AECOM Lands Major Framework to Propel UK Water Upgrades [Yahoo! Finance]
AECOM (ACM)
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Source: Yahoo! Finance
This framework consolidates several prior agreements into a unified approach aimed at modernizing water and wastewater systems across south-east England, including London and the Thames Valley. By supporting Thames Water's 2025–2030 Asset Management Plan Period 8 (AMP8), the framework seeks to address critical challenges, including reducing leaks, preventing pollution, and enhancing environmental outcomes. Beverley Stinson, chief executive of AECOM's global Water business, emphasized the company's pivotal role, stating, “With our technical expertise and track record, we're proud to help transform infrastructure serving 16 million customers.” Shares of AECOM lost 1.1% during the trading session but gained 0.4% in the after-hour trading session yesterday. AECOM has secured the role of lead consultant on three lots under FA1980, with Arcadis and GHD acting as subconsultants. Additionally, AECOM has been designated as a subconsultant for a fourth lot, in collaboration with Arcadis,
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