Market Overview

Liquidity Services Receives Follow-On Contract from US Defense Logistics Agency

Liquidity Services (NASDAQ: LQDT) today announced that it has been awarded a follow-on contract by
the U.S. Defense Logistics Agency (DLA) to extend the terms of its
current Surplus Contract for the disposition of usable surplus property
from the U.S. Department of Defense. Under the follow-on contract, which
commences February 14, 2014, Liquidity Services' performance period has
been extended by a base term of 10 months with two one-month additional
option periods. All other terms, including pricing, will remain
consistent with the prior Surplus Contract.

See full press release

Posted-In: News Guidance Contracts Management Global

 

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