Arcadis Wins Two Major GRiP(R) Contracts Totaling $170 Million
15 Septembre 2009 - 8:12AM
PR Newswire (US)
AMSTERDAM, September 15 /PRNewswire-FirstCall/ -- ARCADIS
(EURONEXT: ARCAD), the international design, consulting,
engineering and management services company, today announced that
it has been awarded two major GRiP(R) contracts for environmental
remediation, with a total worth of almost $170 million, from
Atlantic Richfield Company, a BP affiliate, and the US Army. The
contract with Atlantic Richfield Company involves environmental
remediation and site closure for a portfolio of contaminated sites.
ARCADIS will provide a GRiP(R) (Guaranteed Remediation Program)
approach to assure that each site in the portfolio will meet the
environmental cleanup standards set by the regulators. ARCADIS was
awarded the contract after an extensive selection process and its
strong and innovative remediation capabilities and proven success
in GRiP(R) contract execution were key in winning this contract. In
addition, the US Army Environmental Command has recently awarded
ARCADIS a GRiP(R) contract involving three projects. The largest
project is for work at Fort Meade, Maryland and the associated
Phoenix Military Installation (PMI). The work will include site
investigation, evaluation of remedial alternatives and remediation
of contaminated sites. Commenting on these major wins, Gary Coates,
President of ARCADIS US Environmental Division said: "We see a
strong demand for our GRiP(R) program as more clients, in both the
public and private sectors, are looking to obtain cleanup cost
certainty and accelerated time to closure of environmentally
impacted properties. By applying GRiP(R) to portfolios of sites
additional savings can be realized. The GRiP(R) approach also
enables clients to redirect their resources to core business
activities and drive more of their environmental expenditures
towards reducing their liabilities within a fixed period of time."
About ARCADIS: ARCADIS is an international company providing
consultancy, design, engineering and management services in
infrastructure, environment and buildings. We aim to enhance
mobility, sustainability and quality of life by creating balance in
the built and natural environment. ARCADIS develops, designs,
implements, maintains and operates projects for companies and
governments. With more than 15,000 employees and over EUR 2.0
billion in revenues, the company has an extensive international
network that is supported by strong local market positions. Visit
us on the internet at: http://www.arcadis-global.com/ DATASOURCE:
ARCADIS NV CONTACT: For more information please contact: Joost
Slooten of ARCADIS at +31-26-3778604 or outside office hours at
+31-6-27061880, or e-mail at .
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