Fluor-Led Joint Venture Selected as Preferred Bidder for Bergstrom Expressway in Austin, Texas
May 28 2015 - 4:09PM
Business Wire
Fluor to reconstruct 8 miles of U.S. Highway
183 on one of Austin’s most important arterial roadways
Fluor Corporation (NYSE: FLR) announced today that it was
awarded a 4-year design-build contract by the Central Texas
Regional Mobility Authority (Mobility Authority) to provide design
and construction services valued at $581 million for the Bergstrom
Expressway Project located in Austin, Texas. The Fluor-led joint
venture, Colorado River Constructors, a partnership with Balfour
Beatty Infrastructure, will design and reconstruct approximately 8
miles of U.S. Highway 183 from U.S. Highway 290 in Austin, to State
Highway 71 near the Austin Bergstrom International Airport. Fluor
will book the contract value in the second quarter of 2015. The
project is expected to break ground in 2016 with construction set
to continue into 2020.
The Bergstrom Expressway Project will add capacity to one of
Austin’s most important arterial roadways which serves more than
60,000 vehicles a day. The project scope of work includes the
design and construction of six tolled lanes (three in each
direction) located in the median of U.S. 183, upgrades to the
general purpose lanes, five grade-separated interchanges, four new
bridges, two new direct connect flyover ramps and the installation
of intelligent traffic management systems. Improvements and
upgrades to major interchanges along the corridor such as bike and
pedestrian sidewalks with shared-use paths are also included.
“The Fluor-Balfour joint venture is proud to have been selected
for this contract continuing our 14-year relationship with Balfour
in Texas. We look forward to successfully delivering the project in
partnership with the Mobility Authority,” said Terry Towle,
president of Fluor’s infrastructure business. “We have a strong
track record of delivering safe projects with innovative and
integrated solutions to our clients. The Bergstrom Expressway
Project represents Fluor’s commitment to providing the most
significant improvements to the U.S. Highway 183 corridor since the
mid-1960s.”
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering and
construction firm that designs and builds some of the world's most
complex projects. The company creates and delivers innovative
solutions for its clients in engineering, procurement, fabrication,
construction, maintenance and project management on a global basis.
For more than a century, Fluor has served clients in the energy,
chemicals, government, industrial, infrastructure, mining and power
market sectors. Headquartered in Irving, Texas, Fluor ranks 109 on
the FORTUNE 500 list. With 40,000 employees worldwide, the
company's revenue for 2014 was $21.5 billion. Visit Fluor at
www.fluor.com and follow on Twitter @FluorCorp.
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Fluor CorporationMedia RelationsBrian Mershon,
469-398-7621orInvestor RelationsGeoff Telfer, 469-398-7070orJason
Landkamer, 469-398-7222
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