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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Post by stockpickmanon Nov 07, 2016 1:59pm
145 Views
Post# 25433289

connections

connectionsif anyone thinking TMG does not have a chance to do work for government, maybe think again, does anyone on this board realize Johnson Controls manages all of the Governments building across Canada.....Prone , I think TMG has affiliations with Johnson Controls, right ? .... lol On November 7, 2014, following a full competitive procurement process, PWGSC announced the awarding of six multi-year contracts to Brookfield Johnson Controls Canada LP for the delivery of diverse real property services, including the management of approximately 3,800 Crown-owned and leased buildings and assets across Canada (8 million m). On November 7, 2014, following a fair, open and transparent procurement process, Brookfield Johnson Controls Canada LP was awarded six multi-year contracts for the provision of property management services, project delivery services, lease services and optional related real property services across Canada. The initial contracts are for a period of up to eight years, at a total cost not to exceed $9.559 billion. The contracts include options to extend the period by three additional two-year options. The total potential value of the six contracts, including all optional services and all option years, is $22.8 billion. Due to the nature of the work, many small and medium enterprises across the country will have access to the work through thousands of competitive subcontracting opportunities offered by the contractor. The contracts include a requirement that the contractor engage subcontractors through fair, open, transparent and competitive processes. In fact, about 50 per cent of the total value of the contracts will be subcontracted.
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