U.S. Department of Energy extends AECOM-led joint venture contract at the Savannah River Site
June 08 2018 - 6:55AM
Business Wire
AECOM (NYSE:ACM), a premier, fully integrated global
infrastructure firm, announced today that the U.S. Department of
Energy’s (DOE’s) Savannah River Operations Office in Aiken, South
Carolina, has extended the current liquid waste management contract
with AECOM-led Savannah River Remediation LLC. The approximate
US$450-million extension will run from June 1, 2018, to March 31,
2019, and was included in AECOM’s backlog in the second quarter of
fiscal 2018.
“We are pleased to have been awarded this contract extension,”
said John Vollmer, president of AECOM’s Management Services group.
“AECOM has a long history of supporting the DOE at the Savannah
River Site and extensive experience in liquid waste disposition. We
are committed to safely managing the radioactive waste system at
the site while reducing the state of South Carolina’s critical
environmental risk.”
During the contract extension period, services that the
AECOM-led joint venture will perform are operating the Defense
Waste Processing Facility and Saltstone Processing Facility, and
continuing progress on the Tank Closure Cesium Removal
demonstration and construction project and the construction of
Saltstone Disposal Unit 7.
About AECOM
AECOM (NYSE:ACM) is built to deliver a better world. We design,
build, finance and operate infrastructure assets for governments,
businesses and organizations in more than 150 countries. As a fully
integrated firm, we connect knowledge and experience across our
global network of experts to help clients solve their most complex
challenges. From high-performance buildings and infrastructure, to
resilient communities and environments, to stable and secure
nations, our work is transformative, differentiated and vital.
A Fortune 500 firm, AECOM had revenue of approximately
$18.2 billion during fiscal year 2017. See how we deliver what
others can only imagine at aecom.com and @AECOM.
Forward-Looking Statements: All statements in this press release
other than statements of historical fact are "forward-looking
statements" for purposes of federal and state securities laws,
including the future term, backlog and financial impact of the
liquid waste management contract as well as other future business
and economic conditions. Actual results could differ materially
from those projected or assumed in any of our forward-looking
statements. Important risk factors that could cause actual results
to differ materially from our forward-looking statements are set
forth in AECOM’s periodic report on Form 10-Q for the quarter ended
March 31, 2018, and other reports filed with the U.S. Securities
and Exchange Commission. AECOM does not intend, and undertakes no
obligation, to update any forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20180608005096/en/
AECOMInvestors:Will Gabrielski, 213-593-8208Vice
President, Investor
RelationsWilliam.Gabrielski@aecom.comorMedia:Brendan
Ranson-Walsh, 213-996-2367Vice President, Global External
CommunicationsBrendan.Ranson-Walsh@aecom.com
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