Task Order Has Maximum Value of $99.9 Million to URS
(San Francisco, June 25, 2008) -- URS Corporation (NYSE:URS) today announced that it has been awarded a major new task order under a previously awarded firm-fixed-price contract to provide engineering and construction services at bases worldwide for the Air Force Center for Environmental Excellence (AFCEE) under the Heavy Engineering, Repair and Construction (HERC) contract. The task order has a maximum value of $99.9 million, including approximately $89.9 million in a base bid plus $10 million in options, over a two year period.
Under the terms of the task order, as part of an eventual $2 billion program to upgrade and expand the base at Fort Sam Houston, San Antonio, Texas, URS will design and build two Medical Instructional Facilities which will be used for training military personnel from all branches in the areas of radiology, pharmacy, biomedical equipment and dental technicians along with nuclear medicine technologists.
We are pleased to have been awarded this task order, which augments URS' robust portfolio of Base Realignment and Closure (BRAC) projects awarded to date, said Gary Jandegian, President of the URS Division. We look forward to contributing to the Air Force's effort to build and utilize these key medical training facilities at Fort Sam Houston.