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AECOM Joint Venture Wins San Francisco Central Subway Project

$147-million program-management contract for San Francisco Central Subway Phase II work showcases AECOM's planning, transportation expertise

LOS ANGELES--(BUSINESS WIRE)--Jan. 7, 2009--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 awarded a $147-million contract to provide program-management services to the San Francisco Municipal Transportation Agency (SFMTA) for Phase II of its Central Subway project. AECOM will perform the work as part of a joint venture with EPC Consultants.

The contract, which was approved by the SFMTA's Board of Supervisors, is for five years and has an additional five-year option. Services to be provided by the joint venture include overall program management, overseeing and tracking the related environmental-mitigation plan, risk management, public outreach and regulatory and interagency coordination.

"This contract is an important step toward a better future for transportation in San Francisco," said Mayor Gavin Newsom.

"We are pleased to secure the services of such a talented and experienced team as we move forward on the most important transportation project in San Francisco in a generation," said Nathaniel P. Ford, Sr., executive director and chief executive officer of the SFMTA. "These are the partners we need as we get ready to build the Central Subway."

Phase II construction is expected to begin during 2010 with service to the public starting during 2016. Once this phase is complete, the subway will extend from AT&T Park to North Beach, passing under San Francisco's famous Chinatown. Phase III of the project is expected to take the subway through North Beach to Fisherman's Wharf.

"AECOM is proud to contribute to the advancement of San Francisco's mass transit system," said AECOM President and Chief Executive Officer John M. Dionisio. "This important infrastructure project will enhance the quality of life for residents and sustain San Francisco's environment."

Experts from AECOM's industry-leading global transportation and program-management practices will be joined by the company's local design experts on the subway project.

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 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: 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 our plans for future operations. 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, 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.

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CONTACT: AECOM Technology Corporation
Paul Gennaro, 212-973-3167
SVP & Chief Communications Officer
paul.gennaro@aecom.com

Source: AECOM Technology Corporation