AECOM selected to provide engineering services for Metro Vancouver’s Stoney Creek Trunk Sewer Upgrade

Rhea-AI Summary

AECOM has been selected by Metro Vancouver to provide engineering services for the Stoney Creek Trunk Sewer Upgrade project. The new sewer pipeline will address existing capacity and odor issues and will be designed for a service life of 100 or more years.

Positive

• The Stoney Creek Trunk Sewer Upgrade project will deliver positive impacts for local communities.
• The new sewer pipeline will accommodate the current and future demands for the cities of Burnaby, Coquitlam, and Port Moody.
• AECOM will provide comprehensive engineering services covering various aspects of the design, including civil, structural, geotechnical, environmental, hydro-technical, and traffic planning.
• The project will include the design of a new sewer between existing manholes, assessment and implementation of air ventilation and odor control, and assessment of the remaining life and integrity of the existing sewer.
• The new sewer pipeline will mitigate operational challenges caused by the existing sewer's location in an environmentally sensitive area and its bottom-of-ravine placement.
• The project aims to develop resilient and cost-effective design solutions for the Stoney Creek Trunk Sewer that meet performance requirements.
• The new sewer pipeline is expected to have a service life of 100 or more years.

Negative

• None.

New sewer pipeline will address sewerage and drainage needs for the Metro Vancouver region

DALLAS--(BUSINESS WIRE)-- AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that it has been selected by Metro Vancouver to provide engineering services for the design and construction of the Stoney Creek Trunk Sewer Upgrade project. In this role, AECOM will help to replace the trunk sewer to accommodate the current and future demands for the cities of Burnaby, Coquitlam, and Port Moody. Once complete, the new sewer pipeline will address existing capacity and odor issues while adhering to the latest standards of quality and sustainability.

"The Stoney Creek Trunk Sewer Upgrade project is a critical initiative that will deliver positive impacts for local communities," said Richard Barrett, chief executive of AECOM’s Canada region. "We are excited to bring together the best of our wastewater conveyance expertise to address existing sewerage and drainage challenges and support the needs of the Metro Vancouver region for years to come."

AECOM will provide comprehensive engineering services that cover civil, structural, geotechnical, environmental, hydro-technical, and traffic planning aspects of the design. Its scope of work includes the design of a new sewer between existing manholes at the intersections of North Road and Rathburn Drive, Government Street and Cariboo Road, assessment and implementation of air ventilation and odor control, and assessment of the remaining life and integrity of the existing sewer. The local team of design leads, advisors, environmental professionals, and junior staff will be supplemented by expert knowledge in trenchless technologies, hydraulics, and condition assessment from across AECOM.

“We are proud to partner with Metro Vancouver leveraging our industry-leading water capabilities to deliver this important project,” said Beverley Stinson, chief executive of AECOM’s global Water business. “Built on a foundation of local talent enhanced by a vast global knowledge network, we look forward to developing resilient and cost-effective design solutions for the Stoney Creek Trunk Sewer that best meet their performance requirements.”

The Stoney Creek Trunk Sewer, originally installed in 1959, has become undersized due to substantial regional growth and increased groundwater infiltration due to aging infrastructure. The existing sewer is situated in an environmentally sensitive area and has had operational challenges, further intensified by its location at the bottom of a steep ravine and several direct home service connections. The new sewer pipeline will mitigate these challenges and is expected to contribute to operationally safe, efficient and reliable infrastructure that will be designed for a service life of 100 or more years.

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 $13.1 billion in fiscal year 2022. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

About Metro Vancouver

Metro Vancouver is a diverse organization that plans for and delivers regional utility services, including water, sewers and wastewater treatment, and solid waste management. It also regulates air quality, plans for urban growth, manages a regional parks system, provides affordable housing, and serves as a regional federation. The organization is a federation of 21 municipalities, one electoral area, and one treaty First Nation located in the region of the same name. The organization is governed by a Board of Directors of elected officials from each member jurisdiction.

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, 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; 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; 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; AECOM Capital real estate development projects; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the expected benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas construction businesses, including the risk that any contingent purchase price adjustments from those transactions could be unfavorable and result in lower aggregate cash proceeds and any future proceeds owed to us under those 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231101268022/en/

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 is the Stoney Creek Trunk Sewer Upgrade project?

The Stoney Creek Trunk Sewer Upgrade project is an initiative to replace the existing trunk sewer to accommodate the current and future demands for the cities of Burnaby, Coquitlam, and Port Moody.

Who has been selected to provide engineering services for the project?

AECOM has been selected by Metro Vancouver to provide engineering services for the Stoney Creek Trunk Sewer Upgrade project.

What will the new sewer pipeline address?

The new sewer pipeline will address existing capacity and odor issues while adhering to the latest standards of quality and sustainability.

What aspects of the design will AECOM cover?

AECOM will provide comprehensive engineering services covering civil, structural, geotechnical, environmental, hydro-technical, and traffic planning aspects of the design.

What challenges will the new sewer pipeline mitigate?

The new sewer pipeline will mitigate operational challenges caused by the existing sewer's location in an environmentally sensitive area and its bottom-of-ravine placement.

What is the expected service life of the new sewer pipeline?

The new sewer pipeline will be designed for a service life of 100 or more years.