AECOM-led joint venture awarded notable design-build program contract for City of New York

LOS ANGELES–(BUSINESS WIRE)–AECOM (NYSE:ACM), a premier, fully integrated global infrastructure
firm, has announced that the AECOM-led joint venture with Hill
International has been awarded a contract valued at $107.4 million by
the New York City Department of Design and Construction (DDC) for the
Program Manager for development of four new correctional facilities. The
new borough-based facilities will be located in Manhattan, Brooklyn,
Queens and the Bronx and will enable the closure of the Rikers Island
Correctional Facility.

This contract award marks a significant milestone in innovative
infrastructure procurement as the City of New York’s first ever
design-build program. AECOM-Hill, as Program Management Consultants,
will work directly with DDC to structure the procurement, develop the
program requirements, and manage four separate design-build teams, one
for each of the new borough-based facilities, through the completion of
this multi-billion capital program. The value of AECOM’s contract was
included in its backlog in the third quarter of fiscal 2019.

We’re humbled to support DDC and the City of New York on this
first-of-its-kind transformative design-build program,” said Steve
Morriss, AECOM’s president of its Design and Consulting Services group
in the Americas. “A project like this was made for AECOM’s unique
strengths in the design-build space and we look forward to starting this
important work to deliver on Mayor Bill de Blasio’s justice reform
vision.”

The AECOM-Hill partnership brings a powerful combination of expertise to
this project, marrying Hill’s in-depth risk and project management
insight with AECOM’s extensive design-build, program management, and
correctional sector experience, helping the city reduce the time and
effort normally required to bring a complex program of this scale to
fruition.

The creation of these new, state-of-the-art, borough-based facilities
will enable New York City to make considerable improvements for people
in detention, their visiting families and NYC Department of Correction
employees. Each new facility will integrate health, educational and
re-entry programs, as well as community space.

Additional information about the borough-based correctional facilities
program can be found on the DDC website here: https://www.ddcanywhere.nyc/DesignBuild/

About AECOM

AECOM (NYSE:ACM) is built to deliver a better world. We design, build,
finance and operate critical infrastructure assets for governments,
businesses and organizations. As a fully integrated firm, we connect
knowledge and experience across our global network of experts to help
clients solve their most complex challenges. From high-performance
buildings and infrastructure, to resilient communities and environments,
to stable and secure nations, our work is transformative, differentiated
and vital. A Fortune 500 firm, AECOM had revenue of
approximately $20.2 billion during fiscal year 2018. See how we deliver
what others can only imagine at aecom.com and @AECOM.

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
the future expected price, backlog and financial impact of the
design-build contract as well as other future business and economic
conditions. Actual results could differ materially from those projected
or assumed in any of our forward-looking statements. Important risk
factors that could cause actual results to differ materially from our
forward-looking statements are set forth in AECOM’s periodic report on
Form 10-Q for the quarter ended March 31, 2019, and other reports filed
with the U.S. Securities and Exchange Commission. AECOM does not intend,
and undertakes no obligation, to update any forward-looking statements.

Contacts

Investors:
Will Gabrielski
Vice President, Investor
Relations
213.593.8208
[email protected]

Media:
Brendan
Ranson-Walsh
Vice President, Global Communications & Corporate
Responsibility
213.996.2367
[email protected]

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