Whitestone awarded $1.4 million
DOE Contract for the Parametric Estimation of Deferred Maintenance at Eight National Laboratories
Santa
Barbara, CA – July
28, 2004 – Whitestone
Research Corporation has been awarded
a
Department of Energy (DOE) contract
for the parametric estimation of
deferred maintenance at eight sites
administered by the National Nuclear
Security Administration. The award
follows a demonstration project
in which Whitestone's MARS™ cost
forecast system was used to estimate
deferred maintenance at Lawrence
Livermore National Laboratory.
MARS™ estimates were within
6 percent of the actual costs determined
by facility inspectors, and more
accurate than a competing methodology
also evaluated. The Whitestone
approach costs less than half of
traditional condition assessments.
The value of the contract is $1.4
million.
Whitestone
Research, with headquarters
in Santa Barbara, California, specializes
in applied economic research and
software development. Whitestone
products and services are used
every year by hundreds of major
corporations, government agencies,
and public and private institutions.
For
more information on Whitestone
services and products, please see
the company's website at www.whitestoneresearch.com.
News Contact:
Marcel Rivera
(800) 210-0137
© 2004 Whitestone Research
Corporation. MARS™ is a trademark
of the Whitestone Research Corporation
in the United States and other
countries. All rights reserved.
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