Federal Energy and Water Management awards contract to GSA, World Energy, Leidos

The US General Services Administration Energy Division said it has received a 2013 Federal Energy and Water Management Award for its demand response auctions, a project administered by World Energy Solutions (NASDAQ: XWES) and Leidos (NYSE: LDOS).

In January 2012, the GSA Energy Division, World Energy and Leidos ran the first forward auctions for demand response services by a Federal agency. The contracts awarded as a result of these auctions are expected to generate revenues of at least USD1.5m for the GSA and Department of Veterans Affairs, which can be re-invested into further energy efficiency and facility improvement projects.

The award specifically names GSA´s Linda Collins and Daniel Morrison, World Energy´s Luke McAuliffe, and Leidos´ Chris McCall for their work on the project.

World Energy Solutions is an energy management services firm. World Energy is also a leader in the global carbon market, where its World Energy Exchange supports the Regional Greenhouse Gas Initiative, the first mandatory market-based regulatory program in the US to reduce greenhouse gas emissions. For more information, visit www.worldenergy.com.

Leidos is a science and technology solutions leader headquartered in Reston, Va. For more information, visit www.Leidos.com.