AECOM Secures AMP8 Wins, Enhances U.K. Water Business Growth [Yahoo! Finance]
AECOM (ACM)
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Source: Yahoo! Finance
U.K. water sector under the new Asset Management Period 8 ("AMP8") framework. The company maintained a 100% success rate in recompeting for contracts, with the expected value of these frameworks more than double the value of the previous AMP7 period. Additionally, AECOM has been awarded several new positions on other AMP8 frameworks, which are expected to drive further growth in its U.K. Water business. The AMP8 framework, managed by Ofwat, U.K.'s water services regulation authority, will run from 2025 to 2030 and is valued at approximately £104 billion, 77% higher than the AMP7 program. It will focus on improving the reliability, sustainability and digitalization of water infrastructure in England and Wales. AECOM Strengthens Water Business With Recent Wins AECOM strengthens its position as the world's leading water design firm with recent successes in AMP8 framework contracts. The company aims to double its water practice in the next five years and is focused on partnering wit
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ACM
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- 11/18/24 - Beat
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