AECOM selected for a $90 million single-award task order for the G7 Partnership for Global Infrastructure and Investment
31 10월 2024 - 7:55PM
Business Wire
AECOM (NYSE: ACM), the world’s trusted infrastructure consulting
firm, today announced it has been awarded a single-award task order
with a $90 million ceiling by the United States Agency for
International Development (USAID) to support implementation of the
G7 Partnership for Global Infrastructure and Investment (PGI).
Launched at the G7 Summit in 2022, PGI is a collaborative effort to
facilitate investment in sustainable, high-quality infrastructure
projects in developing nations around the world in key economic
corridors with the goal of mobilizing finance to deliver clean
energy, transportation, digital, agriculture and health
infrastructure.
“We are proud to expand our decades-long partnership with USAID
to drive transformative economic development and regional
connectivity by creating infrastructure solutions that meet
international standards, address climate imperatives, and promote
good governance,” said Lara Poloni, AECOM’s president. “AECOM’s
specialized experience in infrastructure development and technical
assistance positions us as the partner of choice for federal
clients like USAID, and our role in this vital initiative will help
strengthen supply chains for clean energy and critical minerals,
enhance food security, and increase economic opportunities in
strategic corridors across the globe—advancing our commitment to
delivering Sustainable Legacies worldwide.”
In its role, AECOM will bring together technical experts to
support infrastructure development for rail, port, clean energy,
digital technology, and food security projects around the world
aligned with its Think and Act Globally strategy. Additionally,
AECOM will also offer technical advisory services related to
overcoming technical, legal, and regulatory challenges, and private
investment facilitation.
Over the last three years, the United States has mobilized more
than $60 billion towards PGI investments through federal financing,
grants and private sector investments. The U.S. government aims to
mobilize $200 billion by 2027, contributing to the broader G7
target of $600 billion by 2027.
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 $14.4 billion in fiscal year 2023. See how we are
delivering sustainable legacies for generations to come at
aecom.com and @AECOM.
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, capital allocation
strategy including stock repurchases, 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; potential government
shutdowns or other funding circumstances that may cause
governmental agencies to modify, curtail or terminate our
contracts; losses under fixed-price contracts; 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, geopolitical events, and
conflicts; 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;
managing pension costs; AECOM Capital real estate development
projects; cybersecurity issues, IT outages and data privacy; risks
associated with the benefits and costs of the sale of our
Management Services and self-perform at-risk civil infrastructure,
power construction and oil and gas businesses, including the risk
that any purchase adjustments from those transactions could be
unfavorable and result in any future proceeds owed to us as part of
the 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20241031879452/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
AECOM (NYSE:ACM)
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AECOM (NYSE:ACM)
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