AECOM awarded transit contract from Metrolinx with CA$100-million maximum value
LOS ANGELES (April 14, 2016) — AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, announced today that it has been selected to provide technical advisory services on the Hurontario Light Rail Transit (LRT) project in Mississauga and Brampton, Canada, and the Hamilton LRT project in Hamilton, Canada, for Metrolinx, an agency of the Government of Ontario.
The seven-year contract has a CA$100-million aggregate maximum value. The Hurontario LRT and Hamilton LRT projects are part of the largest infrastructure investment in Ontario’s history and are expected to have an impressive impact on regional transit by providing crucial links between many of the existing lines, as well as on the local economy, by creating jobs and attracting more investments in the area.
AECOM will lead the development of the reference concept designs, project specific output specifications and related design and planning activities; provide assistance with the Alternative Financing and Procurement request for quotation/request for proposal development and related in-market support; and support the construction and implementation phases providing technical compliance oversight and acting in an associated advisory role.
“We are excited to be a part of such important infrastructure projects for Ontario, which will improve mobility for people moving through these corridors and connect them to the region’s existing transit lines,” said Michael S. Burke, AECOM Chairman and Chief Executive Officer. “This is a great opportunity to again demonstrate AECOM’s proficiency in delivering complex and essential transportation projects around the world.”
The Hurontario LRT project will consist of 20 kilometers (12 miles) of new light rail installation along Hurontario Street from Port Credit GO Station to Brampton Gateway Terminal. Twenty-two stops and a service loop in the downtown Mississauga City Centre/Square One area will be included, as well as a maintenance storage facility in the Highway 407 area. An estimated up to CA$1.4 billion capital cost will be provincially funded.
The Hamilton LRT project will include approximately 13 kilometers (8 miles) of new light rail that will connect McMaster University through downtown Hamilton to Queenston Circle as well as a connection to the West Harbour GO Station and potentially the waterfront. The project also includes a high-order pedestrian connection to the Hamilton GO Centre Station, and a maintenance and storage facility. The estimated up to CA$1 billion capital cost for this project will also be provincially funded.
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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 Metrolinx transit contract, the funding for the Hurontario and Hamilton Light Rail Transit projects 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 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