STOCK TITAN

AECOM appointed by Thames Water to new £400 million professional services framework

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

AECOM (NYSE: ACM) has been appointed by Thames Water to a new £400 million professional services framework in the UK. The FA1980 framework combines multiple existing professional services frameworks and will run for five years, with a possible three-year extension. AECOM has secured positions on four lots, leading three as primary consultant with Arcadis and GHD as subconsultants, and serving as subconsultant on the fourth lot.

The framework supports Thames Water's 2025-2030 business plan for AMP8 regulatory period, focusing on improving water and wastewater services, infrastructure upgrades, leakage prevention, and environmental enhancement. The framework covers multi-disciplinary services, infrastructure engineering, environmental services, and non-infrastructure engineering services. Currently, AECOM has 20 staff members seconded to Thames Water under the previous FA1300 framework.

AECOM (NYSE: ACM) è stata nominata da Thames Water per un nuovo framework di servizi professionali del valore di 400 milioni di sterline nel Regno Unito. Il framework FA1980 combina diversi framework di servizi professionali esistenti e avrà una durata di cinque anni, con una possibile estensione di tre anni. AECOM ha ottenuto posizioni su quattro lotti, guidando tre come consulente principale con Arcadis e GHD come subconsultanti, e fungendo da subconsultante sul quarto lotto.

Il framework supporta il piano aziendale 2025-2030 di Thames Water per il periodo regolatorio AMP8, concentrandosi sul miglioramento dei servizi idrici e fognari, aggiornamenti delle infrastrutture, prevenzione delle perdite e miglioramenti ambientali. Il framework comprende servizi multidisciplinari, ingegneria infrastrutturale, servizi ambientali e servizi di ingegneria non infrastrutturale. Attualmente, AECOM ha 20 membri dello staff distaccati presso Thames Water sotto il precedente framework FA1300.

AECOM (NYSE: ACM) ha sido designada por Thames Water para un nuevo marco de servicios profesionales de £400 millones en el Reino Unido. El marco FA1980 combina varios marcos de servicios profesionales existentes y se llevará a cabo durante cinco años, con una posible extensión de tres años. AECOM ha asegurado posiciones en cuatro lotes, liderando tres como consultora principal con Arcadis y GHD como subconsultores, y actuando como subconsultor en el cuarto lote.

El marco apoya el plan de negocio 2025-2030 de Thames Water para el periodo regulatorio AMP8, centrándose en la mejora de los servicios de agua y aguas residuales, actualizaciones de infraestructura, prevención de fugas y mejora ambiental. El marco abarca servicios multidisciplinarios, ingeniería de infraestructura, servicios ambientales y servicios de ingeniería no infraestructural. Actualmente, AECOM tiene 20 miembros del personal asignados a Thames Water bajo el anterior marco FA1300.

AECOM (NYSE: ACM)은 Thames Water에 의해 영국에서 새로운 4억 파운드 규모의 전문 서비스 프레임워크에 임명되었습니다. FA1980 프레임워크는 여러 개의 기존 전문 서비스 프레임워크를 통합하며, 5년 동안 운영되고 3년 연장이 가능합니다. AECOM은 4개 구역 중 3개를 주요 컨설턴트로, Arcadis와 GHD는 하청업체로 참여하며, 4번째 구역에서는 하청업체로 활동합니다.

이 프레임워크는 Thames Water의 2025-2030 비즈니스 계획을 지원하며, AMP8 규제 기간 동안 수자원 및 폐수 서비스 개선, 인프라 업그레이드, 유출 방지 및 환경 개선에 중점을 둡니다. 이 프레임워크는 다학제 서비스, 인프라 공학, 환경 서비스 및 비인프라 공학 서비스를 포함합니다. 현재 AECOM은 이전 FA1300 프레임워크에 따라 Thames Water에 파견된 직원 20명을 보유하고 있습니다.

