Fluor Team Selected for Maryland Purple Line Light Rail Transit Project

Fluor to construct new 16-mile rail system in the Washington Metropolitan Region

Wednesday, March 2, 2016 10:54 am EST

Dateline:

IRVING, Texas

Public Company Information:

NYSE:
FLR
US3434121022

@FluorCorp team selected for Maryland Purple Line Light Rail Transit project

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that its team, Purple Line Transit Partners, comprised of Fluor Enterprises Inc., Meridiam Infrastructure Purple Line, LLC, and Star America Purple Line, LLC, was selected as the preferred proponent to design-build, finance, operate and maintain the Purple Line project for the Maryland Department of Transportation (MDOT) and the Maryland Transit Administration (MTA). Located in the Washington Metropolitan Region, the project includes 21 stations along a 16-mile alignment through Montgomery and Prince George’s counties. Fluor plans to book its share of the contract value later this year.

The Fluor-led design-build team, Purple Line Transit Constructors, comprises Fluor Enterprises Inc., The Lane Construction Corporation, Traylor Bros., Inc., and includes subcontractor Atkins North America, Inc., as the lead designer. The Purple Line Transit Constructors team will begin design and construction later this year with passenger service scheduled for early 2022. Following the construction, Purple Line Transit Operators, a Fluor-led team comprising Fluor Enterprises, Inc., Alternate Concepts, Inc., and CAF USA, Inc., will provide 30 years of operations and maintenance services.

The $2 billion Purple Line Light Rail Project will extend from Bethesda, Maryland, in Montgomery County to New Carrollton, Maryland, in Prince George’s County. This new line will provide connections to several existing transit providers and improve mobility to major economic and job centers, as well as the University of Maryland in College Park. The project will support community revitalization and transit-oriented development along the corridor.

“The selection of the Fluor team solidifies our industry-leading ability to successfully manage complex public-private partnership (P3) projects,” said Hans Dekker, president of Fluor’s infrastructure business. “The Purple Line project will benefit from Fluor’s global experience, including the only other transit P3 in the United States, the Eagle P3 project in Denver, which is scheduled to begin passenger service on the University of Colorado A Line this spring. We are proud to enter into a long-term partnership with the state of Maryland and will design, build, finance, operate and maintain this world-class transit link using our proven integrated life-cycle approach and experience.”

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served clients by delivering innovative and integrated solutions for our clients in the energy, chemicals, government, industrial, infrastructure, mining and metals, and power market sectors. With headquarters in Irving, Texas, Fluor ranks 136 on the FORTUNE 500 list with revenue of $18.1 billion in 2015 and has 59,000 employees worldwide. For more information, please visit www.fluor.com or follow us on Twitter @FluorCorp.

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