Press release from Business Wire
Fluor Team Executes Contract and Receives NTP on Tappan Zee Bridge Replacement in New York
Tuesday, April 30, 2013
Fluor Team Executes Contract and Receives NTP on Tappan Zee Bridge Replacement in New York18:03 EDT Tuesday, April 30, 2013
IRVING, Texas (Business Wire) -- Fluor Corporation (NYSE: FLR) announced today that Tappan Zee Constructors LLC recently received an executed contract and received a notice to proceed (NTP) from the New York State Thruway Authority for the design-build of the new Tappan Zee Hudson River Crossing Project. Tappan Zee Constructors is a Fluor-led team consisting of Fluor Enterprises, Inc., American Bridge Company, Granite Construction Northeast, Inc., and Traylor Bros., Inc.
Fluor booked its portion of the contract into backlog in the first quarter of 2013. In December 2012, the Authority's Board of Directors made the final selection to choose Tappan Zee Constructors' proposal for the landmark project.
The 3.1-mile-long Tappan Zee Bridge connects Rockland County to Westchester County in the Lower Hudson Valley (approximately 25 miles north of midtown Manhattan) and is a vital transportation link that serves approximately 138,000 vehicles per day.
The mega-project will be the single largest bridge project in New York's history. It is the state's first application of its recently enacted design-build legislation and has produced substantial savings relative to the original $5.2 billion estimated cost.
The project is currently underway and the team has established offices in Tarrytown, New York. For more information about the project and local hiring, visit www.tappanzeeconstructors.com.
About Fluor Corporation
For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered with its clients to design, build and maintain many of the world's most challenging and complex capital projects. Through its global network of offices on six continents, more than 40,000 employees provide comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, fabrication, operations, maintenance and project management. Today, the company serves a global client base in the energy, chemicals, government, industrial, infrastructure, operations & maintenance, manufacturing & life sciences, mining, power and transportation sectors. Headquartered in Irving, Texas, Fluor ranks 124 on the FORTUNE 500 list and had revenue of $27.6 billion in 2012. For more information, visit www.fluor.com.
Keith Stephens, 469-398-7624
Brian Mershon, 469-398-7621
Ken Lockwood, 469-398-7220
Jason Landkamer, 469-398-7222