|TEC-AECOM joint venture awarded environmental studies contract worth up to US$40 million|
LOS ANGELES, Apr 20, 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 TEC-AECOM, a joint venture in which it participates with TEC Inc., has won an indefinite delivery/indefinite quantity (IDIQ) contract, worth up to US$40 million, from the U.S. Naval Facilities Engineering Command (NAVFAC) Atlantic.
Under the contract, the joint venture team will primarily provide environmental planning services under the National Environmental Policy Act (NEPA) and Executive Order 12114 "Environmental Effects Abroad of Major Federal Actions" in support of proposed infrastructure projects relating to the homeporting of naval ships. The focus of this contract will be U.S. Navy and U.S. Marine Corps facilities in the United States, the Caribbean, Europe and North Africa.
Task orders will include projects such as homeporting of ships, new construction, renovation, base realignment and closure actions, proposed operational actions and demolitions. The term of the contract has a duration of 60 months, and work is slated for completion during March 2015.
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 the 12-month period ended December 31, 2009. More information on AECOM and its services can be found at www.aecom.com.
About TEC Inc.
TEC is an employee-owned company providing consulting expertise in engineering, environmental management, architecture, planning, infrastructure and energy. With offices from Hawaii to Germany, TEC is composed of technical specialists with industry and functional expertise across both the public and private sectors. TEC's consulting support draws on the different perspectives and talents of its staff to produce results that are timely, applicable and cost-effective. More information can be found at www.tecinc.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 quarterly report on Form 10-Q for the fiscal quarter ended December 31, 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 statement.
SOURCE: AECOM Technology Corporation
AECOM Technology Corporation