AECOM will partner with Kier and Morrison Water Services to provide design engineering services on the multi-billion dollar program.
DALLAS--(BUSINESS WIRE)--Oct. 9, 2024--
AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it has been selected by two contractors to support Southern Water’s $4.8 billion capital delivery program. The selection is the latest from Southern Water, a major UK water utility, as it readies the supply chain to deliver a range of infrastructure and wastewater programs across the AMP8 period, between 2025 and 2030.
AECOM will serve as a detailed design partner to Kier, alongside Pell Frischmann, in its recent selection to Southern Water’s Strategic Delivery Partner (SDP) Framework, working with Kier on Lot 1 for non-infrastructure water projects and Lot 2 for non-infrastructure wastewater projects.
“Our ongoing involvement in AMP8 upgrades for Southern Water and major utilities across the UK underscores our market sector leadership and the technical expertise of our teams,” said Beverley Stinson, chief executive of AECOM’s global Water business. “As the industry’s leading water firm, we bring extensive experience in infrastructure modernization and sustainability, helping our clients meet their environmental commitments and deliver long-term value to their communities.”
Following their selection to Southern Water’s SDP Lot 3 Framework for infrastructure projects, and Low Complexity Delivery Route Lot 2 (Wastewater) Framework, Morrison Water Services has also asked AECOM to be its sole design partner on both the frameworks. The frameworks run for seven and five years, respectively, with the option to extend for an additional five years.
AECOM will support optioneering, outline and detailed design across water and wastewater projects that help advance positive outcomes for customers, communities and the environment. This builds on AECOM's successful appointment to two Lots under the AMP8 Professional Services Framework for Southern Water, providing asset management and program/project management services.
“Collaboration across the supply chain will be critical to delivering the services and infrastructure needed to meet Southern Water’s robust plans,” said Colin Wood, chief executive of AECOM’s Europe and India region. “We are delighted to partner with Kier and Morrison Water Services to provide design engineering services to support project delivery, building on our well-established relationships with both groups, and through that continue our long-standing work with Southern Water to help deliver its ambitions over the next control period.”
“We are delighted to appoint AECOM, who will provide design services for Southern Water’s framework. Together, our combined expertise will play a vital role in addressing the significant challenges posed by population growth, climate change, and the need for enhanced environmental protection,” said Iain Sutherland, Managing Director of M Group Water Division. “Our solutions will contribute to improvements to the wastewater network and the long-term reliability of water supplies, ensuring Southern Water can meet the needs of customers and the environment long into the future. We look forward to the positive outcomes this will deliver as we support Southern Water in executing its ambitious capital program.”
About AECOM
AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $14.4 billion in fiscal year 2023. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.
Forward-Looking Statements
All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, capital allocation strategy including stock repurchases, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; potential government shutdowns or other funding circumstances that may cause governmental agencies to modify, curtail or terminate our contracts; losses under fixed-price contracts; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs, geopolitical events, and conflicts; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; managing pension costs; AECOM Capital real estate development projects; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and result in any future proceeds owed to us as part of the transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241009639552/en/
Media Contact:
Brendan Ranson-Walsh
Senior Vice President, Global Communications
1.213.996.2367
Brendan.Ranson-Walsh@aecom.com
Investor Contact:
Will Gabrielski
Senior Vice President, Finance, Treasurer
1.213.593.8208
William.Gabrielski@aecom.com
Source: AECOM
