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GSE Wins Two Master Services Agreements Worth $35M

Source: www.gulfoilandgas.com 12/14/2020, Location: North America

GSE Systems, Inc., a leader in delivering end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that GSE’s 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’s NITC group has held contracts to fulfill the utility’s 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’s personnel requirements. These new contracts expand GSE’s mandate to provide additional support for the customer as needed.

These 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.

“GSE’s NITC group beat out tough competition to win this award. It is an endorsement of the value this business brings to our utility customers,” said Kyle Loudermilk, President and CEO of GSE Solutions. “GSE’s field experts are respected professionals with years of hands-on experience improving client processes and maximizing plant efficiency.”

“We’ve added key business development executives to GSE’s NITC team and are positioned to capitalize on the next upswing in bidding activity,” said Brian Greene, Vice President of GSE’s Nuclear Industry Training and Consulting division. “Our technical professionals and superior training solutions are second to none.”

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