URS Awarded Environmental Restoration Services Contract by US NavyContract Has Maximum Value of $45 Million to URS
(San Francisco, July 9, 2009) -- URS Corporation (NYSE:URS) today announced that the Company has been awarded an indefinite deliver/indefinite quantity environmental engineering services contract to provide environmental restoration, compliance, and planning services to the U.S. Naval Engineering Facilities Command Northwest (NAVFAC NW), primarily for activities and installations in Washington, Alaska, Oregon, Montana, Wyoming, Idaho, and Utah. The five-year contract has a maximum value of $45 million to URS.
Global Business Aircraft Market
Under the terms of the contract, as task orders are issued, URS will provide environmental engineering, investigation, and design services under the Comprehensive Environmental Response, Compensation, and Liability Act and state environmental programs. In addition, URS currently is developing corporate-wide data management standards for the U.S. Navy.
Commenting on the contract award, Gary V. Jandegian, President of the URS Division, said: "We are proud to have been once again selected to support the U.S. Navy for this important contract, which highlights our strength in providing environmental restoration and remediation services. As a leading provider of engineering support to the Department of Defense, URS has assisted the U.S. Navy in some of its more challenging and complex assignments over the past several decades, including work at the Bremerton Naval Complex, SUBASE Bangor, Naval Air Station Whidbey Island, and the Naval Undersea Weapons Center at Keyport. With this award, we look forward to continuing our 20-year record of service to the U.S. Naval Engineering Facilities Command."
Source : URS Corporation