AECOM Awarded US$58.8 Million in Additional Work on Doha, Qatar, Port Project
AECOM Technology Corporation, a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it has been awarded additional work on its existing six-year, US$149.3-million agreement to provide program management services to the New Doha Port project in Qatar.
The new work includes a 20-month project extension and $58.8-million add-on award. AECOM’s fees on the project are now expected to total US$208.1 million.
Undertaken by the Government of Qatar, the port project, which has a construction value of approximately US$6 billion, is currently the world’s largest “greenfield” port-development project. The add-on work is related to program management services for an expansion of Phase 1 of the new commercial port development, the addition of a Qatari naval base to the project and the creation of an industrial canal for a new economic development zone.
“This substantial addition to the project provides an excellent example of the confidence AECOM strives to earn from its clients,” said John M. Dionisio, AECOM president and chief executive officer. “We were able to win this work by leveraging our global expertise and local presence to serve this important client.”
Experts from AECOM’s industry-leading global transportation and program management practices will be joined by the company’s local construction management staff on this new port facility project. More than 3,500 AECOM employees serve clients in Qatar, the United Arab Emirates, Oman, the Kingdom of Saudi Arabia and Bahrain.
AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 51,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that enhance and sustain the world’s built, natural and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.3 billion during the 12-month period ended June 30, 2010.
Source: aecom, November 10, 2010