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Louis Berger JV Wins $265M Riyadh Construction Management Contract; Jim Stamatis Comments

Louis Berger JV Wins $265M Riyadh Construction Management Contract; Jim Stamatis Comments - top government contractors - best government contracting event

Louis-Berger-GroupA joint venture between The Louis Berger Group and Hill International has won a $265 million contract to manage infrastructure projects in Riyadh, Saudi Arabia.

The team wil supervise Package 3 construction items for the Riyadh Metro project, holding responsibility for three out of six lines in the capital's new metro system, Louis Berger said Wednesday.

Jim Stamatis, president of Louis Berger's international operation, said the project aims to help reduce traffic jams in Saudi Arabia's capital city.

The Arriyadh Development Authority awarded the contract to the Riyadh Advanced Metro Project Execution and Delivery joint venture, in which Louis Berger and Hill hold respective stakes of 55 percent and 45 percent.

The contract contains five years of base period and a 24-month defects liability period.

Package 3 includes Line 4 connecting the King Khalid International Airport to various sections, Line 5 in a tunnel along King Abdulaziz Street and Line 6 between King Abdullah Financial District to the Prince Saad Ibn Abdulrahman Al Awal Road.

The metro system also covers nearly 41.6 miles of track that include a 28.8-mile elevated alignment, 3.4-mile mined tunnel, 22 stations and an approximately 8-mile bored tunnel.

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Written by Jay Clemens

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