Contract is part of public-private partnership to deliver highway
LOS ANGELES--(BUSINESS WIRE)--Sep. 5, 2012--
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 was
awarded a design contract for the final leg of Anthony Henday Drive in
Edmonton, Alberta, Canada.
The Alberta government signed a 34-year public-private partnership (P3)
contract with the Capital City Link General Partnership to design,
build, operate and partially finance the highway project. The P3
contract is worth US$1.8 billion.
AECOM is the lead designer for the Flatiron-Dragados-Aecon-Lafarge
design-build joint venture company. The project includes 17 miles of
six- and eight-lane divided roadways, nine interchanges, two road
flyovers, eight rail crossings, and 46 bridge structures, including two
bridges across the North Saskatchewan River.
“This is a great opportunity to partner with the province, delivering
new, high-quality transportation infrastructure in an accelerated manner
under a single P3 contract,” said AECOM Chairman and Chief Executive
Officer John M. Dionisio. “Together we will develop a project that will
provide for a safe transportation network bringing both mobility and
further economic growth to the region."
The ring road, once completed, is designed to reduce commute times and
traffic congestion in the area.
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 more than 130 countries and had revenue of $8.3
billion during the 12 months ended June 30, 2012. More information on
AECOM and its services can be found at 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 quarterly report on Form
10-Q for the fiscal quarter ended June 30, 2012, 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
Paul Dickard, 646-432-8473
VP, External Communications