Benzinga | Dec 21, 2021 11:37AM EST

City Of Richardson In Texas Picks AECOM To Provide Program Management Services

* AECOM (NYSE:ACM) has been selected to serve as General Engineering Consultant (GEC) by the City of Richardson, Texas. The financial terms of the contract were not disclosed.

* Aecom will augment city staff and provide program management services for the city's Capital Improvement Program, including the recently approved 2021 Bond Program.

* The contract will identify opportunities that enhance efficiency, minimize public disruption, and reduce costs on citywide projects.

* The City of Richardson's Capital Improvement Program includes projects totaling nearly $400 million to be delivered over the next five to seven years.

* Price Action: ACM shares are trading higher by 1.59% at $73.56 on the last check Tuesday.