EMCOR Group Inc
) subsidiary, EMCOR Government Services, recently procured a
contract for an undisclosed amount to operate and maintain the
new headquarters of Coast Guard at the Government Service
Administration's(GSA) St. Elizabeth's Campusin Washington,
Coast Guard is a division of the United States Armed Forces
and provides maritime, military multi-mission service. Moreover,
the GSA is a part of an independent agency of the United States
government and helps in managing and supporting the basic
functioning of federal agencies.
As per the agreement, EMCOR Government Services is expected to
manage the operation and maintenance of 23 facilities at the new
Coast Guard Headquarters. EMCOR's subsidiary will also be working
on preventive maintenance and reactive service orders at the
facilities, which occupy a vast area of approximately 2.6 million
GSA-approved and security cleared, EMCOR Government Services
provides solution for critical needs of federal, state, local and
other government organizations. The company has two operating
divisions - Integrated Facilities Management & Maintenance
EMCOR Government Services believes that it has the relevant
expertise to comprehensively operate and maintain services for
the Coast Guard and the recent contract win will stand in good
stead to strengthen its long-standing business ties with it.
EMCOR is a leader in mechanical and electrical construction,
energy infrastructure, and facilities services.
EMCOR currently carries a Zacks Rank #2 (Buy). Some other
stocks within the industry worth mentioning include
Chicago Bridge & Iron Company N.V
Dycom Industries Inc
Comfort Systems USA Inc
), each holding a Zacks Rank #1 (Strong Buy).
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