LOS ANGELES (July 11, 2016) — AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, announced today that it has been awarded a new five-year contract to provide program management and construction management (PM/CM) services at the Dallas/Fort Worth (DFW) International Airport, recognized internationally as one of the most frequently visited super-hub airports in the world. The contract covers a variety of potential projects, including both federally- and non-federally-funded airfield improvements, building projects and landside improvements.
Under the new contract, worth an estimated US$100 million, AECOM will provide full project life cycle services to DFW’s Design, Code and Construction Department. The scope of services includes program, project, design and construction management; contract administration; program and project controls; public outreach; and technical, third-party support. In keeping with AECOM’s and DFW’s long-time commitment to promote participation of Disadvantaged Business Enterprises (DBE), it is expected that 40 percent of the contract’s total dollar value will be subcontracted by AECOM to qualified DBEs.
AECOM has served as a consultant to DFW for more than 30 years, beginning with assistance on the airport’s first Master Development Plan in the 1980s. AECOM has and will continue to lead a joint venture team responsible for design and design management services for the renovations currently in progress at DFW Terminal B and Terminal E, as part of the airport’s US$2.7-billion Terminal Renewal and Improvement Program.
“We are very proud of our long history of working with the Dallas/Fort Worth International Airport and being a part of their most important and iconic programs,” said Michael S. Burke, AECOM Chairman and Chief Executive Officer. “The confidence shown by DFW in selecting AECOM as their PM/CM partner for the next five years reflects the collaborative relationship we’ve worked hard to build together and AECOM’s in-house strengths in aviation architecture and engineering.”
DFW is the fourth busiest airport in the U.S., serving more than 64 million passengers annually. Centered between its owner cities of Dallas and Fort Worth, Texas, DFW also serves as a major economic generator for the North Texas region, producing over US$37 billion in economic impact each year by connecting people through business and leisure travel.
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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 statements relating to the Dallas/Fort Worth International program management/construction contract, the contract amount subcontracted to DBEs as well as future economic and industry conditions. 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 Dec. 31, 2015, 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 statements.
Vice President, Global External Communications