Fluor-Led Joint Venture Selected as Preferred Developer for Loop 202 South Mountain Freeway in Phoenix Metro Area
January 05 2016 - 8:32AM
Business Wire
Fluor to construct 22 miles of Loop 202,
Arizona’s largest ever highway project
Fluor Corporation (NYSE: FLR) announced today that its joint
venture team was selected as the preferred bidder for a
design-build and maintain project by the Arizona Department of
Transportation (ADOT) to provide design, construction and
maintenance services for the Loop 202 South Mountain Freeway.
Located in the Phoenix metropolitan area, this will be the largest
highway project in the state’s history. Fluor plans to book its
share of the final contract value in the first quarter of 2016.
The Fluor-led joint venture, Connect 202 Partners, is a
design-build and maintenance partnership comprised of Fluor
Enterprises Inc., Granite Construction Co., Ames Construction Inc.,
Parsons Brinckerhoff Inc. as the lead designer, and DBi Services,
LLC, as the joint maintenance partner.
The joint venture team will construct approximately 22 miles of
Loop 202 running east and west along Pecos Road, turning north
between 55th and 63rd avenues, connecting with Interstate 10 on
each end. Major construction is expected to begin in the summer of
2016 with lanes opening in late 2019 or early 2020. Fluor and DBi
Services, LLC, will maintain the lanes for 30 years with oversight
from ADOT.
The Loop 202 South Mountain Freeway Project will deliver
improved mobility via four lanes in each direction – three
general-use lanes and one High-Occupancy Vehicle (HOV) lane – and
includes modern features of rubberized asphalt and aesthetics
designed in partnership with the community.
“The selection of the Fluor-led joint venture to deliver
Arizona’s largest highway project in its history is a testament to
Fluor’s strong track record of safely delivering innovative
public-private partnership (P3) projects and solutions to our
clients,” said Hans Dekker, president of Fluor’s infrastructure
business. “We plan to continue our industry-leading performance to
deliver Arizona’s first highway P3 project with the cost and
schedule certainty the state expects.”
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,
469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff
Telfer, 469-398-7070orJason Landkamer, 469-398-7222
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