Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, today announced it has received a new contract from a government contractor to refurbish 19 container modules to be used by a major U.S. government agency.
David Cross, Vice President of Business Development at Safe and Green Holdings, remarked, "We are pleased to report that our client, a premier government contractor, has selected Safe and Green Holdings to refurbish these modular units for an important, undisclosed agency within the U.S. government. Our enduring partnership with this contractor and their end customer is a source of pride, and we have now been selected to refurbish 19 modular units we initially built for them. The refurbishment will take place at our Durant, Oklahoma facility, and the refurbished modules will be delivered to a government facility in Virgina. This ongoing collaboration is a further testament to the exceptional quality of our products as well as our proficiency in modular construction."
The contract is valued at more than $300,000 and the units are expected to be delivered in May of 2024.