URS Joint Venture Selected by FEMA for Floodplain Mapping and Risk Assessments Contract
Contract Has Maximum Value of $600 Million to Joint Venture
Press Release
Source: URS Corporation
On Monday August 10, 2009, 8:30 am EDT
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SAN FRANCISCO--(BUSINESS WIRE)--URS Corporation (NYSE: URS - News) today announced that Risk Assessment, Mapping and Planning Partners (RAMPP), a joint venture between URS, Dewberry and ESP Associates, has been awarded a contract by the Federal Emergency Management Agency (FEMA) to assist the agency in identifying flood hazards, assessing the associated risks and providing mitigation activities throughout the United States and its territories. The one-year with four-option years contract has a maximum value of $600 million to RAMPP.
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{"s" : "urs","k" : "c10,l10,p20,t10","o" : "","j" : ""} Under the terms of the contract, the joint venture will be responsible for the production of digital Flood Insurance Rate Maps, operating regional support centers, providing production and technical services for flood insurance studies, conducting hazard risk assessments, and providing mitigation planning and outreach, among other services.
???We are pleased to have been selected for this contract, which underscores the strength of URS??? technical capabilities and depth of experience in managing, mitigating, and responding to federally-declared disasters and providing technical services,??? said Gary V. Jandegian, President of the URS Division. ???We look forward to continuing our relationship with FEMA and providing assistance in the development of essential tools to enhance the agency???s floodplain mapping, planning and mitigation capabilities.???
URS Corporation (NYSE: URS - News) 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; and decommissioning and closure services. URS provides services for power, infrastructure, industrial and commercial, and federal projects and programs. Headquartered in San Francisco, the Company operates through three divisions: the URS Division, the EG&G Division and the Washington Division. URS Corporation has more than 47,000 employees in a network of offices in more than 30 countries (www.urscorp.com).
Contact:
URS CorporationSam Ramraj415-774-2700Vice President, Investor RelationsorSard Verbinnen & CoHugh Burns/Jamie Tully/Jane Simmons212-687-8080
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