Milestones Q1 2000

• Bechtel is providing engineering and construction management expertise for a $1.2 billion expansion of the Internet's infrastructure. The company will build or expand more than 30 supersecure Internet Business Exchange™ facilities worldwide over the next four years for Equinix, Inc. of Redwood City, California, an independent manager of Internet infrastructure and collocation facilities.
• A joint venture led by Bechtel and Korve Engineering will provide program management services for a $918 million rail and roadway improvement project near Los Angeles. When complete in 2007, the Alameda Corridor East project will form a 56-kilometer-long direct rail link between Los Angeles shipping ports and intermodal freight terminals, where connections can be made with the country's transcontinental rail network.
• A consortium of Bechtel and INTEC Engineering has been awarded a $50 million contract by Burullus Gas Company to provide deepwater management services for development of two gas fields in the eastern Mediterranean. The fields are located 90 kilometers from the Nile Delta, in water 250 to 850 meters deep. The three-year project will consist of a long-distance subsea tieback to new onshore facilities. Bechtel will be responsible for plant engineering, procurement, and project management.
• A consortium of Bechtel and mass-transit vehicle supplier Adtranz has been given notice to proceed on a $605 million contract to design, build, operate, and maintain a diesel light-rail line between Trenton and Camden, New Jersey. In addition to upgrading track along the alignment that the transit authority is purchasing, the three-year project includes construction or rehabilitation of 23 bridges, 20 stations, and other facilities, followed by a 10-year operations and maintenance phase.
• Europe's largest polyvinyl chloride manufacturer, EVC International NV, has signed an alliance agreement with Bechtel for the marketing and building of industrial plants for the production of ethane-to-vinyl chloride monomer. The alliance will build on EVC's patented process technology, which promises to reduce the polyvinyl chloride industry's dependence on ethylene and petrochemicals.
• An Airport Group International consortium that includes Bechtel Enterprises has been awarded a 20-year management contract with Costa Rica's Ministry of Public Works and Transportation to expand, operate, and promote Juan Santamaría International Airport, serving Costa Rica's capital, San José. The management contract includes a $180 million, 14-year construction program to improve the airport's infrastructure, operating efficiency, service, and safety.
• An affiliate of Conoco Global Power has selected Bechtel to build a $250 million combined-cycle cogeneration plant inside a DuPont chemical facility in Orange, Texas. The 420-megawatt power plant will produce nearly a million pounds of steam per hour when it begins operating in the third quarter of 2001.
• The Crown Prince and scores of other high-level officials from Saudi Arabia and elsewhere gathered for the dedication of King Fahd International Airport (KFIA) in Dammam October 27. KFIA is the second of two airports built by Bechtel for the Kingdom. Planning began in the early 1980s, but construction was interrupted by the Gulf War, when the then-partially completed KFIA was pressed into military service. The airport can serve up to 10 million passengers a year, and includes terminals, runways, and taxiways, a mosque big enough for 2,000 worshippers, a 5,000-car parking garage, and a control tower.
• A consortium consisting of affiliates of Bechtel, Johnson Controls, and Lockheed Martin has been granted a five-year extension by the U.S. Department of Energy to continue to manage its Nevada Test Site and related facilities through September 2005. Bechtel performs stockpile stewardship and other services at the site, which conducts secure testing for hazardous chemical spill management, emergency response training, conventional weapons testing, and waste management and environmental technology studies.
• The American Society of Mechanical Engineers has named Bechtel Mechanical Engineer Connie Lausten as one of two Congressional Fellows. Lausten will provide engineering expertise in the area of energy and environment to the Commerce Committee of the U.S. House of Representatives throughout this year.
• Bechtel has completed the largest grassroots copper concentrator project in its history, in mountainous north-central Chile. The $930 million Los Pelambres project encompasses extensive processing facilities and a 120-kilometer slurry pipeline that crosses the country at its narrowest width. The entire project was completed just 17 months after the first placement of concrete.
• Bechtel's continuing work on the buildout of Tritel's PCS network in the southeastern United States has met a series of important milestones with commercial launch of wireless networks in Alabama, Kentucky, Mississippi, and Tennessee. Bechtel continues with the $500 million Tritel network buildout, which consists of 1,200 PCS sites and six switching centers.
• Bechtel has signed an agreement with Bermuda-based Pangea Ltd. to provide construction and project management services for a $450 million fiber-optic cable network connecting eight countries in Northern Europe. The 7,000-kilometer integrated broadband system will furnish telecommunication carriers and Internet service providers with an alternative to acquiring and managing independent network components.
• Bechtel has entered into a $300 million program with iMotors, an online retailer of used cars, to design and build up to 30 vehicle certification centers worldwide. iMotors's customers use the Internet to order vehicles, which are then located by the company and put through extensive inspection and reconditioning at the centers. When complete, the centers will be the most sophisticated of their type.
• Bechtel has met the aggressive completion dates for a 150-meter-long power cable tunnel under the River Yare, near England's North Sea coast. Timely tunnel completion was a condition of Bechtel's contract to build a 400-megawatt power plant for Great Yarmouth Power Limited. Going underground helps minimize visual impact on the town of Great Yarmouth, an attractive tourist destination and thriving port. Bechtel continues working on two other tunnels for the project.
• Bechtel subsidiary Bechtel Bettis, Inc. has been named 1999 Large Employer of the Year by the Pennsylvania Governor's Committee on Employment of People with Disabilities. Bechtel Bettis manages and operates the U.S. Navy Nuclear Propulsion Program's Bettis Atomic Power Laboratory. One of the laboratory's facilities is in West Mifflin, Pennsylvania.
• Bechtel has met tough cost and schedule targets to complete work as project management contractor at the US$550 million Queensland Fertilizer Project for Western Mining Corporation Fertilizers. The project--at three far-flung sites in northern Queensland, including Townsville--involved managing the engineering, procurement, construction, and commissioning of the project's plants, which process phosphate rock and produce chemical constituents for fertilizers.
• Bechtel is building a $30 million manufacturing facility at Kedah, Malaysia, for the production of composite aerospace parts. The 25,000-square-meter facility, for a joint U.S.-Malaysian venture that includes aircraft giant Boeing, consists of a manufacturing center, warehouse, offices, and other structures. Completion is scheduled for the fourth quarter of 2000.