AECOM awarded five-year, US$475 million USAID Public Financial Management II multiple-award IDIQ contract
GERMANTOWN (September 25, 2018) — AECOM, a premier, fully integrated global infrastructure firm, announced today that it has been awarded an indefinite-delivery/indefinite-quantity (IDIQ) five-year, multiple-award contract from the United States Agency for International Development (USAID) with a maximum aggregate value of US$475 million.
As part of the contract AECOM will support USAID’s Bureau for Economic Growth, Education and Environment by providing technical and advisory services, training and research to support governments in the following areas: fiscal policy and management; public financial planning, debt; operations and debt management; monetary policy, banking and central bank operations; trade and exchange rate policy; macroeconomic policy coordination and integration; trade and investment; business enabling environment; labor market analysis and policy; sectoral policy analysis and review; and planning, national income accounting and strategic development.
“We look forward to continuing to partner with USAID and supporting the agency’s efforts to promote economic growth and achieve poverty reduction,” said John Vollmer, president of AECOM’s Management Services group. “This contract vehicle offers us an opportunity to expand our service offerings to USAID while assisting developing countries to design and implement sound economic policy and public financial management systems that can facilitate good governance practices.”
Over the last 12 years, AECOM has implemented more than 500 donor-funded projects in each of these Public Financial Management (PFM) II IDIQ technical areas. This new contract will allow the firm to continue the important work of assisting developing countries to design and implement sound economic policy and public financial management systems that can facilitate good governance practices. In addressing economic growth and PFM challenges, AECOM will be able to provide inclusive, evidence-based solutions based on its extensive experience, strengthen local systems and build local stakeholder capacity to support sustainability, and stand firm in integrating gender and marginalized populations into its programming.
AECOM’s technical experts have experience working in countries along the development spectrum and tailoring their approaches to each country’s context. Examples of the firm’s technical experience include: working at the nexus of PFM and trade; improving tax and PFM policies, international competitiveness and regional trade, and banking systems and financial services; and implementing legislative and policy reforms.
AECOM, a premier, fully integrated global infrastructure firm, is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $18.2 billion during fiscal year 2017. See how we deliver what others can only imagine at aecom.com and @AECOM.
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 expected term, value and scope of the USAID contract as well as other 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 June 30, 2018, 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.
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