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|AECOM joint venture wins US$21-million New York City dredge-design contract|
LOS ANGELES, Jul 07, 2010 (BUSINESS WIRE) --
AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that a joint venture in which it participates with HydroQual, Inc., has been selected to provide dredge design, engineering and permitting services to the New York City Department of Environmental Protection (NYCDEP) for the Citywide Dredging Engineering Design Contract Services project.
Under the US$21-million contract, the joint venture will design and oversee the dredging of various tributaries around the city to remove combined sewer overflow (CSO) mounds that contribute to nuisance odors and dissolved oxygen deficits at the head end of the tributaries. These dredging programs are required by the city's Consent Order Mandated Citywide CSO Long-Term Control Plans.
"We are pleased to have the opportunity to further strengthen our relationship with the NYCDEP through efforts, such as this one, that have a positive environmental impact on the city," said John M. Dionisio, AECOM president and chief executive officer.
The project includes detailed sediment characterization; water quality sampling and lab analysis; dredge volume estimation; cap design; water-quality modeling; coordination and submission of all necessary permits with local, state and federal agencies; coordination with ongoing U.S. Army Corps of Engineer restoration projects; environmental assessment/impact statements; and public outreach for each targeted dredging area. These services will be required on an expedited schedule to enable the NYCDEP to effectively comply with the city's mandates.
AECOM (NYSE: ACM) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation, and technical excellence in delivering solutions that enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.3 billion during the 12-month period ended March 31, 2010. More information on AECOM and its services can be found at www.aecom.com.
About HydroQual, Inc.
HydroQual, Inc., an Engineering News-Record Environmental 200 firm, is a privately owned environmental engineering and consulting firm established in 1980. The firm specializes in mathematical modeling to evaluate the fate and transport of pollutants and the effect of their presence in natural water systems, the assessment and optimization of water and wastewater treatment processes, environmental hydrodynamics and sediment transport modeling, natural resource investigations and hydrogeological and engineering services for site remediation. The firm provides a wide range of integrated science and engineering consulting services to public and industrial clients world-wide.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any statements of plans for future operations or expected revenue.Actual results could differ materially from those projected or assumed in any of our forward-looking statements.Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2010, and our other reports filed with the U.S. Securities and Exchange Commission.AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.
SOURCE: AECOM Technology Corporation
AECOM Technology Corporation