LOS ANGELES--(BUSINESS WIRE)--May. 22, 2013--
AECOM Technology Corporation (NYSE: ACM), a leading provider of
professional technical and management support services for public and
private clients in more than 140 countries around the world, announced
today that it has been awarded a US$94.6-million program management
contract for the final phase of the Los Angeles Community College
District’s (LACCD) building program.
The LACCD’s building program is a 14-year, US$6-billion program that is
modernizing and renovating the district’s nine colleges and related
facilities for students, faculty and staff, funded primarily through
taxpayer-approved bonds with supplemental funding from the state of
California.
As program manager, AECOM will manage funds to achieve the goals of
first-rate results and maximum value for taxpayers. The final phase will
follow a more centralized structure following the LACCD’s recent
reforms, including strict oversight and a transparent process for
completing the building project, resulting in the remaining
US$2.7-billion in funds being spent efficiently and effectively.
“I look forward to AECOM partnering with the LACCD on this great project
that will directly benefit the local Los Angeles community,” said AECOM
Chairman and Chief Executive Officer John M. Dionisio. “I am proud that
we will be able to utilize AECOM’s expertise and forward-looking
approaches to support the building project and deliver benefits to
taxpayers.”
The building program’s final phase is expected to be completed within
five years.
About AECOM
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 more than 140 countries and had revenue of $8.2
billion during the 12 months ended March 31, 2013. 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 March 31, 2013, 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.
NR 13-0505
Source: AECOM Technology Corporation
Media:
AECOM Technology Corporation
Paul Dickard,
646-432-8473
VP, External Communications
Paul.Dickard@aecom.com
