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URS Corp. (ticker: URS, exchange: New York Stock Exchange (.N))
News Release -
25-Feb-2002
URS Selected By Army Corps of Engineers to Provide Environmental ServicesContract Has Potential Value of $14.9 Million
SAN FRANCISCO, CA - February 25, 2002 - URS Corporation (NYSE: URS) today announced that it has been awarded a new contract by the Omaha District U.S. Army Corps of Engineers (USACE) to provide environmental services at various sites in the USACE's Northwestern Division, which includes portions of Minnesota, Iowa, Missouri, Nebraska, South Dakota, North Dakota, Montana, Wyoming, and Colorado. While individual task orders are not specified in the contract, URS' activities are likely to include site investigations, evaluations and studies, engineering support and response design, and response actions, including short-term operations and maintenance activities. The five-year contract has a potential value to URS of $14.9 million.
Commenting on the contract, Martin M. Koffel, URS Chairman and CEO, said: "I am very pleased to announce this new contract win, which represents a continuation of our long relationship with the U.S. Army Corps of Engineers. URS is one of the few firms with the geographic reach to handle an assignment of this scope, and we have the right skill set to perform these complex and technically challenging environmental assignments successfully."
URS Corporation offers a broad range of planning, design, and program and construction management services for transportation, hazardous waste, industrial processing and petrochemical, general building and water/wastewater projects. Headquartered in San Francisco, the Company operates in 30 countries with approximately 16,000 employees providing engineering services to federal, state and local governmental agencies as well as private clients in the chemical, manufacturing, pharmaceutical, forest products, mining, oil and gas, and utilities industries (www.urscorp.com).
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URS Corp.
