DALLAS (April 20, 2022) — AECOM (NYSE:ACM), the world’s trusted infrastructure consulting firm, today announced that it has expanded its Digital AECOM offering to help U.S. clients meet the rigorous Infrastructure Investment and Jobs Act (IIJA) grant requirements and the federal Justice40 Initiative commitments to effectively compete for funding and maximize their capital plans. The offering is a first-of-its-kind approach that combines the Company’s leading ESG advisory services, project scoping and grant application service capabilities with proven Digital AECOM products.
“We’re excited to continue to grow our industry-leading digital solutions to provide clients with the insights they’ll need to gain access to critical IIJA funding,” said Todd Battley, AECOM’s chief strategy officer. “Less than six months after its launch, Digital AECOM has already delivered solutions that have realized our clients’ ambitious objectives for better project outcomes. Today, Digital AECOM is leveraging these successes to further prepare our clients for the next generation of infrastructure challenges and opportunities.”
The solution combines artificial intelligence, geospatial analytics, capital planning (PlanSpendTM) and stakeholder engagement (PlanEngage TM) with AECOM’s comprehensive understanding of the Federal grants process and leading technical expertise to help clients effectively compete for discretionary funds and optimize capital plans that leverage the new and expanded funding programs through the recently enacted bipartisan infrastructure law. This cutting-edge, multi-stage digital solution provides clients with the expert guidance required to navigate the new grant ecosystem created by the IIJA as well as the ability to thoroughly conceptualize their grant and program management, capital planning, electrification assessment modeling, and compliance reporting. To find out more about the platform and get in touch with AECOM, please contact us at PlanSpend@aecom.com.
“Our clients are facing a complex and overwhelming environment around the IIJA. Through our continued investment in our digital product offering, our technical experts are helping them fully understand and assess these opportunities in the context of their specific programs and compete for and maximize grants and loan programs,” said Shailen P. Bhatt, AECOM’s senior vice president of global Transportation innovation. “As the industry adapts to new and pressing priorities, we’re confident that our dynamic digital expertise can equip our clients with the latest technologies to master this rapid transition, delivering world-class projects that better communities for all.”
Digital AECOM brings together the Company’s global digital-focused consulting services, hosted services products, and digital tools that enhance the delivery of core engineering and design services to help clients accelerate their digital journeys and achieve better project outcomes. Leveraging the strengths of the firm’s more than 2,000 integrated digital practitioners globally and proven AECOM technology to connect data, projects, and communities, Digital AECOM is a key enabler of the Company’s Sustainable Legacies strategy.
About AECOM
AECOM (NYSE:ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.3 billion in fiscal year 2021. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.
Forward-Looking Statements
All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, coronavirus impacts, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; impacts caused by the coronavirus and the related economic instability and market volatility, including the reaction of governments to the coronavirus, including any prolonged period of travel, commercial or other similar restrictions, the delay in commencement, or temporary or permanent halting of construction, infrastructure or other projects, requirements that we remove our employees or personnel from the field for their protection, and delays or reductions in planned initiatives by our governmental or commercial clients or potential clients; losses under fixed-price contracts; limited control over operations run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; high leverage and potential inability to service our debt and guarantees; ability to continue payment of dividends; exposure to Brexit; exposure to political and economic risks in different countries; currency exchange rate fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; AECOM Capital real estate development projects; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of various dispositions such as the sale of our Management Services, self-perform at-risk civil infrastructure and power construction, and oil & gas maintenance and turnaround businesses, including the risk that purchase price adjustments, if any, from those transactions could be unfavorable and any future proceeds owed to us as part of those transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.
Media Contact:
Brendan Ranson-Walsh
Senior Vice President, Global Communications
1.213.996.2367
Brendan.Ranson-Walsh@aecom.com
Investor Contact:
Will Gabrielski
Senior Vice President, Finance, Treasurer
1.213.593.8208
William.Gabrielski@aecom.com
