URS awarded Calif. high-speed rail contracts

Posted on April 25, 2007

URS Corporation announced that, through a joint venture with Hatch Mott MacDonald LLC and Arup, it has been awarded two contracts by the California High-Speed Rail Authority to provide engineering and environmental services for the state's proposed high-speed rail system. Under the terms of the first contract, the joint venture will provide preliminary engineering services and environmental analysis for a proposed 193-mile segment running from Fresno to Palmdale. This six-year contract has a value of $120 million to the joint venture, and a maximum value of $41 million to URS. Under the second contract, the joint venture will provide similar services for a proposed 61-mile segment of the rail line running from Los Angeles to Palmdale. This six-year contract has a value to the joint venture of $75 million, with a maximum value of $21 million to URS. The rail system will be the first of its kind in the U.S. and will allow passengers to travel from San Francisco to Los Angeles in just under 2.5 hours on trains traveling up to 220 mph, according to URS.

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