CLIFTON, NJ -- (Marketwired) -- 07/30/13 --
Electronic Control Security, Inc. (OTCBB: EKCS) (ECSI), a global leader in state-of-the-art integrated entry control and perimeter security systems, today released an update on its contract award activity.
Arthur Barchenko, President & CEO, stated that "we are confident in the government sector over the next five years based on the contracts that have been awarded and now appear to be finally moving forward."
On July 10, 2013, ECSI received notice that its prime contractor, ITSI Gilbane Company, on an Access Control Point (ACP) Design-Build bid was awarded a prime contract by the U.S. Army Corps of Engineers valued up to $230 million. The prime contract includes a 24 month base period of performance and three 12-month options. ECSI is awaiting subsequent task orders. As a small business, ECSI will have the opportunity to bid on a small business percentage goal of 51.43% of planned subcontracting dollars that the prime contractor has allocated under this contract. During the base period, $7,200,000 is planned to be subcontracted to ECSI and the other small business on the team. For Option Year 1, 2 and 3 respectively, $3,600,000 is planned to be subcontracted to ECSI and the other small business on the team. ECSI's performance scope, dependent on task orders, will include site surveys, design and engineering, procurement and fabrication, integration, factory acceptance testing, installation supervision, commissioning, training, and depot level support.
Mr. Barchenko further stated, "On July 19, 2012, VT Milcom was awarded a prime contract under the SPAWAR National Capital Region (NCR) Security Engineering Support contract. ECSI is a subcontractor to VT Milcom on this contract. On July 16, 2013, ECSI participated in a site survey as part of a task order bid under this contract. If the task order is awarded to VT Milcom, ECSI will be responsible for site surveys, recommendation reports and installation design packages."
Prior to the NCR award, ECSI was awarded a SeaPort-e prime contract for a wide range of engineering, technical and programmatic services and solutions. Functional areas may include: Engineering, System Engineering and Process Engineering Support; Prototyping, Pre-Production, Model-Making, and Fabrication Support; System Design Documentation and Technical Data Support; Configuration Management (CM) Support; Quality Assurance (QA) Support.
As previously announced on October 24, 2012, ECSI received a contract worth up to $7.8 million to supply security systems and support services for the U.S. Navy. The contract includes a 5-year period of performance. Anticipated task orders include requirements for electronic security systems (access control systems, intrusion detection systems, surveillance systems, command and control equipment) and support services (design and engineering, fabrication and assembly, systems integration, testing and training, logistics and maintenance support).