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AECOM appointed to Northern Ireland Water’s Professional Services Framework

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AECOM (NYSE: ACM) has been appointed to Northern Ireland Water's IF182 Professional Services Framework to deliver asset management, design, site supervision, program and project management services. The company will support NI Water's strategic objectives in two key areas:

1. Lot 1: Civil and mechanical, electrical, instrumentation, control and automation (MEICA) site supervision services.
2. Lot 3: Feasibility, design, project management, and climate change management services.

This appointment builds on AECOM's decades-long partnership with NI Water and aligns with the utility's long-term strategy for delivering high-quality drinking water, protecting the environment, and supporting sustainable growth. The framework covers the remaining three years of price control period PC21 and extends into PC27, with an initial duration of four years and potential for a four-year extension.

AECOM (NYSE: ACM) è stata nominata per il Framework dei Servizi Professionali IF182 di Northern Ireland Water per fornire servizi di gestione degli asset, design, supervisione del sito, programmazione e gestione dei progetti. L'azienda supporterà gli obiettivi strategici di NI Water in due aree chiave:

1. Lot 1: Servizi di supervisione del sito civili e meccanici, elettrici, di strumentazione, controllo e automazione (MEICA).
2. Lot 3: Servizi di fattibilità, design, gestione dei progetti e gestione del cambiamento climatico.

Questa nomina si basa sulla partnership decennale di AECOM con NI Water e si allinea con la strategia a lungo termine dell'utility per fornire acqua potabile di alta qualità, proteggere l'ambiente e supportare la crescita sostenibile. Il framework copre i restanti tre anni del periodo di controllo dei prezzi PC21 e si estende fino al PC27, con una durata iniziale di quattro anni e la possibilità di una proroga di quattro anni.

AECOM (NYSE: ACM) ha sido nombrada para el Marco de Servicios Profesionales IF182 de Northern Ireland Water para proporcionar servicios de gestión de activos, diseño, supervisión de sitios, programación y gestión de proyectos. La empresa apoyará los objetivos estratégicos de NI Water en dos áreas clave:

1. Lote 1: Servicios de supervisión de sitios civiles y mecánicos, eléctricos, de instrumentación, control y automatización (MEICA).
2. Lote 3: Servicios de viabilidad, diseño, gestión de proyectos y gestión de cambio climático.

Este nombramiento se basa en la asociación de décadas de AECOM con NI Water y se alinea con la estrategia a largo plazo de la empresa de servicios públicos para proporcionar agua potable de alta calidad, proteger el medio ambiente y apoyar el crecimiento sostenible. El marco cubre los tres años restantes del período de control de precios PC21 y se extiende a PC27, con una duración inicial de cuatro años y la posibilidad de una extensión de cuatro años.

AECOM (NYSE: ACM)는 북아일랜드수자원의 IF182 전문 서비스 프레임워크에 선정되어 자산 관리, 설계, 현장 감독, 프로그램 및 프로젝트 관리 서비스를 제공할 것입니다. 이 회사는 북아일랜드수자원의 전략적 목표를 두 가지 주요 분야에서 지원할 것입니다:

1. 1군: 토목 및 기계, 전기, 계측, 제어 및 자동화(MEICA) 현장 감독 서비스.
2. 3군: 타당성, 설계, 프로젝트 관리 및 기후 변화 관리 서비스.

이번 임명은 AECOM의 북아일랜드수자원과의 수십 년 간의 파트너십을 바탕으로 하며, 고품질의 식수를 제공하고 환경을 보호하며 지속 가능한 성장을 지원하기 위한 공공 유틸리티의 장기 전략과 일치합니다. 이 프레임워크는 가격 통제 기간 PC21의 남은 3년을 포함하며 PC27로 연장되며, 초기 기간은 4년이고 4년의 연장 가능성이 있습니다.

