U.S. Army Corps of Engineers Selects Value Recovery Holding, LLC, as Renewable Energy Prime Contractor

October 08, 2014


COLUMBUS, Ohio, Oct. 8, 2014 /PRNewswire/ -- Value Recovery Holding, LLC, of Columbus, Ohio (VRH) is pleased to announce its selection by the U.S. Army Corps of Engineers, Engineering and Support Center, Huntsville to serve as prime contractor to assist the Army's Office of Energy Initiatives (OEI) with comprehensive portfolio and program management support to the Army's Renewable Energy Enterprise. VRH will support OEI's implementation of cost-effective, large-scale, Renewable Energy projects that leverage private sector financing, with the goal of producing 1 gigawatt of power from renewable sources by 2025.

Founded in 1999 by Barry Fromm, VRH is a full service government consulting firm, which currently manages numerous asset management, program management, and debt collection contracts. These contracts include the U.S. Department of Energy, the General Services Administration, the Federal Deposit Insurance Corporation, the Export-Import Bank of the United States, the Overseas Private Investment Corporation, and the U.S. Department of Education. VRH's mission is to optimize the value of under performing assets. It has direct experience with public and private organizations performing a wide range of services, including: transaction, credit and technical underwriting, due diligence, land and real estate portfolio management, program reporting, systems software development, special asset management and restructurings, and strategic planning. Specifically with the Department of Energy and the Ohio Air Quality Development Authority, VRH and its team have structured over $20 billion in Renewable Energy Transactions.

VRH, its teaming members and its group of diverse subcontractors are proven performers, with each having managed multiple complex federal and state contracts and these firms are:

  • CALIBRE Systems
  • Scully Capital
  • Jones Lang LaSalle
  • Accenture Federal Services
  • TerranearPMC
  • Brubaker & Associates
  • Sargent & Lundy

SOURCE Value Recovery Holding, LLC

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