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Blink Charging awarded MAS contract by U.S. administration

Published 03/29/2023, 01:36 PM
Updated 03/29/2023, 01:40 PM
© Reuters.  Blink Charging (BLNK) awarded MAS contract by U.S. administration

By Michael Elkins

EV charging equipment and services company, Blink Charging Co (NASDAQ:BLNK) announced Wednesday that it has been awarded a Multiple Award Schedule (MAS) contract by the U.S. General Services Administration (GSA). This contract will allow government customers and federal agencies to easily purchase Blink electric vehicle (EV) equipment and services through the GSA Schedule.

GSA Schedules are the acquisition arm of the GSA and increase the efficiency of the federal procurement process. Blink has applied for and met all the requirements to be a GSA Schedule contractor and sell to the government at all levels, making the purchasing process faster and more cost-effective. Government buyers will now be able to access Blink products and services through “GSA Advantage!”, the government's premier online shopping superstore.

"The GSA MAS award is a critical milestone for Blink to provide greater access to government channels. We anticipate that federal government purchases of EV charging equipment and services will accelerate significantly in the coming years and Blink is well positioned to provide innovative solutions to these government customers," said Michael Battaglia, Chief Revenue Officer at Blink Charging. "We are proud to have been awarded this GSA MAS contract and are looking forward to supplying our best-in-class EV charging solutions across government agencies."

Shares of BLNK are up 7.09% in mid-day trading on Wednesday.

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