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Postmedia has not reviewed the content. by Business Wire AECOM-led joint venture appointed as program management consultant for Ontario's Highway 413Author of the article:DALLAS — AECOM (NYSE:ACM), the trusted global infrastructure leader, today announced an AECOM-led joint venture, 413 Continuity Partners, has been awarded the Highway 413 Program Management Consultant contract by the Ministry of Transportation of Ontario (MTO).THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountHighway 413 is a transformative transportation program that will create a new, approximately 59-kilometer transportation corridor with extensions to Highways 410 and 427 in Ontario. Including more than 170 bridges and 60 structural culverts, the program will help address growing transportation demands across the Greater Toronto Area, enhancing connectivity between regional corridors and relieving congestion on existing highways.This advertisement has not loaded yet, but your article continues below.“Projects like Highway 413 have the potential to positively influence how this region grows, connects and prospers,” said Richard Barrett, chief executive of AECOM’s Canada region. “We are proud that MTO has entrusted AECOM and our partners with this responsibility. For 115 years, AECOM and our predecessor companies have helped deliver some of Canada’s most important infrastructure, and this program continues that legacy. We are excited to help bring MTO’s vision for Highway 413 to life and to begin this journey with MTO and our partners.”Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againOver the 10-year assignment, 413 Continuity Partners will provide program management, technical leadership, environmental coordination, stakeholder engagement and communications, and construction oversight to support MTO in delivering Highway 413. The program will be delivered through multiple contracts and progressive delivery models, leveraging AECOM’s 20-year history of supporting this transportation corridor and the Company’s legacy of delivering major infrastructure programs in Canada for over a century.“Highway 413 is a transformative investment in the future of one of Canada’s busiest transportation corridors,” said Drew Jeter, chief executive of AECOM’s Program Management global business line. “This award reflects AECOM’s leadership in integrated Program Management and our ability to help clients navigate complexity, manage risk and deliver intended outcomes. We look forward to supporting MTO in delivering the next generation of transportation infrastructure in Ontario to reduce congestion and commute times and support the growing population of the Greater Toronto Area.”AECOM has played a key role in delivering some of Canada’s most complex infrastructure projects from coast to coast. The Highway 413 program award builds on AECOM’s longstanding work supporting transportation infrastructure in Canada and its experience delivering complex, multidisciplinary program management assignments.AECOM (NYSE:ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2025. Learn more at aecom.com.This advertisement has not loaded yet, but your article continues below.Forward-Looking StatementsAll statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements that relate to our future revenues, expenditures and business trends; future reduction of our self-perform at-risk construction exposure; future accounting estimates; future contractual performance obligations; future conversions of backlog; future capital allocation priorities, including common stock repurchases, future trade receivables, future debt pay downs; future tax benefits and expenses, and the impact of future tax laws; future legal claims and insurance coverage; future costs savings; and other future economic and industry conditions. 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Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; government shutdowns; changes in administration or other funding directives and circumstances that cause governmental agencies to modify, curtail or terminate our contracts; government contracts are subject to audits and adjustments of contractual terms; long-term government contracts are subject to uncertainties related to government contract appropriations; losses under fixed-price contracts; our ability to successfully and timely perform our contractual obligations and to recover claims for additional contract costs; potential liquidated damages under our contracts; limited control over operations run through our joint venture entities; liability for misconduct by our employees or consultants; changes in government laws, regulations and policies, including failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; our capital allocation strategy, including our ability to continue payment of dividends and repurchase stock; exposure to political and economic risks in different countries, including tariffs and trade policies, geopolitical events, and conflicts; inflation, currency exchange rates and interest rate fluctuations; changes in capital markets and stock market volatility; retaining and recruiting key technical and management personnel; legal claims and litigation; inadequate insurance coverage; environmental law compliance and inadequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; managing pension costs; AECOM Capital’s real estate development; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas construction businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and any future proceeds owed to us as part of the transactions could be lower than we expect; risks associated with our strategic initiatives, including AI investments and potential acquisitions and divestitures; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.View source version on businesswire.com: Senior Vice President, Global CommunicationsThis advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.
AECOM-led joint venture appointed as program management consultant for Ontario’s Highway 413
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