in Uncategorized

#Opus: Succeeds with complaint in Missouri

logo

Vehicle inspection specialist Opus announced this morning that the State of Missouri, Division of Purchasing and Materials Management, has stated that, due to the ambiguity of the published evaluation criteria, Purchasing will cancel the award of RFP B2Z15024 and rebid to obtain the required services.

As the incumbent contractor for the Gateway Vehicle Inspection Program (GVIP) in Missouri, we are committed to the continuation of the program and supporting our Missouri customers, said Jim Sands,President of Opus Inspection: “We look forward to participating in the next procurement when it is issued.”

Opus Inspection annually manages 1,100,000 inspections in the GVIP counties in and around St. Louis. The company supports inspection equipment in approximately 800 independent inspection stations. Opus Inspection has been the GVIP contractor since 2007.

In a comment to Swedish news agency Nyhetsbyrån Direkt, Opus CEO Magnus Greko states that the announcement concerns Missouri’s procurement of vehicle inspection, a contract which was given to Opus’ competitor Worldwide. In connection with its Q2 2015 report, Opus stated that it had protested against the decision, which has now led to the re-start of the procurement process which the company estimates to take 1-2 years. Until a new decision has been made, Opus will continue to hold the contract.

Says CEO Greko: “We believe that our chances to regain the contract are good: the company that holds the contract always has an advantage compared to the competitors, since you know all the parameters.” The CEO continues by saying that he is happy about the communicated development of events.

The Missouri contract is of medium size, according to CEO Greko, with revenues of around USD 3,5m per year. Without commenting on the specifics, Greko says that profitability is above the usual 25-30% since the contract is in its final stages.

Nordic Investor

Related Posts

What is your opinion? Let us know