Army Corps picks URS for Iraq project

URS Corp. announced that, as managing partner of a joint venture with Louis Berger Group Inc., it has been awarded an indefinite contract with the U.S. Army Corps of Engineers, Gulf Region District, for $300 million to $1.2 billion to provide construction management and design services for military construction, infrastructure rehabilitation and reconstruction projects in Iraq...

Sep 15th, 2004

SAN FRANCISCO, Sept. 14, 2004 (BUSINESS WIRE) -- URS Corp. announced that, as managing partner of a joint venture with Louis Berger Group Inc., it has been awarded an indefinite delivery/indefinite quantity contract with the U.S. Army Corps of Engineers, Gulf Region District, to provide construction management and design services for military construction, infrastructure rehabilitation and reconstruction projects in Iraq.

Under the terms of the contract, as the Army Corps of Engineers issues specific task orders, the joint venture will provide construction management and design services for facilities and infrastructure projects. The contract, which includes a one-year base period and four additional one-year option periods, has a maximum value to the joint venture of $300 million for the one-year base period and $1.2 billion over the full five years assuming all option years are exercised.

San Francisco-based URS Corp. (www.urscorp.com) offers a comprehensive range of professional planning and design, systems engineering and technical assistance, program and construction management, and operations and maintenance services for surface transportation, air transportation, rail transportation, industrial process, facilities and logistics support, water/wastewater treatment, hazardous waste management and military platforms support. URS operates in more than 20 countries with about 27,000 employees providing engineering and technical services to federal, state and local governmental agencies as well as private clients in the chemical, manufacturing, pharmaceutical, forest products, mining, oil and gas, and utilities industries.

###

More in Infrastructure Funding