PDG Environmental, Inc. (dba FlagshipPDG), a leading provider of environmental remediation and specialty contracting services, today announced that it has recently been awarded contracts valued, in aggregate, up to $19.7 million. Approximately $14.4 million of the contracts value will be completed in our current fiscal year which ends January 31, 2009 and the remainder will be completed in the following fiscal year. Approximately $9.7 million of the awards are for unit price and job order contracts. Of the $19.7 million, $10.0 million are for asbestos abatement and the remaining $9.7 million are for reconstruction services. The abatement projects include approximately $8.9 million of contracts with governmental and other non-profit entities and $1.1 million with private commercial entities.

The projects include the removal of asbestos in structures such as auditoriums, community centers, schools, courthouse, and retail businesses throughout the country. The reconstruction projects include $6.5 million of work for school systems in the State of California with the remaining projects for multi-family complexes in Texas, Utah, Ohio, Indiana and Mississippi.

"We are encouraged by the level of new contract awards and particularly the diversification of the total awards between asbestos abatement and reconstruction projects," said John Regan, chairman and chief executive officer.