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|AECOM Wins $20 CAD Million Contract for Toronto-York Spadina Subway Extension|
AECOM selected to provide architectural and engineering design services for two stations on subway's 5.4-mile extension
LOS ANGELES, Dec 01, 2008 (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, today announced that it has been selected to provide architectural and engineering services to the Toronto Transit Commission for design of the Sheppard West and Highway 407 stations on its Toronto-York Spadina Subway Extension project.
The contract value for this project is estimated to be approximately $20 CAD million. Construction on the 5.4-mile (8.6-kilometre), six-station extension is scheduled for completion in late 2015. Once completed, service on the line will include stations at York University and the Vaughan Corporate Centre.
"We are excited to play a key role in an effort that will extend Toronto's mass transit system into York Region, enhancing area residents' quality of life and sustaining the local environment," said AECOM President and Chief Executive Officer John M. Dionisio.
The estimated project cost for the subway extension is $2.63 CAD billion.
AECOM (NYSE: ACM) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental and energy. With 43,000 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. AECOM serves clients in more than 100 countries and had revenue of $5.2 billion during its fiscal year 2008. More information on AECOM and its services can be found at www.aecom.com.
Forward-Looking Statements: 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 future contract values. 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, 2008, 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.
AECOM Technology Corporation