C$55.5M over four years
- The company’s backlog now stands at $131M
- H2O Innovation is a water solutions company focused on providing technology and services, specialty products and operations and maintenance
- H2O Innovation (HEO) is down by 0.41 per cent trading at $2.43 per share
H2O Innovation (HEO) has renewed and expanded its largest operations and maintenance contract.
The contract, with the City of Gulfport, Mississippi, is valued at C$13.9M per year over four years and includes expansion clauses for solid waste collection and fleet management, as well as annual consumer price index adjustments.
Gulfport may extend the contract for up to four renewal periods of two years.
The contract brings H2O’s backlog to $131M.
“We are thrilled to continue our relationship with this very important client who has been working with us since 2011,” stated Frédéric Dugré, H2O’s President and CEO. “The continued success of this project reflects the hard work and dedication of our employees who live our company values and strive every day to deliver award-winning services to our customers.”
H2O Innovation is a water solutions company focused on providing technology and services, specialty products and operations and maintenance.
H2O Innovation (HEO) is down by 0.41 per cent trading at $2.43 per share as of 9:47 am EST.
