InvestorsHub Logo
Followers 481
Posts 13689
Boards Moderated 0
Alias Born 09/29/2006

Re: None

Sunday, 12/27/2009 2:25:18 PM

Sunday, December 27, 2009 2:25:18 PM

Post# of 6308
Hey Guys, I found who the partner is and also found the original study done by Progestic International on Morocco.
It was done back in 2000 with a partner called Laboratoire Public d'Essais et d'Études (LPEE)
Here is the link ...
Look almost at the bottom.
http://74.125.93.132/search?q=cache:pjx-SEw1PswJ:w01.international.gc.ca/MinPub/Publication.aspx%3FisRedirect%3DTrue%26publication_id%3D378112%26Language%3DE%26docnumber%3D260+Morocco+is+becoming+an+important+trading+partner+for+Canada&cd=1&hl=en&ct=clnk&gl=ca


"Progestic International -- A System to Manage Morocco's Building Heritage

Following an international call for tenders, the Moroccan Ministry of Capital Programs has selected Progestic International of Ottawa, Ontario, and the Laboratoire Public d'Essais et d'Études (LPEE) to conduct a study, funded by the World Bank, on the design and establishment of a building heritage management system for the ministries of National Education, Secondary and Technical Education, Advanced Education and Health. This $514 000 study, which will create five jobs in Ontario, is the first phase in the establishment of a system for ensuring the maintenance of the various buildings of these ministries (approximately 20 000 structures). All the maintenance work and the World Bank financing for this purpose could amount to more than $100 million. Progestic and the LPEE have signed a partnership agreement to carry out the study."

So thats when the study was done and now we get this today...

"The Rationalization of Building Assets Management Project is an initiative with a budget of $100 million US. The project will rehabilitate numerous buildings and will also serve to implement a new maintenance management framework ensuring that adequate maintenance is performed on the whole portfolio of buildings.

Spearhead formally Progestic International and our partnered firm designed a Building Maintenance Framework and System for the Government of Morocco. Spearhead assumed the responsibility for all organizational development, building maintenance management and management information systems components of the project."

I think Spearhead will get a very big chunk !!

This funding is for rehabilitating numerous buildings, 20,000 of them !!! and ...
"Spearhead assumed the responsibility for all organizational development, building maintenance management and management information systems components of the project"

Its hiding in plain sight !!

Even if we get 40 million of that contract, thats a buck a share !