Fluor-Led Joint Venture Breaks Ground on Maryland Purple Line
August 28 2017 - 1:50PM
Business Wire
Full Funding Grant Agreement Signed
Fluor Corporation (NYSE: FLR) announced today that the Purple
Line Transit Partners joint venture team, comprised of Fluor,
Meridiam Infrastructure Purple Line, LLC, and Star America Purple
Line, LLC, broke ground on the Purple Line Light Rail project for
the Maryland Department of Transportation (MDOT) and the Maryland
Transit Administration (MTA).
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Maryland Governor Larry Hogan, U.S.
Transportation Secretary Elaine Chao and other dignitaries break
ground on the Maryland Purple Line light-rail project. (Photo:
Business Wire)
The groundbreaking was capped off with the signing of the U.S.
Department of Transportation Federal Transit Administration’s (FTA)
Full Funding Grant Agreement (FFGA) of $900 million from its
Capital Investment Grant Program. Receiving the FFGA advances a
16-mile new transit option for Maryland residents in one of the
most highly congested corridors in the nation.
“Fluor is honored to break ground today on the second transit
public-private partnership project in the U.S.,” said Hans Dekker,
president of Fluor’s infrastructure business line. “We bring robust
megaproject experience and industry-leading abilities to
successfully design, build, finance and manage complex projects.
Fluor and our partners are currently operating the Denver Eagle P3
commuter rail project, the only other transit P3 in the country and
we look forward to building on its success to deliver the Purple
Line.”
Fluor is participating in the entire 36-year life cycle of the
$5.6 billion project. Fluor is the managing partner of the
design-build team, Purple Line Transit Constructors, comprised of
Fluor Enterprises Inc., The Lane Construction Corporation and
Traylor Bros., Inc. Following the construction, Purple Line Transit
Operators, a Fluor-led team comprising Fluor Enterprises, Inc.,
Alternate Concepts, Inc., and CAF USA, Inc., will provide 30 years
of operations and maintenance services.
Located in the Washington Metropolitan Region, the project
includes 21 stations along a 16-mile alignment extending from
Bethesda, Maryland, in Montgomery County to New Carrollton,
Maryland, in Prince George’s County. This new line will provide
connections to several existing transit providers and improve
mobility to major economic and job centers, as well as the
University of Maryland in College Park. Passenger service is
scheduled to begin in early 2022.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering,
procurement, fabrication, construction and maintenance company that
designs, builds and maintains capital-efficient facilities for its
clients on six continents. For more than a century, Fluor has
served its clients by delivering innovative and integrated
solutions across the globe. With headquarters in Irving, Texas,
Fluor ranks 149 on the Fortune 500 list with revenue of $19 billion
in 2016 and has more than 60,000 employees worldwide. For more
information, please visit www.fluor.com or follow Fluor on social
media at Facebook, Twitter, LinkedIn and YouTube.
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Fluor CorporationMedia RelationsBrian Mershon,
469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff
Telfer, 469-398-7070orJason Landkamer, 469-398-7222
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