NYSE MKT: VSR) announced that the United States Army Corps of Engineers, Middle East District (USACE-MED) has exercised an option year for Versar's ongoing Personal Services and Support contract in Iraq.
What does OY stand for?
OY stands for Option Year
This definition appears somewhat frequently
See other definitions of OY
We have 1 other meaning of OY in our Acronym Attic
- Outdoor Cross Training
- Occidental College (California)
- Occidental Petroleum Corporation (stock symbol)
- OxyContin (slang for prescription drug; aka OC)
- Oxygen (Womens' cable channel)
- Code for Danish Aero Plane
- New Zealand Life Insurance Stamp (Scott Catalogue prefix; philately)
- Operating Year
- Optimum Yield
Samples in periodicals archive:
The agreement has a potential duration of 10 years, if all option years are exercised.
One issue is the standard option year on all CFL contracts.
He was given a two-year contract worth about $500,000 a season with two option years.
The contract has nine additional option years, which provides for 20 identical fishing vessels to be constructed and delivered during each option year.
The contracts have a potential value for the consortium of [euro]45 million for the base years and [euro]180 million overall, including option years, if the European Commission orders the current estimated number of labour hours.
If all of the option years are exercised, the value of those task orders is approximately $5 million.
During meetings the past week, the Kings elected not to pick up the option year on Ronning's contract.