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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Arcadis NV (PK) | USOTC:ARCVF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 60.33 | 54.55 | 60.34 | 0.00 | 22:00:01 |
ARNHEM, The Netherlands, June 29, 2010 /PRNewswire/ -- ARCADIS (EURONEXT: ARCAD), the international design, consulting, engineering and management services company, has been selected by the Georgia Department of Transportation (GDOT) to provide traffic management services for the Regional Traffic Operations Program. ARCADIS was chosen from among three finalists for the contract, which has a potential value of $35 million over five years. The first three task orders valued at around $3 million are currently negotiated between GDOT and ARCADIS and work should start shortly.
Under the program, GDOT aims to actively manage traffic flow along important regional commuter corridors in the Atlanta area. ARCADIS services will include: inventory and diagnostics of existing conditions as well as field monitoring and reporting. In addition, ARCADIS will collect traffic and travel time data and look into optimizing traffic management systems using conventional and adaptive technologies. The company will coordinate with regional partners and provide active corridor management as part of the program.
"ARCADIS is privileged to assist GDOT for work on such a state-of-the-art and innovative delivery of traffic management services," said Marwan Abboud, Manager of ITS, Intelligent Traffic Solutions, for ARCADIS U.S. "Our thorough knowledge of the client's needs, the area, the technology, and associated best practices, are instrumental in offering GDOT cost-effective, smart solutions to benefit the Metro Atlanta region."
About ARCADIS:
ARCADIS is an international company providing consultancy, design, engineering and management services in infrastructure, water, environment and buildings. We enhance mobility, sustainability and quality of life by creating balance in the built and natural environment. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With 15,000 employees and EUR 1.8 billion in revenues, the company has an extensive international network supported by strong local market positions. ARCADIS supports UN-HABITAT with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. Visit us at: http://www.arcadis.com
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Copyright 2010 PR Newswire
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