U.S. Army Confirms Fluor's Selection As LOGCAP IV Contractor

Irving, TX - Fluor Corporation announced recentlythat the U.S. Army has confirmed the June 2007 selection of Fluor as a Logistics Civil Augmentation Program (LOGCAP) IV contractor. Work under the original LOGCAP IV contract award had been suspended while the U.S. Government Accountability Office (GAO) resolved protests by competitors. Fluor's proposal included its teaming partner, ITT Industries, Inc.

In June 2007, the U.S. Army awarded indefinite delivery/indefinite quantity (ID/IQ) contracts to Fluor's Government Group and two other contractors for a performance period of one base year with nine one-year renewal options. The maximum value to any single yearly contract may be up to $5B dollars. Work will be competitively bid by the U.S. Army on a task order basis. To date, no specific contract amounts have been booked into Fluor's backlog.

The U.S. Army's LOGCAP IV contracts were competitively bid through an open and transparent process which resulted in the best value for the Army. The proposal process lasted approximately 20 months including the protest period.

"Throughout this process we have remained confident in our proposal. We are pleased to have these protests resolved favorably so we can start supporting the men and women of the U.S. Armed Forces," said John Hopkins, group executive of Fluor Corporation. "Fluor excels at delivering timely and cost-effective solutions in some of the most remote and difficult locations in the world. It is what our people do best."

"Fluor employees understand the many missions of the U.S. military, and we look forward to providing the personnel and equipment needed to sustain our troops across the globe," said Bob Jones, senior vice president of Fluor's Government Group. "It is one of the most important jobs any company can undertake."

Established by the U.S. Army to fulfill the Department of Defense's global mission during contingency events, LOGCAP provides the military with additional capabilities to rapidly support the logistic requirements of its deployed forces through use of a civilian contractor.

Fluor has served the U.S. Government in a variety of areas including mission support in Iraq and Afghanistan, military construction around the world, hurricane relief in the Gulf Coast, earthquake relief in the Western United States and nuclear decommissioning at government-owned sites.

SOURCE: Fluor Corporation