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April 9, 2010 — KGS Awarded Task Order Subcontracts to Assist in Appraisal of USCG Property

On April 9, 2010, American Appraisal, Inc., awarded task order subcontracts to KGS for appraisal of Coast Guard assets, including WAESCHE (WMSL 751), the second ship in the Legend Class of National Security Cutter, and eight high speed, rigid inflatable hull Short-Range Prosecutor launches. KGS will assist American Appraisal and the Coast Guard to: assemble documentation to support date in service and original acquisition cost; review appraisals completed by American Appraisals; prepare packages for adjustment of property and financial records to reflect appraised value; and interface with the USCG Finance Center to facilitate prompt and accurate changes to records.

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