U.S. ARMY CORPS OF ENGINEERS AWARD TREVI USD 39 MILLION CONTRACT FOR HERBERT HOOVER DIKE SEEPAGE CUT-OFF WALL

14 Jul 2008

The U.S. Department of the Army, Jacksonville District Corps of Engineers - Florida has just issued a Notice of Award for Herbert Hoover Dike, Seepage Cut-Off Wall in favor of Treviicos South, Inc. an American subsidiary of Trevi Group. This contract, worth approximately $ 39 mil. to be executed in 18 months, is the third task order issued as part of the five years $ 250 million for the Rehabilitation program of the Dike.

TreviIcos South, was selected with only two other companies (that have been awarded for a part of initial works) as prequalified contractor for the execution of this project. The remaining portion of the works, estimated in $ 170 million will be awarded in the future with further task orders to the successful bidder among these three Companies.

 "It's a great achievement for the Company and Trevi"- says Ricardo Petrocelli, president of TreviIcos - "that will position the Group in a favorable position in the field of the Dam Rehabilitation program, one of the top priority among the Infrastructure spending of the Federal Government in the upcoming years".
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