AECOM (NYSE: ACM) a été désignée par Thames Water pour un nouveau cadre de services professionnels de 400 millions de livres sterling au Royaume-Uni. Le cadre FA1980 combine plusieurs cadres de services professionnels existants et sera en vigueur pendant cinq ans, avec une possible extension de trois ans. AECOM a obtenu des positions sur quatre lots, dirigeant trois en tant que consultant principal avec Arcadis et GHD en tant que sous- consultants, et agissant en tant que sous-consultant sur le quatrième lot.

Ce cadre soutient le plan d'affaires 2025-2030 de Thames Water pour la période réglementaire AMP8, en mettant l'accent sur l'amélioration des services d'eau et d'eaux usées, les mises à niveau d'infrastructure, la prévention des fuites et l'amélioration de l'environnement. Le cadre couvre des services multidisciplinaires, l'ingénierie des infrastructures, des services environnementaux et des services d'ingénierie non liés aux infrastructures. Actuellement, AECOM a 20 membres du personnel détachés auprès de Thames Water dans le cadre du précédent FA1300.

AECOM (NYSE: ACM) wurde von Thames Water für ein neues Professionaldienstleistungsrahmenwerk im Wert von 400 Millionen Pfund im Vereinigten Königreich ernannt. Das FA1980-Rahmenwerk kombiniert mehrere bestehende Professionaldienstleistungsrahmen und wird fünf Jahre lang laufen, mit einer möglichen dreijährigen Verlängerung. AECOM hat Positionen in vier Losen gesichert, leitet drei als Hauptberater unter Mitwirkung von Arcadis und GHD als Subberater und fungiert im vierten Los als Subberater.

Das Rahmenwerk unterstützt den Geschäftsplan von Thames Water für den Zeitraum 2025-2030 für AMP8, der sich auf die Verbesserung der Wasser- und Abwasserleistungen, Infrastruktur-Upgrades, Leckageverhütung und Umweltverbesserung konzentriert. Das Rahmenwerk umfasst multidisziplinäre Dienstleistungen, Infrastrukturengineering, Umweltleistungen und Dienstleistungen im Bereich Nicht-Infrastrukturengineering. Derzeit hat AECOM 20 Mitarbeiter, die unter dem vorherigen FA1300-Rahmenwerk an Thames Water entsandt wurden.

Positive
  • Secured position in £400 million framework contract
  • Lead consultant role in three out of four lots
  • Five-year contract duration with potential three-year extension
  • Expansion of services from previous framework arrangement
  • Strong existing relationship with 20 staff already seconded to Thames Water
Negative
  • None.

Insights

The £400 million Thames Water framework represents a significant strategic win for AECOM, securing positions on four lots in this consolidated professional services agreement. The 5-year contract, with a potential 3-year extension, provides steady, long-term revenue visibility and strengthens AECOM's market position in the UK water infrastructure sector. The framework's scope expansion from previous arrangements indicates potential for revenue growth and deeper market penetration.

AECOM's lead consultant role in three lots and subconsultant position in the fourth demonstrates strong competitive positioning. The company's existing relationship with Thames Water, including 20 staff secondments, provides operational continuity and reduces execution risk. This framework consolidation could lead to improved operational efficiency and higher margins through economies of scale.

This framework appointment significantly enhances AECOM's role in modernizing critical water infrastructure serving approximately 16 million customers in southeast England. The comprehensive scope covering asset, capital and engineering services positions AECOM to influence major infrastructure upgrades during the AMP8 regulatory period. The multi-disciplinary approach, combining infrastructure and non-infrastructure engineering with environmental services, allows for integrated solution delivery.

The framework's focus on preventing leakages and pollution while enhancing environmental sustainability aligns with increasing regulatory demands in the UK water sector. AECOM's technical capabilities and local experience make it well-positioned to address these complex infrastructure challenges and capitalize on the growing need for water infrastructure modernization.

New framework combines multiple existing professional services frameworks together, with AECOM winning positions on four lots.

DALLAS--(BUSINESS WIRE)-- AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced its appointment by Thames Water to a new professional services framework in the UK. This new £400 million framework, FA1980, covers asset, capital and engineering professional services, and brings together a series of separate Thames Water frameworks under a single package. Thames Water is the utility responsible for the water supply and waste-water treatment across much of south-east England, including London and the Thames Valley.

