|AECOM awarded design-build subcontract for major ring road in Saskatoon, Saskatchewan, Canada|
LOS ANGELES, Jun 03, 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 a joint venture for which it is subcontracted as the lead designer has been awarded a design-build contract for the Circle Drive South project in Saskatoon, Saskatchewan, Canada.
Circle Drive South - the largest single construction effort in the city's history and the province's first alternative-delivery design-build transportation contract - has a total project value of approximately US$277 million. AECOM's fees for the subcontract were not disclosed.
AECOM professionals will provide design services for this major ring road, which includes a new south bridge that will cross the South Saskatchewan River, 4.3 miles of four- to six-lane divided freeway, four roadway interchanges and four railway grade separations. AECOM will also provide railway, stormwater, environmental site-remediation and sound-attenuation services.
"This work is expected to help reduce traffic congestion in the area by nearly 35 percent," said AECOM President and Chief Executive Officer John M. Dionisio. "We are proud to aid in this effort, which will improve quality of life and the impact of traffic on the local environment."
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 $6.3 billion during the 12-month period ended March 31, 2010. 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 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 March 31, 2010, 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