AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for public and private clients in more than 130 countries around the world, announced today that a joint venture in which it participates has been awarded a two-year contract with the Illinois Department of Transportation for engineering studies as part of a planned major reconstruction project in the heart of Chicago.
Under the contract, the joint venture will identify the scope of improvements, potential cost and construction schedule for the reconstruction of the city’s Circle Interchange. The interchange carries more than 300,000 vehicles per day. During 2010, the U.S. Federal Highway Administration and the American Transportation Research Institute identified the interchange as the No. 1 bottleneck among highways crucial to the nation’s freight transportation system.
“AECOM is honored to partner and share its expertise with the Illinois Department of Transportation and the local community on this critical transportation-infrastructure project,” said John M. Dionisio, AECOM chairman and chief executive officer. “The proposed project would drive mobility and environmental improvements for Chicago’s residents and visitors.”
The value of AECOM’s contract was not disclosed.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 130 countries and had revenue of $8.3 billion during the 12 months ended June 30, 2012. 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 June 30, 2012, 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 12-0903