Blink Charging Bags Supplier Contract With Sourcewell

Blink Charging Co BLNK has secured a purchasing contract, in the Electric Vehicle Supply Equipment category, from Sourcewell, a government organization that offers contract purchasing solutions. The financial terms of the supplier contract were not disclosed.
Sourcewell's cooperative purchasing program includes more than 400 competitively solicited contracts to government, education, and nonprofit entities.
Utilizing Sourcewell contracts, participating agencies can save time and money by capturing the collective buying power of more than 50,000 organizations.
Blink Charging expects the Sourcewell contract to provide new prospective clients for their products.
Price Action: BLNK shares are trading higher by 3.40% at $29.78 on the last check Tuesday.