AECOM (NYSE: ACM) a été désignée dans le cadre des Services Professionnels IF182 de Northern Ireland Water pour fournir des services de gestion des actifs, de conception, de supervision de sites, de programmation et de gestion de projets. L'entreprise soutiendra les objectifs stratégiques de NI Water dans deux domaines clés :

1. Lot 1: Services de supervision de sites civils et mécaniques, électriques, d'instrumentation, de contrôle et d'automatisation (MEICA).
2. Lot 3: Services de faisabilité, de conception, de gestion de projets et de gestion du changement climatique.

Cette nomination s'appuie sur le partenariat de plusieurs décennies d'AECOM avec NI Water et s'aligne avec la stratégie à long terme de l'entreprise pour fournir de l'eau potable de haute qualité, protéger l'environnement et soutenir une croissance durable. Le cadre couvre les trois années restantes de la période de contrôle des prix PC21 et s'étend jusqu'à PC27, avec une durée initiale de quatre ans et la possibilité d'une extension de quatre ans.

AECOM (NYSE: ACM) wurde für das Professionelle Dienstleistungsrahmenwerk IF182 von Northern Ireland Water ernannt, um Asset-Management-, Design-, Baustellenüberwachungs-, Programm- und Projektmanagement-Dienstleistungen bereitzustellen. Das Unternehmen wird die strategischen Ziele von NI Water in zwei wichtigen Bereichen unterstützen:

1. Los 1: Bau- und mechanische, elektrische, Instrumentierungs-, Steuerungs- und Automatisierungs (MEICA) Baustellenüberwachungsdienste.
2. Los 3: Machbarkeits-, Design-, Projektmanagement- und Klimawandelmanagement-Dienstleistungen.

Diese Ernennung baut auf der jahrzehntelangen Partnerschaft von AECOM mit NI Water auf und steht im Einklang mit der langfristigen Strategie des Versorgungsunternehmens, hochwertige Trinkwasserversorgung zu gewährleisten, die Umwelt zu schützen und nachhaltiges Wachstum zu unterstützen. Das Rahmenwerk umfasst die verbleibenden drei Jahre der Preisregulierungsperiode PC21 und erstreckt sich bis PC27, mit einer anfänglichen Dauer von vier Jahren und der Möglichkeit einer vierjährigen Verlängerung.

Positive
  • Appointment to two lots in NI Water's Professional Services Framework
  • Builds on AECOM's long-term partnership with NI Water
  • Potential for up to 8 years of work (4-year initial term with 4-year extension option)
  • Aligns with NI Water's £1.2bn Living with Water Program
  • Leverages AECOM's global capabilities and local expertise
Negative
  • None.

Insights

AECOM's appointment to NI Water's Professional Services Framework is a positive development for the company's long-term revenue prospects. While the immediate financial impact may be , this four-year contract with potential for a four-year extension provides a stable revenue stream and strengthens AECOM's position in the UK water infrastructure market. The framework covers critical areas such as asset management and project management, aligning with AECOM's core competencies. The company's involvement in NI Water's £1.2 billion Living with Water Program further underscores the potential for significant project opportunities. However, investors should note that the specific financial terms and project values are not disclosed, making it challenging to quantify the exact impact on AECOM's bottom line. Overall, this appointment reinforces AECOM's market position and provides a foundation for potential growth in the water infrastructure sector.

AECOM's involvement in NI Water's framework is significant from an environmental perspective. The focus on sustainable water and wastewater solutions aligns with growing global emphasis on environmental stewardship. AECOM's role in climate change management services (Lot 3) is particularly noteworthy, as it positions the company at the forefront of addressing critical environmental challenges in water infrastructure. The project's scope, including upgrading wastewater treatment works and pumping stations, will likely contribute to improved water quality and reduced environmental impact. This aligns with the trend of water utilities globally investing in infrastructure to meet stricter environmental regulations. For AECOM, this presents an opportunity to showcase its expertise in sustainable solutions, potentially leading to similar contracts in other regions facing water infrastructure challenges.

