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ARCAF Arcadis NV - New York Registry Shares (MM)

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Share Name Share Symbol Market Type
Arcadis NV - New York Registry Shares (MM) NASDAQ:ARCAF NASDAQ Ordinary Share
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ARCADIS Awarded $10 Million GRiP(R) Contract for U.S. Army

14/03/2008 7:00am

PR Newswire (US)


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ARNHEM, The Netherlands, March 14 /PRNewswire-FirstCall/ -- ARCADIS (EURONEXT: ARCAD), the international consultancy, design, engineering and management services company today announced the award of a performance-based environmental remediation services contract with a value of almost $10 million under the GRiP(R) program for the Radford Army Ammunition Plant (RAAP), by the U.S. Army Environmental Command (USAEC). RAAP is located 40 miles west of Roanoke, Virginia with a primary mission to manufacture munitions' propellants which it has been performing since 1941. Explosive and metals residues, present at a number of sites located in two non-contiguous areas approximately six miles apart - the Main Manufacturing Area and New River Unit, will be the focus of this restoration effort. With this award, the Army not only expects restoration that mitigates human health and ecological risks but that this work is achieved in a cooperative effort with USEPA Region III and the Virginia Department of Environmental Quality (VDEQ) and in a manner that secures a reduction in the life-cycle costs previously developed by the Government for restoration of the sites. As an industry leader in environmental remediation, ARCADIS will address the Government's interests, in large part, through the application of its expertise in sediments and risk assessment as well as innovative technology applications for soil and groundwater restoration. Additionally, the firm will draw upon its closure focused, performance-based project management approaches to drive the sites to their needed end-points as expeditiously as possible. "We appreciate the opportunity to provide our innovative approaches and considerable experience to RAAP and to support the U.S. Army in meeting its environmental objectives", stated Steve Blake, CEO for ARCADIS' U.S. Operations. "Our ability to achieve the Army's objectives for this project stems from our experience applying our successful GRiP(R) approach (guaranteed remediation program) to difficult sites for more than a decade. We are confident that we can continue to deliver these quality services as the Army continues to expand its implementation of Performance Based Contracting for its contaminated sites." ARCADIS is an international company providing project management, design, consultancy and engineering services to enhance mobility, sustainability and quality of life. Infrastructure - Environment - Buildings. ARCADIS develops, designs, implements, maintains and operates projects. For companies and governments. With more than 13,000 employees and over EUR1.5 billion in gross revenue. A multinational presence with an extensive international network and knowledge and experience that is internationally renowned. Focused on creating value for clients. Responsible and committed, thinking and acting. Results count. Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Those risks include, among others, risks associated with possible changes in environmental legislation and risks with regard to the Company's ability to acquire and execute projects. These and other risks are described in ARCADIS' filings with the Securities and Exchange Commission over the last 12 months, copies of which will be available from the SEC or may be obtained upon request from the Company. Visit us on the internet: http://www.arcadis-global.com/ DATASOURCE: ARCADIS NV CONTACT: For more information contact: Joost Slooten of ARCADIS at +31-26-3778604, cell phone +31-6-2706-1880 or e-mail at .

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