AECOM Technology awarded IDIQ contract by U.S. Agency AECOM Technology announced that it is one of seven companies awarded an indefinite delivery/indefinite quantity, or IDIQ, contract worth up to a total of $350M by the U.S. Agency for International Development to provide clean energy technical assistance. Under the five-year contract, AECOM may provide technical energy services such as developing activities and strategy designs; creating enabling environments for clean energy development and energy-sector reform; incorporating climate change into USAID mission programs; increasing human resource capacity relating to energy services; fostering private-sector participation and investment; facilitating innovative financing approaches; assessing the environmental implications of energy services; and improving disaster preparations, responses and recovery in the energy sector. The contract covers "non-critical priority countries" as designated by USAID.
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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.
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