AECOM appointed to support UK’s Network Rail operations through its Commercial Services Framework

February 15, 2022 at 06:55 AM EST

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it has been appointed to Network Rail’s £45-million Commercial Services Framework supporting the North West and Central (NW&C) region of the U.K.’s rail network. The appointment continues AECOM’s long-standing relationship with the region delivering technical, innovative and sustainable solutions to benefit Network Rail and all its passengers.

“We are excited to partner with Network Rail to help ensure its infrastructure is reliable, efficient and resilient across the NW&C region, which makes up nearly a quarter of Britain’s rail network and where approximately 1.3 million passengers are served on a typical weekday,” said Jennifer Aument, chief executive of AECOM’s global Transportation business. “Expanding our transportation business in the U.K. is an important strategic priority, and we are pleased to add to our growing framework positions through this appointment. We look forward to bringing AECOM’s extensive knowledge, experience and integrated ESG expertise to deliver value to Network Rail’s assets across all phases of the project lifecycle.”

The NW&C route runs from London Euston and Marylebone in the south through the Chiltern and West Midlands regions, the North West of England and Cumbria before joining with Scotland at Gretna. It includes key lines such as the West Coast Mainline, one of the busiest mixed-use passenger and freight railways in Europe, serving London, Birmingham, Manchester, Liverpool, Edinburgh and Glasgow.

AECOM has been awarded the following lots secured under the framework agreement: Lot 1: Procurement (Pre-Contract Management), Lot 2: Commercial (Post-Contract Management). Lot 3: Cost Audit & Assurance, Lot 4: Claims Management, Lot 5: Cost-Planning / Estimating, and Lot 6: Strategic Partnering. The framework lasts for five years.

“The NW&C rail region is the backbone of Britain, serving as the economic spine linking the country’s main cities,” said Colin Wood, AECOM’s regional chief executive for Europe and India. “Through the framework agreement, we will support Network Rail in connecting workers with jobs, people with loved ones and goods to market, adding social value and economic opportunities to communities in the North West and Central regions.”

AECOM’s place on the NW&C Commercial Services Framework adds to its extensive regional footprint across the West Midlands Combined Authority, Transport for Greater Manchester and High Speed 2 Phase 1 and Phase 2B. The appointment enhances AECOM’s rail work in the region, where it is already working on Northern Powerhouse Rail, High Speed 2 and the Transpennine Route Upgrade.

About AECOM

AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.3 billion in fiscal year 2021. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

Forward-Looking Statements

All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, coronavirus impacts, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; impacts caused by the coronavirus and the related economic instability and market volatility, including the reaction of governments to the coronavirus, including any prolonged period of travel, commercial or other similar restrictions, the delay in commencement, or temporary or permanent halting of construction, infrastructure or other projects, requirements that we remove our employees or personnel from the field for their protection, and delays or reductions in planned initiatives by our governmental or commercial clients or potential clients; losses under fixed-price contracts; limited control over operations run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; high leverage and potential inability to service our debt and guarantees; ability to continue payment of dividends; exposure to Brexit; exposure to political and economic risks in different countries; currency exchange rate fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; AECOM Capital real estate development projects; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of various dispositions such as the sale of our Management Services, self-perform at-risk civil infrastructure and power construction, and oil & gas maintenance and turnaround businesses, including the risk that purchase price adjustments, if any, from those transactions could be unfavorable and any future proceeds owed to us as part of those transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220215005487/en/

Contacts

Media Contact:

Brendan Ranson-Walsh

Senior Vice President, Global Communications

1.213.996.2367

Brendan.Ranson-Walsh@aecom.com

Investor Contact:

Will Gabrielski

Senior Vice President, Finance, Treasurer

1.213.593.8208

William.Gabrielski@aecom.com

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AECOM appointed to support UK’s Network Rail operations through its Commercial Services Framework

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