AECOM announced today that it has been awarded a US$94.6-million program management contract for the final phase of the Los Angeles Community College District\u2019s (LACCD) building program.<\/p>\n
The LACCD\u2019s building program is a 14-year, US$6-billion program that is modernizing and renovating the district\u2019s nine colleges and related facilities for students, faculty and staff, funded primarily through taxpayer-approved bonds with supplemental funding from the state of California.<\/p>\n
As program manager, AECOM will manage funds to achieve the goals of first-rate results and maximum value for taxpayers.\u00a0 The final phase will follow a more centralized structure following the LACCD\u2019s recent reforms, including strict oversight and a transparent process for completing the building project, resulting in the remaining US$2.7-billion in funds being spent efficiently and effectively.<\/p>\n
\u201cI look forward to AECOM partnering with the LACCD on this great project that will directly benefit the local Los Angeles community,\u201d said AECOM Chairman and Chief Executive Officer John M. Dionisio.\u00a0 \u201cI am proud that we will be able to utilize AECOM\u2019s expertise and forward-looking approaches to support the building project and deliver benefits to taxpayers.\u201d<\/p>\n
The building program\u2019s final phase is expected to be completed within five years.<\/p>\n
About AECOM 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. \u00a0Actual results could differ materially from those projected or assumed in any of our forward-looking statements. \u00a0Important 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 March 31, 2013, and our other reports filed with the U.S. Securities and Exchange Commission. \u00a0AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.<\/i><\/p>\n <\/p>\n NR 13-0505<\/p>\n Source: AECOM Technology Corporation<\/p>\n Media Contact:<\/p>\n Paul Dickard<\/p>\n Vice President, External Communications<\/p>\n 646-432-8473<\/p>\n
\n<\/b>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. \u00a0With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. \u00a0AECOM 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. \u00a0A Fortune 500<\/i> company, AECOM serves clients in more than 140 countries and had revenue of $8.2 billion during the 12 months ended March 31, 2013. \u00a0More information on AECOM and its services can be found at aecom.com\/taiwan<\/a>.<\/p>\n