Post by
profitprophet1 on Jun 23, 2022 8:27am
Backlog continues to increase, now 131.5M
QUEBEC CITY, June 23, 2022 (GLOBE NEWSWIRE) -- H2O Innovation Inc. (H2O Innovation or the Corporation) is proud to announce that it has recently renewed the operation, management and maintenance (O&M) contract with Monroe County, Georgia, USA, for an additional period of five years. This contract, valued at $3.3 M, brings the Corporations O&M backlog to $131.5 M. This renewal includes annual consumer price index (CPI) increases and the addition of one employee. Monroe County is a long-time customer of H2O Innovation and is considered one of the fastest growing communities in central Georgia, now serving over 3,800 customers. The team in charge of this contract worked diligently to manage this growth, which allowed the Corporation to renew, once again, the O&M contract for this municipality. We are delighted with this O&M contract renewal in Monroe County, which strengthens our presence in the State of Georgia, where we also have three other customers. From repairing water leaks to maintaining the distribution system, our team has made the difference with its unparalleled customer service, said Frdric Dugr, President and Chief Executive Officer of H2O Innovation.
Comment by
Possibleidiot01 on Jun 23, 2022 8:54am
"This renewal includes annual consumer price index (CPI) increases"