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TeamStaff Lands Naval Contract

July 05, 2011

TeamStaff Inc. (NASD: TSTF), a logistics and healthcare services provider to the federal government, announced that its subsidiary, TeamStaff Government Solutions, received an indefinite-delivery/indefinite-quantity prime contract award from the Naval Surface Warfare Center, Dahlgren Division.

“This is a significant achievement for TeamStaff GS and allows us access to bid on approximately $5.3 billion dollars of services being procured per year via task orders issued under the SeaPort-e program,” said TeamStaff CEO Zach Parker. SeaPort-e is the Navy's electronic platform for acquiring support services.

The award includes a three-year base period and a five-year award term that will be contingent on periodic performance reviews.