LOS ANGELES, Jan 05, 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 which it leads has been awarded a US$18-million contract by the
New Jersey Transit Board of Directors for the Portal Bridge Capacity
Enhancement project. The authorization covers the construction
management consultant services for early action elements of a planned
7.5-year assignment, valued at approximately US$94 million overall.
The AECOM-STV joint venture will provide construction management
services for the estimated US$1.7-billion project that will replace the
two-track, 99-year-old Portal Bridge swing span over the Hackensack
River on Amtrak's Northeast Corridor. Two new two-track and three-track
fixed bridges will replace the existing structure, on the busiest
section of passenger rail mainline in North America.
"This important infrastructure project allows more capacity and service
reliability for the growing number of rail travelers between New Jersey
and New York City," said John M. Dionisio, AECOM president and chief
executive officer. "We are excited by the opportunity to support New
Jersey Transit's efforts to enhance this vital transportation link."
Early construction is expected to begin during late spring 2010. The
replacement bridges are slated for completion in 2017.
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 $6.1
billion during its fiscal year 2009. More information on AECOM and its
services can be found at www.aecom.com.
With more than 1,700 employees in 34 offices, STV is a leader in
providing engineering, architectural, planning, construction management
and environmental services for transportation systems, infrastructure,
buildings and other facilities. Engineering News-Record ranked
STV 11th in its Top 50 Transportation Firms survey and fifth in its Top
20 Mass Transit and Rail Firms survey. STV is 100 percent employee-owned
and maintains a Web site at www.stvinc.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 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 September 30, 2009, 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
SOURCE: AECOM Technology Corporation
AECOM Technology Corporation
Paul Gennaro, 212-973-3167
SVP & Chief Communications Officer