AECOM Technology Corporation (NYSE:ACM), the world’s #1-ranked
engineering design firm, announced today that a joint venture it leads
has been awarded a contract with a ceiling of US$600 million from the
U.S. Department of Homeland Security’s Federal Emergency Management
Agency (FEMA). The indefinite delivery/indefinite quantity contract is
expected to yield between US$100 and US$300 million over the life of the
contract.
AECOM, as the managing party of the Compass PTS joint venture team, has
been selected as one of two preferred consultant joint ventures to
provide architectural and engineering services for various projects as
part of FEMA’s large-scale efforts to provide quality flood and other
risk data to increase public awareness and achieve mitigation actions
that reduce the risk to life and property.
AECOM and CDM Smith, the other controlling partner on the Compass PTS
joint venture — along with its Compass PTS joint venture partners T&M
Associates, Halff Associates, Fugro EarthData, Inc., and ABSG
Consulting, as well as several sub-consultants — will provide production
and technical services for the Risk Mapping, Assessment and Planning
(Risk MAP), Hazard Mitigation Technical Assistance Program (HMTAP) and
Technical Assistance and Research Contracts (TARC) programs. The Risk
MAP program combines flood-hazard mapping, risk-assessment tools and
hazard-mitigation planning into an integrated program that encourages
building more-resilient communities.
In conjunction with Risk MAP, HMTAP provides assistance to aid FEMA
headquarters, regional counterparts and field offices to meet
post-disaster mitigation responsibilities, while TARC aims to create
nationally applicable FEMA publications, tools, training and education
to be used by emergency managers and the nationwide building community.
“AECOM is honored to partner with FEMA to enhance the usability and
value of natural hazard risk information across the United States,” said
AECOM Chief Executive Officer Michael S. Burke. “By helping to prepare
communities for disasters as well as adapt and recover if one occurs,
our work will contribute to making cities safer and more resilient.”
The contract period is five years, with additional options years
possible. Projects are scheduled to be initiated between December 2014
and 2019.
About AECOM
With nearly 100,000 employees — including architects, engineers,
designers, planners, scientists and management and construction services
professionals — serving clients in more than 150 countries around the
world following the acquisition of URS, AECOM is a premier, fully
integrated infrastructure and support services firm. AECOM is ranked as
the #1 engineering design firm by revenue in Engineering News-Record magazine’s
annual industry rankings. The company is a leader in all of the key
markets that it serves, including transportation, facilities,
environmental, energy, oil and gas, water, high-rise buildings and
government. 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 companies, including URS
Corporation and Hunt Construction Group, had revenue of
approximately $19.5 billion during the 12 months ended Sept. 30, 2014.
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 annual report on Form
10-K for the fiscal year ended Sept. 30, 2014, 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 15-0101
Copyright Business Wire 2015