CHESTERFIELD, MO, Jan. 5, 2009 -- Insituform Technologies Inc. announced that it was awarded an additional $13.3 million in sewer pipe rehabilitation work in the Atlanta, Georgia area. The Company was recently awarded two new contracts with the City of Atlanta in the amounts of $4.8 million, through its joint venture with Metals & Materials Engineers, L.L.C., and $4.5 million, through its joint venture with Imani Environmental Group Inc., respectively. Insituform expects to perform approximately 65,000 feet of small-diameter sanitary sewer lining work under these contracts. Work on these projects is underway and should be completed in September and October 2009, respectively.
In addition, Insituform estimates that an additional $4 million in medium- and large-diameter sanitary sewer lining work will be released under its annual term contract with Dekalb County, Georgia during 2009. The Company will use its Insituform® cured-in-place-pipe (CIPP) technology for each of these projects.
The City of Atlanta contracts are a part of the "Clean Water Atlanta" program created by the City in 2002. Clean Water Atlanta is the City's comprehensive, long-term plan to ensure clean drinking water for Atlanta and clean streams and clean wastewater flows for Atlanta and its downstream neighbors. Through this program, the City of Atlanta expects to spend a total of $3.9 billion for improvements to the City's water and wastewater systems.
"We are excited to continue our work in this area. We look forward to our ongoing relationship with the strong leadership in the City of Atlanta and Dekalb County and assisting them in their commitment to sewer rehabilitation and clean water for the citizens of the area," said Steve Morini, Insituform's General Manager for its Eastern Region.
Insituform Technologies Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water and other underground piping systems without digging or disruption.
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