ARCADIS Awarded $10 Million GRiP(R) Contract for U.S. Army
14 March 2008 - 6:00PM
PR Newswire (US)
ARNHEM, The Netherlands, March 14 /PRNewswire-FirstCall/ -- ARCADIS
(EURONEXT: ARCAD), the international consultancy, design,
engineering and management services company today announced the
award of a performance-based environmental remediation services
contract with a value of almost $10 million under the GRiP(R)
program for the Radford Army Ammunition Plant (RAAP), by the U.S.
Army Environmental Command (USAEC). RAAP is located 40 miles west
of Roanoke, Virginia with a primary mission to manufacture
munitions' propellants which it has been performing since 1941.
Explosive and metals residues, present at a number of sites located
in two non-contiguous areas approximately six miles apart - the
Main Manufacturing Area and New River Unit, will be the focus of
this restoration effort. With this award, the Army not only expects
restoration that mitigates human health and ecological risks but
that this work is achieved in a cooperative effort with USEPA
Region III and the Virginia Department of Environmental Quality
(VDEQ) and in a manner that secures a reduction in the life-cycle
costs previously developed by the Government for restoration of the
sites. As an industry leader in environmental remediation, ARCADIS
will address the Government's interests, in large part, through the
application of its expertise in sediments and risk assessment as
well as innovative technology applications for soil and groundwater
restoration. Additionally, the firm will draw upon its closure
focused, performance-based project management approaches to drive
the sites to their needed end-points as expeditiously as possible.
"We appreciate the opportunity to provide our innovative approaches
and considerable experience to RAAP and to support the U.S. Army in
meeting its environmental objectives", stated Steve Blake, CEO for
ARCADIS' U.S. Operations. "Our ability to achieve the Army's
objectives for this project stems from our experience applying our
successful GRiP(R) approach (guaranteed remediation program) to
difficult sites for more than a decade. We are confident that we
can continue to deliver these quality services as the Army
continues to expand its implementation of Performance Based
Contracting for its contaminated sites." ARCADIS is an
international company providing project management, design,
consultancy and engineering services to enhance mobility,
sustainability and quality of life. Infrastructure - Environment -
Buildings. ARCADIS develops, designs, implements, maintains and
operates projects. For companies and governments. With more than
13,000 employees and over EUR1.5 billion in gross revenue. A
multinational presence with an extensive international network and
knowledge and experience that is internationally renowned. Focused
on creating value for clients. Responsible and committed, thinking
and acting. Results count. Except for historical information
contained herein, the statements in this release are
forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements involve known and unknown risks
and uncertainties that may cause the company's actual results in
future periods to differ materially from forecasted results. Those
risks include, among others, risks associated with possible changes
in environmental legislation and risks with regard to the Company's
ability to acquire and execute projects. These and other risks are
described in ARCADIS' filings with the Securities and Exchange
Commission over the last 12 months, copies of which will be
available from the SEC or may be obtained upon request from the
Company. Visit us on the internet: http://www.arcadis-global.com/
DATASOURCE: ARCADIS NV CONTACT: For more information contact: Joost
Slooten of ARCADIS at +31-26-3778604, cell phone +31-6-2706-1880 or
e-mail at .
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