URS Awarded Operations and Maintenance Contract by Virginia Department of Transportation; Contract Has Value of $22 Million to URS

Business Wire, Feb 13, 2006

SAN FRANCISCO -- URS Corporation (NYSE: URS) today announced that it has been awarded a contract by the Virginia Department of Transportation (VDOT) to provide operations and maintenance support to the Hampton Roads Smart Traffic Center in the Hampton Roads area of Virginia. The contract, which the Company won through a re-competition, includes a three-year base period and two additional one-year option periods. The contract has a value to URS of $22 million over the initial three-year base period.

For 14 years URS has been the prime consultant supporting the Hampton Roads Smart Traffic Center, which monitors and manages local interstate traffic on a real-time basis. Under the terms of the newly awarded contract, URS will provide operations and maintenance services, including monitoring traffic conditions on more than 100 miles of freeway; coordinating emergency response activities; providing planning, design and engineering services for various expansion efforts at the Smart Traffic Center; managing and maintaining all of the Center's equipment and facilities; and performing inventory, management and other logistical services.

Commenting on the contract win, Gary V. Jandegian, President of the Company's URS Division, said: "Since 1992, URS has been assisting the Virginia Department of Transportation with the development and management of the Hampton Roads Smart Traffic Center--one of the largest, most complex traffic management systems in the country. We are pleased to have the opportunity to continue this work under the new contract and look forward to helping VDOT meet its evolving transportation needs."

URS Corporation offers a comprehensive range of professional planning and design, systems engineering and technical assistance, program and construction management, and operations and maintenance services for transportation, commercial/industrial, facilities, environmental, water/wastewater, homeland security, installations and logistics, and defense systems. Headquartered in San Francisco, the Company operates in more than 20 countries with approximately 28,000 employees providing engineering and technical services to federal, state and local governmental agencies as well as private clients in the chemical, pharmaceutical, oil and gas, power, manufacturing, mining and forest products industries (www.urscorp.com).