Press release from Business Wire
AECOM-led consortium awarded US$85-million contract for the new Princess Grace hospital in Monaco
Thursday, April 25, 2013
AECOM-led consortium awarded US$85-million contract for the new Princess Grace hospital in Monaco07:00 EDT Thursday, April 25, 2013
LOS ANGELES (Business Wire) -- AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for public and private clients in more than 140 countries around the world, announced today that an AECOM-led consortium was awarded a US$85-million contract for the new Princess Grace hospital in Monaco. AECOM's fees for the project are expected to be approximately US$18 million.
AECOM will act as consortium lead and program manager for the approximately 968,750-square-foot, 400-room hospital. The consortium was selected after being one of three groups invited to participate in a design competition for the new hospital.
In addition to AECOM, the consortium includes AIA Associes as international architect, the Monaco architect Natacha Morin Innocenti, AIA Ingénierie for heating, ventilation and air conditioning design and sustainability, and Tractebel Engineering SA for foundations and structural design.
“AECOM is excited to work with our consortium partners in playing a significant role in imagining and creating an innovative design for this prestigious project,” said John M. Dionisio, AECOM chairman and chief executive officer. “I look forward to the team delivering a state-of-the-art hospital to serve Monaco's residents and visitors for decades to come.”
Design work for the new hospital is expected to begin in July and last for two years, followed by a 10-year construction period reflecting the highly constrained site and the need to minimize impact on the existing hospital.
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 45,000 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 create, enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 140 countries and had revenue of $8.2 billion during the 12 months ended Dec. 31, 2012. More information on AECOM and its services can be found at www.aecom.com.
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 any projections of earnings, statements of plans for future operations or expected revenue. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended Dec. 31, 2012, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.
AECOM Technology Corporation
Paul Dickard, 646-432-8473
VP, External Communications