URS Awarded Contract to Provide Construction Services for Colorado Gas Processing...

* Reuters is not responsible for the content in this press release.

Thu Jul 31, 2008 9:00am EDT

URS Awarded Contract to Provide Construction Services for Colorado Gas Processing Plant

           Contract Has Maximum Value to URS of $125 Million
SAN FRANCISCO--(Business Wire)--
URS Corporation (NYSE: URS) today announced that the Company has
been awarded a contract by Williams to provide construction
supervision, labor and construction materials for the Willow Creek Gas
Processing Plant in Rio Blanco County, Colorado. The 12-month contract
has a value of $125 million to URS.

   Through its wholly-owned subsidiary, Rust Constructors Inc., URS
will oversee construction of the processing plant, which will extract
higher-value liquids, such as ethane, propane, butane and gasoline
from natural gas. Completion of construction is planned for July 2009,
with plant operations expected to begin during the third quarter of
2009. Located in the Piceance Basin region, the plant will process 450
million cubic feet of natural gas per day for U.S. consumption.

   "This project, which is our third major natural gas program in
western Colorado, underscores our growing presence in the Piceance
Basin," said Tom Zarges, President of URS' Washington Division. "We
are very proud that Williams has selected URS for this significant
undertaking, and we look forward to supporting the construction of
this important facility."

   URS Corporation (NYSE: URS) is a leading provider of engineering,
construction and technical services for public agencies and private
sector companies around the world. The Company offers a full range of
program management; planning, design and engineering; systems
engineering and technical assistance; construction and construction
management; operations and maintenance; and decommissioning and
closure services. URS provides services for power, infrastructure,
industrial and commercial, and federal projects and programs.
Headquartered in San Francisco, the Company operates through three
divisions: the URS Division, the EG&G Division and the Washington
Division. URS Corporation has more than 50,000 employees in a network
of offices in more than 30 countries (www.urscorp.com).

URS Corporation
H. Thomas Hicks, 415-774-2700
Vice President & Chief Financial Officer
or
Sard Verbinnen & Co
Hugh Burns/Jane Simmons, 212-687-8080

Copyright Business Wire 2008
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.