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CH2M HILL Receives Multi-Year $21 Million Contract at Beale Air Force Base

CH2M HILL Receives Multi-Year $21 Million Contract at Beale Air Force Base

DENVER, 21 September, 2006 — CH2M HILL, a global full-service engineering, construction, and operations firm, announced today that it has received a multi-year $21 million performance-based contract at Beale Air Force Base in California from the Air Force Center for Environmental Excellence under the Worldwide Environmental Remediation and Construction Contract (AFCEE WERC).

This is the first time that AFCEE has utilized a cost plus incentive fee-based, performance-based contract for environmental cleanup. CH2M HILL was selected through a competitive bid process. Under the terms of the contract, CH2M HILL will complete feasibility studies and decision documents as well as implement final remedial actions across the entire Beale AFB Environmental Restoration Program. CH2M HILL will receive an incentive fee for early and economical achievement of project objectives. The project is scheduled to kick-off in September 2006 and run through November 2011.

"CH2M HILL is proud to build off our successful performance record in incentive-based project delivery, such as the Rocky Flats Closure Project," said Gerald Vogt, CH2M HILL Program Manager. "We have been active at Beale AFB for the past eight years and are looking forward to continuing to deliver value to the Air Force and taxpayers for years to come."

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