State of Illinois intends to award a vehicle inspection contract to Opus Inspection
Opus Inspection, Inc. has received a notice of intent to award a contract to provide Vehicle Emissions Testing services from the Illinois Environmental Protection Agency (IEPA). Negotiations are expected to last 45 days or more before official contract signing. The term of the contract is expected to be for 9 years.
In its public notice, the IEPA said, “The Agency intends to award a contract to Opus Inspection, Inc. for an estimated value of $125,000,000. It is the determination of the Agency that Opus Inspection, Inc. has been deemed to be responsive and the most advantageous to the state through a combination of technical evaluation and price.”
“We are very pleased that IEPA has issued a notice of award to Opus Inspection to be its future contractor,” said Lothar Geilen, President and CEO of Opus Inspection. “We proposed our latest, advanced technologies, which will provide the State of Illinois with a highly reliable, customer convenient program for years to come.”
Mölndal, May 22, 2014
Opus Group AB (publ)
For additional information, please contact
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se
Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se
About Opus Group
Opus Group is a leading company in vehicle inspection technology and vehicle inspection program operations. The Group has two main business areas which are vehicle inspection and equipment. Opus Group is one of the market leaders in vehicle inspection operations in the US and Sweden. Opus Bilprovning has 73 vehicle inspection stations in Sweden. Opus Inspection operates vehicle inspection programs in the U.S., Bermuda, and Peru and is active in sales and service of emission control equipment in North America and Mexico. Through the subsidiaries, Opus Equipment and J&B Maskinteknik, Opus Group conducts production, sales, and service of vehicle inspection equipment for vehicle inspection companies and vehicle workshops. Opus Group’s revenues amounted to approximately SEK 1,047 million in 2013. Opus Group’s shares are listed on Nasdaq OMX Stockholm.
FFFS 2007:17 (10 kap 11§) (SFSA rules) - The information in this press release is published in accordance with the rules in the law (2007:528) under the Securities Market Act (2007:528).