LOS ANGELES--(BUSINESS WIRE)--Dec. 15, 2011-- 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 it has been awarded a US$10.6-million contract for the second phase of the New Orleans Streetcar Expansion project in the Rampart/St. Claude corridor.
Under the contract, the company will prepare final design documents for the second phase of the expansion, which spans more than a mile of the established Rampart/St. Claude transit corridor in the heart of the city and serves the French Quarter as well as other historic neighborhoods. AECOM also will provide two environmental assessments for proposed future extensions of the St. Claude line from Elysian Fields Avenue to Poland Avenue and for an extension of the Loyola Line from Loyola Avenue to Carondelet Street on Howard Avenue.
“We are honored to continue our long history of successfully delivering transit projects in New Orleans,” said John M. Dionisio, AECOM chairman and chief executive officer. “This important project will help contribute to the ongoing revival and growth of New Orleans.”
The Loyola Line, which was already under construction before the Rampart/St. Claude expansion was announced, is funded by a Transportation Investment Generating Economic Recovery (TIGER I) Grant and was designed by AECOM.
AECOM has been involved with this streetcar program since the early master planning stage and played a significant role in the 2002 New Orleans Streetcar Extension on Canal Street. The design of the Loyola Line started in Jan. 2011 with construction scheduled for completion during 2012. The second phase Rampart/St. Claude corridor construction is scheduled for completion during Aug. 2014.
AECOM 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 create, enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in approximately 125 countries and had revenue of $8.0 billion during its fiscal year 2011. More information on AECOM and its services can be found at http://www.aecom.com.
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 projections of earnings, 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 annual report on Form 10-K for the fiscal year ended Sept. 30, 2011, 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
Paul Dickard, 646-432-8473
VP, External Communications