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URS Awarded Design-Build Contract for Medical Facilities by U.S. Army

URS Awarded Design-Build Contract for Medical Facilities by U.S. Army

Program has Maximum Aggregate Value of $585 Million to Seven Awardees

SAN FRANCISCO--(BUSINESS WIRE)-- URS Corporation (NYS: URS) today announced that the Company has been awarded an indefinite delivery/indefinite quantity, multiple award contract from the U.S. Army Engineering and Support Center in Huntsville, Alabama, to provide design-build services for the Medical Repair and Renewal Program in the continental United States and at overseas locations.


The contract has a one-year base and four one-year option periods. The program has a maximum, aggregate value of approximately $585 million to the seven awardees, if all option periods are exercised. Under the terms of the contract, URS can compete for or be awarded task orders to design and build U.S. Army medical facilities. This work can include repairs, renovations, and procurement, as well as the installation and maintenance of required equipment and systems.

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Commenting on the contract, Gary V. Jandegian, President of Infrastructure & Environment for URS, said: "This contract expands upon the relationship that URS has established with the military in performing medical facilities design and build, starting with the renovation of the Keesler Air Force Base Medical Center following Hurricane Katrina and, recently, the design-build of a new Medical Education Training Complex at Fort Sam Houston in Texas. The selection of URS for the contract demonstrates the Army's confidence in URS to deliver high-level expertise in the design and construction of healthcare facilities."

URS Corporation (NYS: URS) is a leading provider of engineering, construction, and technical services for public agencies and private sector companies around the world. The Company offers a full range of program management; planning, design and engineering; systems engineering and technical assistance; construction and construction management; operations and maintenance; information technology; and decommissioning and closure services. URS provides services for federal, oil and gas, infrastructure, power, and industrial projects and programs. Headquartered in San Francisco, URS has more than 50,000 employees in a network of offices in nearly 50 countries (www.urs.com).



URS Corporation
Sam Ramraj, 415-774-2700
Vice President
Investor Relations
or
Sard Verbinnen & Co
Hugh Burns/Jamie Tully/Delia Cannan
212-687-8080

KEYWORDS: United States North America Alabama California

INDUSTRY KEYWORDS:

The article URS Awarded Design-Build Contract for Medical Facilities by U.S. Army originally appeared on Fool.com.

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