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Parsons Corp (NYSE:PSN) – Parsons team raises $160 million – Press Release

CENTREVILLE, Va., Sept. 08, 2022 (GLOBE NEWSWIRE) — Parsons Corporation PSN announced today that the company has been selected to continue providing Enterprise Construction Management (ECMS) services to the Department of Energy (DOE) and the National Nuclear Security Administration (NNSA) under a $160 million Blanket Purchase Agreement (BPA). The BPA includes a one-year base period with four optional years and is the company’s third consecutive ECMS contract in support of the organization’s national defense and security missions.

“Our engineering and environmental efforts are proud to have served our DOE and NNSA customers for nearly 75 years,” said Jon Moretta, President, Engineered Systems at Parsons. “We are committed to continuing to provide the trusted services and expertise our federal customers and their contractors rely on to meet mission-critical needs that support national security.”

Services available under this Contract Order Agreement include professional and technical offerings that support the operational needs of DOE and NNSA projects worldwide, including strategic planning for technology programs and activities; concept development and requirements analysis; system, design, engineering and integration; testing and assessment; integrated logistics support; acquisition and lifecycle management; and construction management and engineering consulting services.

The strategic, single-source nature of this BPA provides streamlined access to program or project support services provided by Parsons-led team, which includes Augur Consulting, Crawford Consulting Services, JGMS Government Services and Longenecker and Associates. Any DOE or NNSA office, site, program or project may receive services using the ECMS contract.

Parsons has supported and provided design for the Department of Energy and its predecessor organizations since 1948; construction and project management; and operational, technical and managerial support services….

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