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URS Wins Piece Of Army Environmental Remediation Contract

January 14, 2010 (FinancialWire) — URS Corp. (NYSE: URS) said it is one of seven firms that has been awarded an indefinite delivery/indefinite quantity contract by the U.S. Army Engineering and Support Center to provide worldwide environmental remediation services.

The contract, which has a two-year base period, followed by three one-year options, has a maximum aggregate value to all seven awardees of approximately $945 million over the full five-year term.

Under the terms of the contract, URS can compete for, or be assigned, task orders to provide a variety of services for projects at Department of Defense installations worldwide.

Potential services include the elimination of conventional munitions and chemical warfare material; environmental compliance and remediation services; and other munitions-related services.

San Francisco-based URS has around 45,000 employees in a network of offices in more than 30 countries.

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