Shaw Wins Second Consecutive Air Force Worldwide Environmental Restoration and Construction Contract

BATON ROUGE, La.--(BUSINESS WIRE)--The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a worldwide environmental restoration and construction contract by the U.S. Air Force Center for Engineering and the Environment (AFCEE).

“Shaw has a 15-year history of supporting the Air Force Center for Engineering and the Environment in its mission to protect and restore environmental resources at Air Force sites and other federal installations worldwide”

Headquartered at Brooks City-Base, Texas, AFCEE is a field operating agency of the Air Force Civil Engineer agency and provides Air Force leaders with comprehensive expertise to protect, preserve, restore, develop and sustain U.S. environmental and installation resources.

Shaw’s scope of work includes environmental remediation and construction, as well as restoration under the Air Force’s Military Munitions Response Program, which seeks to make response sites safe and clean for reasonably anticipated future use. Shaw supported AFCEE through a 2003 worldwide environmental restoration and construction contract, executing $253 million in delivery orders across the globe.

"Shaw has a 15-year history of supporting the Air Force Center for Engineering and the Environment in its mission to protect and restore environmental resources at Air Force sites and other federal installations worldwide," said George Bevan, president of Shaw's Environmental & Infrastructure Group. "Through our environmental remediation services, Shaw has applied proprietary technologies and pioneered solutions to solve some of AFCEE’s toughest challenges."

Shaw is one of multiple firms selected to compete on task orders with a potential maximum contract value among all selected firms of $3 billion, if all options are exercised, through 2014. The amount included in Shaw’s Environmental & Infrastructure segment’s first quarter fiscal year 2010 backlog was undisclosed.

The Shaw Group Inc. (NYSE:SHAW) is a leading global provider of engineering, construction, technology, fabrication, remediation and support services for clients in the energy, chemicals, environmental, infrastructure and emergency response industries. A Fortune 500 company with fiscal year 2009 annual revenues of $7.3 billion, Shaw has approximately 28,000 employees around the world and is the power sector industry leader according to Engineering News-Record’s list of Top 500 Design Firms. For more information, please visit Shaw’s Web site at www.shawgrp.com.

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