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Tishman-AECOM joint venture wins US$16-million construction-management services contract for Phase 1 of U.S. Department of Homeland Security's (DHS) new headquarters in Washington, D.C.
DHS office consolidation is one of the largest government facilities programs in the U.S.
WASHINGTON, Jan 11, 2010 (BUSINESS WIRE) -- Tishman-AECOM, a joint-venture of Tishman Construction Corporation of D.C., one of the nation's premier construction managers, contractors and owner representatives, and AECOM Technology Corporation, a leading provider of professional technical and management support services for government and commercial clients around the world, today announced that it has been awarded a $16-million federal contract. The "indefinite delivery/indefinite quantity" contract covers construction-management services for Phase 1 of the U.S. Department of Homeland Security's (DHS) new headquarters at the former St. Elizabeths psychiatric hospital campus, a National Historic Landmark in Washington.

Daniel R. Tishman, chairman and CEO of Tishman Construction Corporation, said: "Together, Tishman and AECOM have a range and depth of experience unlike any other team in the business, and we're looking forward to working with the GSA and DHS on what is one of the most important projects in our nation in the coming years."

"AECOM is excited to manage this expansive, high-profile program in concert with our partners at Tishman Construction," said John M. Dionisio, AECOM president and chief executive officer. "We look forward to partnering with Tishman to deliver a state-of-the-art, sustainable headquarters facility to DHS."

The Phase 1 construction program involves multiple, interdependent projects that Tishman-AECOM will manage, beginning with the new U.S. Coast Guard Headquarters building, parking structure, 80+ megawatt co-generation plant, and infrastructure projects.

The overall DHS headquarters consolidation is the largest current construction project in the U.S. and the largest federal project since construction of the Pentagon. All phases of the construction program, estimated to be US$3 billion to US$4 billion, are scheduled for completion during 2016.

About Tishman Construction

In business for 111 years, Tishman Construction (www.tishman.com) is a privately held firm headquartered in New York City and having operating units located across the United States and in the United Arab Emirates. Known for successfully managing the complexities of construction, innovative approaches to building, and sustainable-building leadership, Tishman is responsible for the construction of more than 450 million square feet of space, incorporating facilities of every size and type, including arts and culture, commercial, convention centers, education, gaming, government, healthcare, hospitality, residential, retail, sports and leisure, technology and transportation. TCC ranks # 2 in the nation on Building Design & Construction's Top Construction Managers list.

Tishman's current and recent projects in and around the Washington, D.C. area include 5.3 million square feet of new construction for the U.S. Food and Drug Administration in White Oak, Md.; on-going general contracting assignments for the National Institutes of Health at its Bethesda, Md., campus; and the American Pharmacists Association Headquarters on The National Mall.

TCC's current projects nationwide include One World Trade Center, also known as the Freedom Tower, which will be New York's tallest building at 1,776 feet, and MGM MIRAGE's and Dubai World's 18-million-square-foot resort/casino/retail/entertainment complex, called CityCenter, which recently opened in Las Vegas.

About AECOM

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.

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 such forward-looking statements.Important factors that could cause actual results to differ materially from the forward-looking statements are set forth in AECOM's annual report on Form 10-K for the fiscal year ended September 30, 2009, and its other reports filed with the U.S. Securities and Exchange Commission.AECOM and Tishman-AECOM do not intend, and undertake no obligation, to update any forward-looking statement.

SOURCE: AECOM Technology Corporation and Tishman Construction

Tishman Construction
John Gallagher, 212-708-6882
VP & Director of Public Affairs
gallagher@tishman.com
OR
AECOM
Paul Gennaro, 212-973-3167
SVP & Chief Communications Officer
Paul.Gennaro@aecom.com