A previous version of this story indicated the BluMetric anticipated revenues of more than $1 million per each year of the contract. A retraction from the company clarified it was unable to make these precise estimates, nor anticipate costs associated with these revenues.
The federal government is turning to BluMetric Environmental (TSX-V:BLM) in its efforts to remediate contaminated sites in Canada’s northern territories, locking down a four-year, $4.5-million contract with the Ottawa cleantech firm.
The contract is a standing order for consulting services in the remediation of contaminated sites across the Yukon, Northwest Territories and Nunavut. The federal government’s tender notice states that the firm will be called upon to consult on various projects as needed. BluMetric initially said it anticipated specific revenues in each year of the contract, but has since retracted those estimates, saying it is unable to give accurate information on per-year revenues and associated costs.
BluMetric has previously won contracts for northern environmental consulting, landing $2.2 million to design water treatment systems in 2016 and $3.45 million for environmental site assessments in 2015.
In a release, BluMetric’s director of government services Wayne Ingham said the contract was the result of the expertise and reputation that the company has built in the north.
"BluMetric is well-known for its strong innovative and responsive approach to uniquely challenging conditions, especially in Canada's north and in the face of the effects of climate change in the permafrost regions of our country,” Mr. Ingham said.
BluMetric also announced today the departure of Jim Hotchkies, senior vice-president of business and growth development. A release stated that his responsibilities will be distributed amongst other senior officials.
"Jim was brought on board at BluMetric to extend our international partnerships and provide leadership in the changing water systems sector… He generously shared his contacts and relationships in the fulfilment of these goals and for that I personally thank him. The organization wishes him well in his future endeavours," said BluMetric CEO Roger Woeller in a statement.