This appointment strengthens AECOM's position as a key player in water infrastructure consulting. The company's selection for both site supervision (Lot 1) and project management services (Lot 3) demonstrates its comprehensive capabilities in the water sector. The long-term nature of the framework, potentially extending to eight years, provides AECOM with a stable platform for showcasing its expertise and potentially expanding its role in future projects. The emphasis on cutting-edge insights and technologies suggests that AECOM will be able to leverage its global experience to bring innovative solutions to NI Water's challenges. This could lead to increased efficiency and cost-effectiveness in project delivery, benefiting both AECOM and NI Water. The 'One Team' collaborative approach mentioned for ongoing projects indicates a trend towards more integrated project delivery models, which could become a competitive advantage for AECOM in securing future contracts.

The Company will deliver asset management, design, site supervision, program and project management services to support Northern Ireland Water’s strategic objectives.

DALLAS--(BUSINESS WIRE)-- AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, announced that it is one of the companies that have been appointed by Northern Ireland Water (NI Water) to deliver asset management, design, site supervision, program and project management services on its IF182 Professional Services Framework, supporting projects from inception through delivery. AECOM has been appointed to two lots on the Framework, which is designed to help realize NI Water’s ambitious capital programs that will provide sustainable water and wastewater solutions.

“We look forward to building on our long-term partnership with NI Water, deploying cutting-edge insights and technologies drawn from AECOM’s global capabilities,” said Beverley Stinson, chief executive of AECOM’s global Water business. “Our local expertise and success on large-scale water infrastructure improvements prepare us to deliver sustainable solutions that help NI Water advance its business, customer and environmental objectives.”

As a Lot 1 Framework supplier, AECOM will deliver civil and mechanical, electrical, instrumentation, control and automation (MEICA) site supervision services. As a Lot 3 Framework supplier, AECOM will offer support on feasibility, design, project management and climate change management services. This latest appointment builds on AECOM’s long legacy of delivery for NI Water that spans several decades.

“We are proud of AECOM’s multi-decade track record of partnering with NI Water and water companies across the United Kingdom and Ireland as they seek to improve their sustainability outcomes,” said Colin Wood, chief executive of AECOM’s Europe & India region. “Our integrated, collaborative approach to program delivery has made us a trusted partner in the ongoing modernization of the region’s water infrastructure, including on an increasing number of substantial water investments as part of the AMP8 period, and will help ensure the delivery of safe, reliable drinking water and wastewater services while protecting the environment.”

NI Water supplies 605 million liters of drinking water daily and treats 362 million liters of wastewater every day. The IF182 Professional Services Framework covers the remaining three years of price control period PC21 and into PC27, supporting NI Water’s long-term strategy focused on delivering high quality drinking water, protecting and enhancing the natural environment and efficiently delivering infrastructure to underpin sustainable growth.

AECOM’s appointment to the framework is for an initial duration of four years, with options to extend it by an additional four years. It follows an extensive pipeline of work for NI Water, including the upgrade of Kinnegar Wastewater Treatment Works (WwTW) and Sydenham Wastewater Pumping Station (WwPS). Working in a collaborative ‘One Team’ approach with construction partners, it is providing design services for these major projects, which are key components of Northern Ireland Water’s £1.2bn Living with Water Program.

About AECOM

AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, 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 and digital expertise, 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 $14.4 billion in fiscal year 2023. 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, 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 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

Source: AECOM

FAQ

What services will AECOM provide under the NI Water Framework?

AECOM will provide asset management, design, site supervision, program and project management services. Specifically, they will deliver civil and MEICA site supervision services (Lot 1), and feasibility, design, project management, and climate change management services (Lot 3).

How long is AECOM's appointment to the NI Water Framework?

AECOM's appointment is for an initial duration of four years, with options to extend it by an additional four years, potentially covering up to eight years of work.

What is the significance of this appointment for AECOM (ACM)?

This appointment strengthens AECOM's long-term partnership with NI Water, allows the company to leverage its global capabilities and local expertise, and positions it to contribute to NI Water's £1.2bn Living with Water Program and long-term strategic objectives.

What are NI Water's key objectives that AECOM will support?

AECOM will support NI Water's objectives of delivering high-quality drinking water, protecting and enhancing the natural environment, and efficiently delivering infrastructure to underpin sustainable growth.

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