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AECOM awarded third consecutive contract with United States Agency for International Development
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AECOM (NYSE: ACM) has secured its third consecutive IDIQ contract with the USAID, valued at a shared program ceiling of $800 million. This five-year partnership allows AECOM to provide vital architecture and engineering services, enhancing USAID's capabilities in addressing global infrastructure and humanitarian needs. The services cover various sectors including water resources, environmental concerns, transportation, and healthcare. AECOM has a longstanding relationship with USAID, contributing to projects in over 80 countries.
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Awarded third consecutive IDIQ contract with USAID, valued at $800 million.
Partnership with USAID extends for another five years, enhancing service delivery.
AECOM's services include critical areas like water resources, transportation, and healthcare.
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DALLAS--(BUSINESS WIRE)--
AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it has been awarded its third consecutive indefinite delivery, indefinite quantity (IDIQ) contract to provide global architecture and engineering services to the United States Agency for International Development (USAID). The multiple-award contract, with a shared program ceiling of $800 million, renews AECOM’s partnership with USAID for another five years.
“Since the 1960s, AECOM has partnered with USAID to deliver high-quality, impactful solutions in support of its transformative and vital work,” said Karl Jensen, executive vice president of AECOM’s National Governments business. “We’re honored to work with USAID as it continues to increase its agility in responding to new challenges and changing realities around the world.”
Under the new contract, AECOM will provide engineering design, construction management, and related support to strengthen USAID’s efficiency in responding to critical infrastructure development and humanitarian needs. This includes short- and long-term services related to water resources and supply, environmental concerns, transportation, energy, telecommunications, and healthcare and education facilities.
“We’re proud to provide USAID with a highly skilled network of technical and development-oriented professionals who understand the impact of this work,” said Lara Poloni, AECOM’s president. “By extending our relationship, we’re able to deliver seamless support that maximizes the talents of our local teams, global knowledge hubs, and specialized experts, bolstering the agency’s ability to adapt and furthering our commitment to helping communities around the world become more resilient, sustainable, and self-reliant.”
USAID administers the U.S. foreign assistance program providing economic and humanitarian assistance in more than 80 countries worldwide. AECOM has previously worked on a broad range of USAID programs, such as addressing the impacts of climate change on agriculture in South America; responding to the impacts of natural disasters on transportation, energy, and health infrastructure in Central America; and providing innovative solutions to help solve water and sanitation infrastructure challenges in the Middle East, Africa, and Asia.
AECOM is committed to delivering its transformative environmental, social, and governance objectives through its Sustainable Legaciesstrategy, ensuring the work it does in partnership with clients leaves a positive impact for years to come.
About AECOM
AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from 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 expertise and innovation, 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 $13.2 billion in fiscal year 2020. 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, coronavirus impacts, 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; impacts caused by the coronavirus and the related economic instability and market volatility, including the reaction of governments to the coronavirus, including any prolonged period of travel, commercial or other similar restrictions, the delay in commencement, or temporary or permanent halting of construction, infrastructure or other projects, requirements that we remove our employees or personnel from the field for their protection, and delays or reductions in planned initiatives by our governmental or commercial clients or potential clients; losses under fixed-price contracts; limited control over operations 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; high leverage and potential inability to service our debt and guarantees; exposure to Brexit; exposure to political and economic risks in different countries; currency exchange rate 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; AECOM Capital real estate development projects; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the Power transaction and other recent acquisitions and divestitures, including the risk that the expected benefits of such transactions or any contingent purchase price will not be realized within the expected time frame, in full or at all; the risk that costs of restructuring transactions and other costs incurred in connection with recent acquisitions and divestitures will exceed our estimates or otherwise adversely affect our business or operations; 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.
