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