URS selected to provide construction and design services in Iraq (18/09/04)

URS Corporation has announced that, as the managing partner of a joint venture with Louis Berger Group, Inc., it has been awarded an indefinite delivery/indefinite quantity contract with the US Army Corps of Engineers, Gulf Region District, to provide construction management and design services for military construction, infrastructure rehabilitation and reconstruction projects in Iraq.

Under the terms of the contract, as the Army Corps of Engineers issues specific task orders, the joint venture will provide construction management and design services for facilities and infrastructure projects.

The contract, which includes a one-year base period and four additional one-year option periods, has a maximum value to the joint venture of $300 million for the one-year base period and $1.2 billion over the full five years assuming all option years are exercised.

Source: Business Wire