Fluor Corporation (NYSE: FLR) confirmed today that the New York State Thruway Authority and the New York State Department of Transportation announced that Tappan Zee Constructors, a Fluor-led team consisting of Fluor Enterprises, Inc., American Bridge Company, Granite Construction Northeast, Inc., and Traylor Bros., Inc., was selected for the multi-billion dollar, design-build contract for the new Tappan Zee Hudson River Crossing Project. Three design concepts and corresponding budgets were presented to the public by the Authority and New York’s Governor Andrew Cuomo on December 5, 2012, in Albany. Tappan Zee Constructors’ submission, shown as Proposal One, was recommended at that time by the Selection Committee. Today, the Authority’s Board of Directors made the final selection of the Tappan Zee Constructors’ proposal. Based on its 30 percent ownership of the joint venture, Fluor will book its portion of the project into backlog once the contract receives final approval and a notice to proceed is issued. "The combined experience of our team enabled us to put forward an attractive and cost competitive design," said Steve Dobbs, president of Fluor’s Industrial & Infrastructure Group. "We also will be able to leverage our recent successful bridge construction experiences, like the San Francisco-Oakland Bay Bridge, and our unique equipment capabilities in making this important project a reality." The 3.1-mile-long Tappan Zee Bridge connects Rockland County to Westchester County in the Lower Hudson Valley (approximately 25 miles north of midtown Manhattan) and is a vital transportation link that serves approximately 138,000 vehicles per day. The mega-project will be the single largest bridge project in New York’s history. It is the state’s first application of its recently enacted design-build legislation and has produced substantial savings relative to the $5.2 billion estimated cost. The Fluor team developed a unique and innovative design that reduced the weight of the structure and minimized the number and size of foundations required. The design solution also utilizes a shallow superstructure and a 350’ long-span design to minimize the number of piers and provide a sleeker looking bridge that enhances the view corridors within the lower Hudson Valley. The main span is a composite deck cable-stayed structural system with outwardly inclined main span towers that create an iconic look and accommodate future transit loads.
The design will allow for dredge quantities to be reduced from 1.8 million cubic yards to less than one million cubic yards, lessening environmental impacts, costs, and schedule durations. In addition, the construction schedule will benefit from utilizing unique heavy lifting equipment that Fluor and its partner American Bridge own and had custom built for the San Francisco-Oakland Bay Bridge project. Construction will take approximately five years with completion projected for 2018.About Fluor Corporation Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the world's most challenging and complex projects. Founded in 1912, the company was started by John Simon Fluor Sr. with a modest investment of $100. Since those humble beginnings, the company has grown into one of the largest engineering & construction companies in the world. Fluor is celebrating its 100 th anniversary during 2012. Today, through its global network of offices on six continents, the company provides comprehensive capabilities and world-class expertise in engineering, procurement, construction, commissioning, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 200 company and had revenue of $23.4 billion in 2011. For more information, visit www.fluor100.com and www.fluor.com.