|AECOM-led joint venture one of six entities awarded NAVFAC contract worth up to US$500 million|
LOS ANGELES, Mar 29, 2011 (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 the AECOM-Envirocon joint venture was one of six entities awarded an indefinite delivery/indefinite quantity (IDIQ) contract by the U.S. Naval Facilities Engineering Command (NAVFAC) Southwest for environmental remediation services.
Under the Performance-Based Environmental Remediation Multiple Award Contract (PERMAC II), the AECOM-Envirocon joint venture will provide environmental cleanup services at various locations throughout the NAVFAC Southwest and NAVFAC Atlantic regions.
The total shared contract ceiling is US$500 million. The period of performance is a base year plus four option years.
AECOM 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 create, enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in approximately 125 countries and had revenue of $7.0 billion during the 12 months ended Dec. 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 projections of earnings, 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 Dec. 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