{"id":399052,"date":"2020-12-14T09:03:30","date_gmt":"2020-12-14T14:03:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=399052"},"modified":"2020-12-14T09:03:30","modified_gmt":"2020-12-14T14:03:30","slug":"gse-wins-two-master-services-agreements-worth-35-million-with-major-us-utility-for-contract-workforce-support","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gse-wins-two-master-services-agreements-worth-35-million-with-major-us-utility-for-contract-workforce-support\/","title":{"rendered":"GSE Wins Two Master Services Agreements Worth $35 Million with Major US Utility for Contract Workforce Support"},"content":{"rendered":"

<\/p>\n

GSE Wins Two Master Services Agreements Worth $35 Million <\/b>with Major US Utility for Contract Workforce Support<\/b><\/p>\n

COLUMBIA, Md.–(BUSINESS WIRE<\/a>)–
\nGSE Systems, Inc. (\u201cGSE Solutions\u201d or \u201cGSE\u201d) (Nasdaq: GVP), a leader in delivering end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that GSE\u2019s Nuclear Industry Training and Consulting (NITC) group was awarded two master services agreements (MSAs) with a combined total worth of $35 million for qualified contracted engineering and staffing support services at a major US utility.\n<\/p>\n

\nThe widening skills gap and aging workforce remain critical challenges for the industry in both the near- and long-term. GSE\u2019s NITC group has held contracts to fulfill the utility\u2019s staff augmentation needs for nuclear professionals since 2011. Known for its elite nuclear expertise, GSE has proved that it can supply a talent force that is diverse and equipped to support all facets of a utility\u2019s personnel requirements. These new contracts expand GSE\u2019s mandate to provide additional support for the customer as needed.\n<\/p>\n

\nThese new contracts will enable GSE to recruit and supply field professionals, engineers, and administrative, operations, scientific, maintenance, and operations support personnel to deliver nuclear and non-nuclear services on projects at a variety of locations including plant and utility offices. These contracts will initially be budgeted at $35 million for two years with two twelve-month optional extension periods.\n<\/p>\n

\n\u201cGSE\u2019s NITC group beat out tough competition to win this award. It is an endorsement of the value this business brings to our utility customers,\u201d said Kyle Loudermilk, President and CEO of GSE Solutions. \u201cGSE\u2019s field experts are respected professionals with years of hands-on experience improving client processes and maximizing plant efficiency.\u201d\n<\/p>\n

\n\u201cWe\u2019ve added key business development executives to GSE\u2019s NITC team and are positioned to capitalize on the next upswing in bidding activity,\u201d said Brian Greene, Vice President of GSE\u2019s Nuclear Industry Training and Consulting division. \u201cOur technical professionals and superior training solutions are second to none.\u201d\n<\/p>\n

ABOUT GSE SOLUTIONS <\/b><\/p>\n

\nWe are the future of operational excellence in the power industry. As a collective group, GSE Solutions<\/b> leverages top skills, expertise, and technology to provide highly specialized solutions that allow customers to achieve the performance they imagine. Our experts deliver and support end-to-end training, engineering, compliance, simulation, and workforce solutions that help the power industry reduce risk and optimize plant operations. GSE is proven, with over four decades of experience, more than 1,100 installations, and hundreds of customers in over 50 countries spanning the globe. www.gses.com<\/a><\/p>\n

\nGSE\u2019s Nuclear Industry Training and Consulting (NITC) group is comprised of GSE Hyperspring and GSE Absolute Consulting, two proven companies with years of experience providing unparalleled levels of specialized staffing and training support.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201214005167\/en\/<\/a><\/span><\/p>\n

Media
\n<\/b>
Sunny DeMattio, GSE Solutions
\n
sunny.dematttio@gses.com
\n<\/a>
P: +1 410.970.7931<\/p>\n

Investors
\n<\/b>
Kalle Ahl, The Equity Group
\n
kahl@equityny.com
\n<\/a>
P: +1 212.836.9614\n<\/p>\n

KEYWORDS:<\/b> Maryland United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Nuclear Energy Utilities<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

GSE Wins Two Master Services Agreements Worth $35 Million with Major US Utility for Contract Workforce Support COLUMBIA, Md.–(BUSINESS WIRE)– GSE Systems, Inc. (\u201cGSE Solutions\u201d or \u201cGSE\u201d) (Nasdaq: GVP), a leader in delivering end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that GSE\u2019s Nuclear Industry Training and Consulting (NITC) group was awarded two master services agreements (MSAs) with a combined total worth of $35 million for qualified contracted engineering and staffing support services at a major US utility. The widening skills gap and aging workforce remain critical challenges for the industry in both the near- and long-term. GSE\u2019s NITC group has held contracts to fulfill the utility\u2019s staff augmentation needs for nuclear professionals since … <\/p>\n

Continue reading “GSE Wins Two Master Services Agreements Worth $35 Million with Major US Utility for Contract Workforce Support”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-399052","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGSE Wins Two Master Services Agreements Worth $35 Million with Major US Utility for Contract Workforce Support - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gse-wins-two-master-services-agreements-worth-35-million-with-major-us-utility-for-contract-workforce-support\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GSE Wins Two Master Services Agreements Worth $35 Million with Major US Utility for Contract Workforce Support - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"GSE Wins Two Master Services Agreements Worth $35 Million with Major US Utility for Contract Workforce Support COLUMBIA, Md.–(BUSINESS WIRE)– GSE Systems, Inc. (\u201cGSE Solutions\u201d or \u201cGSE\u201d) (Nasdaq: GVP), a leader in delivering end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that GSE\u2019s Nuclear Industry Training and Consulting (NITC) group was awarded two master services agreements (MSAs) with a combined total worth of $35 million for qualified contracted engineering and staffing support services at a major US utility. The widening skills gap and aging workforce remain critical challenges for the industry in both the near- and long-term. 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