Fluor to construct 22 miles of Loop 202, Arizona’s largest ever
highway project
Fluor
Corporation (NYSE: FLR) announced today that its joint venture team
was selected as the preferred bidder for a design-build and maintain
project by the Arizona Department of Transportation (ADOT) to provide
design, construction and maintenance services for the Loop 202 South
Mountain Freeway. Located in the Phoenix metropolitan area, this will be
the largest highway project in the state’s history. Fluor plans to book
its share of the final contract value in the first quarter of 2016.
The Fluor-led joint venture, Connect 202 Partners, is a design-build and
maintenance partnership comprised of Fluor Enterprises Inc., Granite
Construction Co., Ames Construction Inc., Parsons Brinckerhoff Inc. as
the lead designer, and DBi Services, LLC, as the joint maintenance
partner.
The joint venture team will construct approximately 22 miles of Loop 202
running east and west along Pecos Road, turning north between 55th
and 63rd avenues, connecting with Interstate 10 on each end.
Major construction is expected to begin in the summer of 2016 with lanes
opening in late 2019 or early 2020. Fluor and DBi Services, LLC, will
maintain the lanes for 30 years with oversight from ADOT.
The Loop 202 South Mountain Freeway Project will deliver improved
mobility via four lanes in each direction – three general-use lanes and
one High-Occupancy Vehicle (HOV) lane – and includes modern features of
rubberized asphalt and aesthetics designed in partnership with the
community.
“The selection of the Fluor-led joint venture to deliver Arizona’s
largest highway project in its history is a testament to Fluor’s strong
track record of safely delivering innovative public-private partnership
(P3) projects and solutions to our clients,” said Hans Dekker, president
of Fluor’s infrastructure business. “We plan to continue our
industry-leading performance to deliver Arizona’s first highway P3
project with the cost and schedule certainty the state expects.”
About Fluor Corporation
Fluor
Corporation (NYSE: FLR) is a global engineering and construction
firm that designs and builds some of the world's most complex projects.
The company creates and delivers innovative solutions for its clients in
engineering, procurement, fabrication, construction, maintenance and
project management on a global basis. For more than a century, Fluor has
served clients in the energy, chemicals, government, industrial,
infrastructure, mining and power market sectors. Headquartered in
Irving, Texas, Fluor ranks 109 on the FORTUNE 500 list. With 40,000
employees worldwide, the company's revenue for 2014 was $21.5 billion.
Visit Fluor at www.fluor.com
and follow on Twitter @FluorCorp.
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