This new framework will aid the utility’s efforts to improve water and wastewater services, upgrade infrastructure, prevent leakages and pollution, and enhance the environment, as it seeks to deliver its overall 2025-2030 business plan for the UK’s Asset Management Plan Period 8 (AMP8) regulatory period.

“We’re proud to support Thames Water’s modernization and sustainability objectives as we extend our critical role in delivering AMP8 upgrades across the UK,” said Beverley Stinson, chief executive of AECOM’s global Water business. “AECOM stands as the industry’s top water supply firm, and our teams possess the unsurpassed technical capabilities and local track record needed to assist Thames Water in transforming a vast array of infrastructure that serves approximately 16 million customers.”

AECOM has won a position as the lead consultant on three lots under FA1980, with Arcadis and GHD serving as subconsultants. AECOM has also been appointed as a subconsultant on a fourth lot under a workshare agreement with Arcadis serving as lead. The new framework will run for a five-year period, with an option to extend for a further three years.

“This appointment is the latest step in our long-standing relationship with Thames Water, building on our work on previous frameworks while providing AECOM with the opportunity to expand our services on this new one,” says Colin Wood, chief executive of AECOM’s Europe and India region. “We continue to expand our presence in the water sector, providing strategic advice and technical expertise to help our clients deliver efficient, resilient and impactful outcomes. The expanded FA1980 framework enables us to bring our full breadth of specialist services to support Thames Water in the delivery of its asset and capital delivery programs.”

The three lots AECOM is leading include multi-disciplinary services, infrastructure-related engineering services and resources, and environmental services and resources, including secondment of personnel to Thames Water. The fourth lot, where AECOM is subconsultant, covers non-infrastructure-related engineering services and resources.

Preetinder Dhanoa, Capital Procurement Business Partner at Thames Water, said: “We are delighted to confirm these critical framework awards, which will be used to source asset engineering and capital professional services that are critical to the success of Thames Water’s AMP8 programme. This agreement will introduce a number of improvements to our previous arrangements, including driving value through innovation and partnership working.”

The FA1300 framework, which AECOM had been appointed to prior to this restructuring, is among the Thames Water frameworks being combined into this new effort, and AECOM currently has 20 members of staff on secondment with Thames Water under this framework.

About AECOM

AECOM (NYSE: ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2024. Learn more at aecom.com.

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, capital allocation strategy including stock repurchases, 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; potential government shutdowns or other funding circumstances that may cause governmental agencies to modify, curtail or terminate our contracts; losses under fixed-price contracts; limited control over operations that 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; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs, geopolitical events, and conflicts; currency exchange rate and interest 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; managing pension costs; AECOM Capital real estate development projects; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and result in any future proceeds owed to us as part of the 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:

Brendan Ranson-Walsh

Senior Vice President, Global Communications

1.213.996.2367

Brendan.Ranson-Walsh@aecom.com



Investor:

Will Gabrielski

Senior Vice President, Finance, Treasurer

1.213.593.8208

William.Gabrielski@aecom.com

Source: AECOM

FAQ

What is the value of AECOM's (ACM) new Thames Water framework contract?

The new Thames Water framework contract (FA1980) is valued at £400 million.

How long will AECOM's (ACM) Thames Water framework contract run?

The framework will run for five years with an option to extend for an additional three years.

How many lots did AECOM (ACM) win in the Thames Water FA1980 framework?

AECOM won positions on four lots, leading three lots as primary consultant and serving as subconsultant on the fourth lot.

What services will AECOM (ACM) provide under the Thames Water framework?

AECOM will provide multi-disciplinary services, infrastructure engineering services, environmental services, and non-infrastructure engineering services.

Aecom

NYSE:ACM

ACM Rankings

ACM Latest News

ACM Stock Data

14.75B
132.00M
0.45%
90.64%
1.4%
Engineering & Construction
Services-engineering Services
Link
United States of America
DALLAS