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Fluor Selected as Preferred Bidder for Highways England Smart Motorways Alliance

IRVING, Texas & FARNBOROUGH, England--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that Fluor Limited, the company’s UK operation, was selected by Highways England as the preferred bidder to provide production management services as part of the Smart Motorways Alliance in the United Kingdom.

The Smart Motorways Alliance will develop, design and build multiple road schemes under a single contract for up to 10 years and will add additional capacity to England’s Strategic Road Network with an estimated program value of $5.6 billion (£4.5 billion).

“This strategically significant award delivers on Highways England’s investment commitments and vision for industry collaboration and marks the next chapter in Fluor’s partnership that has spanned more than 15 years,” said Terry Towle, group president of Fluor’s Infrastructure & Power business. “As a member of the alliance, Fluor is positioned to help deliver Highways England’s vision for the Smart Motorways Alliance program.”

The alliance consists of seven members – Highways England as a member of the alliance; Fluor as production management partner; two digitally enabled design partners; and three on-site assembly partners.

Contract execution is scheduled for May 2020, with mobilization of the alliance expected to occur in mid-2020.

About Fluor Corporation
Founded in 1912, Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that transforms the world by building prosperity and empowering progress. Fluor serves its clients by designing, building and maintaining safe, well executed, capital-efficient projects around the world. With headquarters in Irving, Texas, Fluor ranks 164 on the Fortune 500 list with revenue of $19.2 billion in 2018 and has more than 47,000 employees worldwide. For more information, please visit www.fluor.com or follow Fluor on Facebook, Twitter, LinkedIn and YouTube.

Contacts

Brian Mershon
Media Relations
469.398.7621

Jason Landkamer
Investor Relations
469.398.7222

Fluor Corporation

NYSE:FLR

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Contacts

Brian Mershon
Media Relations
469.398.7621

Jason Landkamer
Investor Relations
469.398.7222

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