Willdan Awarded $13 Million in Energy Service Performance Contracts for Washington School Districts
August 06 2020 - 4:00PM
Business Wire
Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has
been selected by two Washington School Districts – Entiat School
District 127 (Entiat Schools) and Vancouver Public Schools – to
perform a total of $13 million in two design-build projects.
In Entiat Schools, Willdan will improve facility comfort while
also reducing building energy use of a combined high school and
middle school through the replacement of aging packaged rooftop
units with new VRF and DOAS and the redesign and replacement of
roofing and windows. The facilities will also receive an upgrade to
its Building Automation System. These improvements will ensure
easy, accurate temperature control in classrooms and multipurpose
facilities, reducing annual operating and maintenance costs.
“We’ve appreciated Willdan’s turnkey approach to projects,” said
Miles Caples, Superintendent of Entiat Schools. “Their assistance
with public communications helped us to pass a $6 million bond for
our upgrade projects. Willdan’s guaranteed construction cost and
guaranteed savings has given us peace of mind that we can achieve
more comfortable, energy-efficient classrooms with minimal risk on
our end.”
Working closely with Vancouver Public Schools (VPS), Willdan
will perform a full HVAC system redesign and upgrade, single pane
window replacement, and lead abatement at Hough Elementary. The
project also includes replacing a boiler plant with high efficiency
options and controls upgrades at two other elementary schools. The
proposed upgrades will reduce VPS’ maintenance costs, improve air
quality and classroom comfort, eliminate exposure to environmental
toxins, and save energy. This is Willdan’s fourth phase of major
construction work with VPS and is expected to be completed by the
end of 2020.
“These projects mark an expansion in our relationships with K-12
schools in Washington,” said Tom Brisbin, Willdan’s CEO and
Chairman. “We’re pleased to continue growing our geographic
footprint in the Pacific Northwest as more school districts see the
advantage in Willdan’s turnkey approach and become long-term
partners.”
About Entiat School District 127 (Entiat Schools)
Entiat Schools is a public school district located in Entiat,
WA. It provides students with the necessary knowledge, skills, and
attitudes to be productive and responsible citizens. It has 300+
students from grades pre-K through 12. For more information, visit
www.entiatschools.org or follow Entiat Schools on Facebook.
About Vancouver Public Schools (VPS)
Formed in 1852, VPS is a
school district in Vancouver, WA. Its mission is to provide an
innovative learning environment that engages and empowers each
student to develop the knowledge and essential skills to become a
competent, responsible, and compassionate citizen. It educates
23,500 students across 21 elementary schools, six middle schools,
and five high schools. For more information visit
www.vansd.org or follow VPS
on Facebook,
Twitter,
YouTube, or
Instagram.
About Willdan
Willdan is a nationwide provider of professional technical and
consulting services to utilities, government agencies, and private
industry. Willdan’s service offerings span a broad set of
complementary disciplines that include electric grid solutions,
energy efficiency and sustainability, engineering and planning, and
municipal financial consulting. For additional information, visit
Willdan's website at www.willdan.com.
Forward-Looking Statements
Statements in this press release that are not purely historical,
including statements regarding Willdan’s intentions, hopes,
beliefs, expectations, representations, projections, estimates,
plans, or predictions of the future are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. The forward-looking statements involve risks and
uncertainties including, but not limited to, the risk that Willdan
will not be able to reduce costs and preserve liquidity to maintain
its operations during the continuation of this pandemic nor be able
to resume its growth trajectory once pandemic-related restrictions
are lifted and the economy begins to recover. It is important to
note that Willdan’s actual results could differ materially from
those in any such forward-looking statements. Factors that could
cause actual results to differ materially include, but are not
limited to, the ultimate impact of the COVID-19 pandemic on
Willdan’s results, prospects, and opportunities; Willdan’s ability
to adequately complete projects in a timely manner; Willdan’s
ability to compete successfully in the highly competitive energy
efficiency services market; changes in state, local, and regional
economies and government budgets; Willdan’s ability to win new
contracts, to renew existing contracts, and to compete effectively
for contract awards through bidding processes; and Willdan’s
ability to successfully integrate its acquisitions and execute on
its growth strategy. Willdan’s business could be affected by a
number of other factors, including the risk factors listed from
time to time in Willdan’s reports filed with the Securities and
Exchange Commission, including, but not limited to, the Annual
Report on Form 10-K filed for the year ended December 27, 2019.
Willdan cautions investors not to place undue reliance on the
forward-looking statements contained in this press release. Willdan
disclaims any obligation to, and does not undertake to, update or
revise any forward-looking statements in this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20200806006056/en/
Stacy McLaughlin Chief Financial Officer 714-940-6300
smclaughlin@willdan.com Al Kaschalk VP Investor Relations 310-922-5642 akaschalk@willdan.com
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