Aegion Corporation Awarded $6.9 Million Two-Year Wastewater Pipeline Rehabilitation Contract in Miami-Dade County
ST. LOUIS, MO (STL.News) Aegion Corporation (NASDAQ:AEGN) today announced that its subsidiary, Insituform Technologies, LLC, has been awarded a two-year term contract valued at $6.9 million from Miami-Dade County in Florida. The contract includes an option for the county to renew for an additional two years on a yearly basis.
Insituform will receive several work releases beginning in late 2019 and expects to rehabilitate more than 26 miles of 8- to 36-inch diameter wastewater pipelines using Insituform® cured-in-place pipe (CIPP) throughout the county over the two-year period.
Charles R. Gordon, Aegion’s President and CEO, said, “Insituform has held the annual contract for CIPP in Miami-Dade for the past four years and has completed a majority of the CIPP installation work in the area for the past five years. We are pleased to continue to work with the county and remain committed to operational excellence without compromising safety.”