Amec Foster Wheeler announces today that it has been awarded prime contractor position on the Air Force Civil Engineer Center (AFCEC) Architect-Engineering (A-E) 2013 environmental services contract by the U.S. Air Force. This seven year award follows the contract announcement made by Amec Foster Wheeler last month by AFCEC for Design Services for Military Construction and Military Family Housing.
The new indefinite-delivery/indefinite-quantity contract is for the full range of A-E 2013 environmental services. The work scope covers the management and execution of design, and oversight primarily for environmental projects. This includes planning and programming, restoration, quality (compliance and pollution prevention), and conservation work. Amec Foster Wheeler will provide services at multiple government locations to be determined by individual needs.
The contract has an aggregate maximum value of US$500 million for the eight awardees and is expected to reach completion by 2023.
Simon Naylor, Group President of Amec Foster Wheeler's Americas business said: "We are pleased to have been selected by AFCEC once again. As a trusted partner we continue to support them in the execution of their important environmental work, bringing together our global expertise to deliver services safely, efficiently and sustainably."
Contacts:
Amec Foster Wheeler plc | Ju Julian Walker (media) R Rupert Green (investors) | + 44 (0)20 7429 7500 |
Notes to editors
Amec Foster Wheeler (www.amecfw.com) designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.
With pro-forma 2014 annualised scope revenues of £5.5 billion and over 40,000 people in more than 55 countries, the company operates across the oil and gas industry - from production through to refining, processing and distribution of derivative products - and in the mining, clean energy, power generation, pharma, environment and infrastructure markets.
Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.
The Air Force Civil Engineer Center (www.afcec.af.mil), headquartered at Joint Base San Antonio-Lackland, is a 1,900-person primary subordinate unit, assigned to Air Force Materiel Command and attached to the Air Force Installation and Mission Support Center, responsible for providing responsive, flexible full-spectrum installation engineering services. AFCEC missions include facility investment planning, design and construction, operations support, real property management, readiness, energy support, environmental compliance and restoration, and audit assertions, acquisition and program management. The unit conducts its operations at more than 75 locations worldwide.
Indefinite delivery, indefinite quantity contracts provide for an indefinite quantity of services for a fixed time. They are used by the US government's General Services Administration where, above a specified minimum, the precise quantities of supplies or services that the government will require during the contract period. Contracts are most often used for service contracts and architect-engineering services. Awards are usually for base years and option years.
Forward-Looking Statements
This announcement contains statements which constitute "forward-looking statements". Forward-looking statements include any statements related to the timing, results and success of contracts, and are generally identified by words such as "believe," "expect," "anticipate," "intend," "estimate," "will," "may," "continue," "should" and other similar expressions. Forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Amec Foster Wheeler, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking statements. Amec Foster Wheeler does not undertake to update any of the forward-looking statements after this date to conform such statements to actual results, to reflect the occurrence of anticipated results or otherwise.
