The Department of National Defence has increased the confirmed funding by $4.52 million for a Seprotech contract.
The Ottawa wastewater treatment firm originally received a $14 million standing offer in June 2011 for an initial two-year period with three one-year options of $2.8 million each.
"The increase of $4.52 million combined with the unused budget for the 2011 FY (due to mid-year award of the contract) brings confirmed and immediately accessible funds to approximately $10.8 million of the $14 million total budgeted funds under the contract," Seprotech stated.
The final amount is subject to DND discretion, Seprotech added.
Seprotech reported a first-quarter loss to start fiscal 2012, but showed a 30-per-cent improvement from a year earlier.