July 30, 2009 (FinancialWire) — TRC Cos., Inc. (NYSE: TRR) (Current Market Cap: $91.69 Mil.) said it has been awarded a $5.1 million contract to provide an environmental liability transfer solution to a manufacturing client in the San Francisco Bay Area.

Under the terms of the contract, TRC has assumed the clean-up obligations at the client’s former manufacturing complex in order to facilitate the sale of the client’s assets to a private equity firm, eliminating future clean-up risks to either business.

The site cleanup involves the mitigation of volatile organic compounds in groundwater at and surrounding the site. To support TRC’s assumption of remedial obligations, a remediation cost cap policy was issued to protect TRC and its clients against clean-up cost overruns.

Lowell, Massachusetts-based TRC creates and implements solutions for the environmental, energy and infrastructure markets. The company also is a provider of engineering, consulting, and construction management services to commercial and government customers.

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