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AVEW Holdings, Inc., New Certificate Provides Additional Construction Opportunities in State and Federal Agencies

AVEW Holdings, Inc., New Certificate Provides Additional Construction Opportunities in State and Federal Agencies.

articleAvew Holdings IncJuly 15, 20155/company/avew-holdings-inc/news/avew-holdings-inc-new-certificate-provides-additional-construction-opportunities-in-state-and-federal-agencies
AVEW Holdings, Inc., New Certificate Provides Additional Construction Opportunities in State and Federal Agencies

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[{"type":"text","content":"\n \n \n AVEW Holdings, Inc., New Certificate Provides Additional Construction Opportunities in State and Federal Agencies\n \n \nAVEW Holdings, Inc., New Certificate Provides Additional Construction Opportunities in State and Federal Agencies\n \n AUSTIN, TX--(Marketwired - Jul 15, 2015) -  AVEW HOLDINGS, INC. (OTC PINK: AVEW) today announced the State of Texas has designated AVEW Holdings Inc. & all subsidiaries as a HUB (Historically Underutilized Business). This designation requires state and federal agencies to use HUB companies to solicit bids for state purchasing and public works construction and services. The state mandates a certain percentage of all state funded projects be awarded to companies with a HUB status.\n In addition to state agencies and educational institutions, prime contractors doing public works must use HUB subcontractors as required by state and federal guidelines. State and federal contracts utilize the Centralized Master Bidders List to solicit bids.\n State and federal assisted contracts, educational institutions, and state bonded projects, require a HUB subcontracting plan as a provision for awarding state contracts. If the state determines that a prime contractor fails in an effort to implement a HUB subcontractor plan, the agency may ban the contractor from further contracting opportunities with state or federal agencies.\n The HUB certification and construction contract available from state and educational institutions is in place for a four-year certification period.\n Mr. Jose Chavez, CEO, stated, \"The HUB status and exposure of AVEW Holdings, Inc. and AVEW's family of companies to state, federal, educational institutions, and prime contractors opens a tremendous opportunity for additional construction and construction services to AVEW.\"\n With this opportunity, AVEW has appointed Rudy Yepez, an AVEW Board Member, to Vice President of the AVEW Real Estate Development Company. Mr. Yepez is the founder of Countryside Landscape and Nursery and a 10-year veteran in real estate development. Mr. Yepez has developed and constructed three major student housing projects close to Baylor University in Waco, Texas.\n Mr. James Ling, President, said, \"Mr. Yepez's assignment and AVEW's HUB status is a perfect scenario to further the success of AVEW and provide additional revenue opportunities.\"...

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