Black & Veatch and AECOM win iconic Singapore water project

  Black & Veatch and AECOM win iconic Singapore water project

Joint venture to extend multi-billion-dollar used-water “superhighway”

Business Wire

LOS ANGELES -- June 3, 2014

A joint venture between Black & Veatch and AECOM (NYSE:ACM) has been selected
by PUB, Singapore’s national water agency, to provide engineering services for
Phase 2 of the Deep Tunnel Sewerage System(DTSS).

The B&V+AECOM (Black & Veatch and AECOM) joint venture team will work with PUB
to shape one of the most significant and anticipated water projects in Asia.

Freeing up land for other higher-value developments, supporting the production
of NEWater, improving energy efficiencies and potentially leveraging the
water-energy-waste nexus are some of the key sustainability goals of DTSS
Phase 2.

“The project’s vision underlines PUB’s innovation and global leadership in
sustainable water solutions,” said Cindy Wallis-Lage, president of Black &
Veatch’s water business. “It is a privilege to team with AECOM and PUB in
setting a new standard in reliable, flexible and energy-efficient
infrastructure that promotes water sustainability for the future.”

“We have assembled a compelling joint venture team of world-class local and
global experts, who look forward to delivering a sustainable infrastructure
solution,” said Michael S. Burke, AECOM president and chief executive officer.
“We are honored to be a part of the DTSS project, which will enhance
Singapore’s water sustainability and resilience — solidifying its place as a
leader in the global water industry.”

DTSS Phase 2 will extend DTSS to the western side of Singapore through an
18.6-mile-long South Tunnel, nearly 44 miles of link sewers, the Tuas Water
Reclamation Plant (WRP) and an estimated 7.5-mile deep-sea outfall. The entire
DTSS will result in a 50-percent reduction in land taken by used-water
infrastructure with three centralized collection and treatment points: Changi
WRP in the east; Kranji WRP in the north; and Tuas WRP in the west.

A NEWater factory will be integrated with the Tuas WRP and contribute to
Singapore’s long-term goal of increasing NEWater production to meet up to 55
percent of its total water demand. In addition, working with Singapore’s
National Environment Agency, an integrated waste management facility will be
co-located at the Tuas WRP site. This offers potential opportunities to
integrate used-water and solid-waste treatments to maximize energy and
resource recovery.

The B&V+AECOM (Black & Veatch and AECOM) joint venture will conduct a
feasibility study and preliminary design as part of the first stage of the
project. As the lead consultant, the team will program manage the delivery of
DTSS Phase 2 in the second stage of the project. Supporting Black & Veatch and
AECOM will be Ramboll, a leading consulting engineering company from Denmark,
and KPMG. During the course of the project, the team will also explore ways to
collaborate on ideas with key tertiary institutions in Singapore.

The contract was signed today at a ceremony at Singapore International Water
Week 2014, which included guest of honor, Dr. Vivian Balakrishnan, minister of
Environment and Water Resources.

About Black & Veatch

Black & Veatch is an employee-owned, global leader in building Critical Human
Infrastructure™ in Energy, Water, Telecommunications and Government Services.
Since 1915, we have helped our clients improve the lives of people in over 100
countries through consulting, engineering, construction, operations and
program management. Our revenues in 2013 were US$3.6 billion. Follow us on
www.bv.com and in social media.

About AECOM

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 150 countries and had revenue of
$8.0billion during the 12 months ended March 31, 2014. 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 March 31, 2014, 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.

NR 14-0601

Contact:

Media for Black & Veatch:
KEITH MORRISON
+65 6738-4022 ext 607 p
+65 9666-5214 m
MorrisonKW@BV.com
or
24-HOUR MEDIA HOTLINE
1-866-496-9149
or
Media for AECOM
ED MAYER
1-732-564-3380
Ed.Mayer@aecom.com
 
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