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AECOM secures positions on Transport for London engineering consultancy framework

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AECOM (NYSE: ACM) has secured positions on over 30 Lots of the Transport for London Engineering Consultancy Framework, including Multidisciplinary Engineering Services and Multidisciplinary Rail Engineering Services. This four-year framework will enable AECOM to provide engineering consultancy services to TfL and various London authorities. AECOM has a longstanding partnership with TfL, having contributed to major projects like Crossrail and Bakerloo Line Extension. The new framework is set to enhance service offerings in London infrastructure improvements.

Positive
  • Secured positions on over 30 Lots of TfL Engineering Consultancy Framework.
  • Expansion of service offerings and engineering disciplines.
  • Long-term partnership with TfL, enhancing credibility and trust.
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  • None.

AECOM expands its range of services under new framework to support maintenance, improvements and upgrades to London Infrastructure

DALLAS--(BUSINESS WIRE)-- AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it has won places on over 30 Lots of the Transport for London (TfL) Engineering Consultancy Framework (ECF), including places on the strategic Multidisciplinary Engineering Services and Multidisciplinary Rail Engineering Services Lots. The four-year framework will be the primary means of accessing engineering consultancy services for TfL, the Greater London Authority, all 32 London borough councils and the City of London.

“This important framework builds on our long-term relationship with TfL, expanding our scope of services and technical disciplines available to them,” said Lara Poloni, AECOM’s president. “The framework enables us to bring our full breadth of diverse services to every project, supporting TfL as it continues to improve every journey for people who live and travel in London.”

The new framework replaces the TfL Rail Engineering and Multidisciplinary Services frameworks and is expected to support the delivery of a range of projects and programs across all TfL infrastructure, including major station upgrades, surface works, oversite developments and line extensions.

The framework Lots cover multidisciplinary engineering services, specialist engineering services, engineering architectural services, highways engineering and rail engineering.

AECOM has worked with TfL since its inception across all transport modes and has supported the delivery of transformative programs such as Crossrail, Cycle Superhighways and Healthy Streets. Other current projects with TfL include DLR Thamesmead and Bakerloo Line Extension.

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 $13.3 billion in fiscal year 2021. 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 sale of our Management Services and self-perform at-risk civil infrastructure and power construction businesses, including the risk any purchase adjustments from those transactions could be unfavorable and 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.

Investors:

Will Gabrielski

Senior Vice President, Finance, Treasurer

213.593.8208

William.Gabrielski@aecom.com



Media:

Brendan Ranson-Walsh

Vice President, Global Communications & Corporate Responsibility

213.996.2367

Brendan.Ranson-Walsh@aecom.com

Source: AECOM

FAQ

What new framework has AECOM been awarded related to London infrastructure?

AECOM has been awarded positions on over 30 Lots of the Transport for London Engineering Consultancy Framework.

What is the significance of the TfL Engineering Consultancy Framework for AECOM?

The framework allows AECOM to expand its range of engineering consultancy services and strengthen its relationship with TfL.

How long is the TfL Engineering Consultancy Framework expected to last?

The TfL Engineering Consultancy Framework is a four-year program.

What types of services will AECOM provide under the new TfL framework?

AECOM will provide multidisciplinary engineering, specialist engineering, and architectural services, among others.

What major projects has AECOM worked on with TfL?

AECOM has worked on significant projects including Crossrail and the Bakerloo Line Extension.

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