AECOM Technology awarded $1.8B design contract for Edmonton ring road AECOM Technology was awarded a design contract for the final leg of Anthony Henday Drive in Edmonton, Alberta, Canada. The Alberta government signed a 34-year public-private partnership contract with the Capital City Link General Partnership to design, build, operate and partially finance the highway project. The contract is worth $1.8B. AECOM is the lead designer for the Flatiron-Dragados-Aecon-Lafarge design-build joint venture company.
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AECOM Technology sees FY13 EPS $2.40-$2.50, consensus $2.50 The company expects its FY13 effective tax rate to be 27% and reaffirms its five-year free cash flow target of $1.3B-$1.8B.