AECOM Technology Corporation (NYSE: ACM), a leading provider of
professional technical and management support services for government
and commercial clients around the world, announced today that a joint
venture between AECOM, its Tishman Construction arm, and STV, was
awarded a US$19-million contract by the Moynihan Station Development
Corporation in partnership with the Port Authority of New York and New
Jersey (PANYNJ).
Under the contract, the joint venture will provide construction
management services and rail expertise for the first phase of Moynihan
Station construction in Manhattan. The contract scope includes design
reviews, complex construction staging, coordination between three
operating railroads, construction supervision of platform ventilation
work, pedestrian concourse improvements and facility planning. AECOM’s
aggregate fee, including its Tishman Construction operation, is
approximately US$11 million.
“AECOM is excited to partner with Moynihan Station Development
Corporation and the Port Authority,” said AECOM Chairman and Chief
Executive Officer John M. Dionisio. “We look forward to leveraging our
deep experience in managing large, complex station and rail projects,
along with our construction management expertise, to drive the
completion of a transit station that will alleviate congestion in one of
the country’s busiest transportation hubs.”
The project’s first phase includes the expansion and enhancement of the
33rd Street Connector between Pennsylvania (Penn) Station and the West
End Concourse, which lies under the grand staircase of the Farley Post
Office building on Eighth Avenue; the extension and widening of the West
End Concourse to serve nine of Penn Station's 11 platforms; new vertical
access points and passenger circulation space; and entrances into the
West End Concourse through the 31st and 33rd Street corners of the
Farley building.
Phase 1 is slated for completion during 2016.
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 approximately 125 countries and had revenue of $8.0
billion during its fiscal year 2011. 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, 2011, 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.
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