AECOM has secured eight places on the Engineering and Technical Consultancy Framework established by Scotland Excel. This four-year agreement enables the firm to provide engineering and technical consultancy services to local Scotland authorities. The framework serves 32 local Scotland Councils and associate members across the country, offering a collaborative model for procuring design and construction consultancy services.

The eight awarded lots cover a comprehensive range of services, including transportation, water and environmental design, as well as project and commercial management solutions. AECOM's selection was driven by its local delivery approach, which is supported by integrated UK-wide expertise. This strategy was noted as a key differentiator that contributed to the Company achieving top-quality scores on several lots.

Strategic Impact and Executive Commentary

"Covering a substantial range of services from transportation to water security to community planning, this framework reflects Scotland’s deep commitment to modernizing and enhancing its critical infrastructure," said Richard Whitehead, chief executive of AECOM’s Europe & India region. "We look forward to combining our local teams and global expertise to deliver solutions aligned with the Scottish Government’s National Outcomes, ensuring we support the health, wellbeing and sustainability of Scottish communities."

Beverley Stinson, chief executive of AECOM’s global Water business, highlighted the company's expanded role. "Our significantly expanded role on this second-generation framework highlights our technical strength and quality relationships across Scotland and the United Kingdom as a whole," Stinson said. "Building on our recent selections as preferred bidder for Scottish Water’s multi-billion-dollar Enterprise Alliance and our record positions on the UK’s AMP8 framework, our substantial position on this framework demonstrates our competitive advantage and the value we bring to some of the largest infrastructure programs in the world."

Framework Details

Scotland Excel is a procurement organization serving the local government sector. The Engineering and Technical Consultancy Framework represents the second generation of this collaborative model. By securing a position on this latest-generation framework, AECOM has strengthened its standing to support local government infrastructure projects.

The Schall Law Firm and Pomerantz LLP are investigating claims on behalf of investors of AECOM concerning potential violations of securities laws. The investigations focus on whether the company issued false or misleading statements or failed to disclose material information following its Q2 2026 financial results. AECOM reported operating cash flow of $4 million, down 98% year over year, and adjusted free cash flow swung to negative $27 million. Following these disclosures, AECOM's stock price fell $9.55 per share, or 12%, to close at $69.95 per share on May 12, 2026.

On May 11, 2026, AECOM announced its second quarter fiscal 2026 results. During the earnings call, Chief Financial Officer Gaurav Kapoor attributed the performance to longer-than-anticipated claim resolution on certain projects and delayed payment timing in the Middle East. Kapoor specified that these issues involved projects bid in fiscal year 2019 and 2020 for two clients, where the resolution process had been unexpectedly slow despite successful outcomes on individual claims.

The following day, on May 12, 2026, AECOM filed its quarterly report on Form 10-Q. The filing showed that significant claims recorded in contract assets and other non-current assets were approximately $680 million as of March 31, 2026. This figure represents a significant increase from approximately $400 million as of September 30, 2025.

The Schall Law Firm, a national shareholder rights litigation firm, has advised affected shareholders to contact Brian Schall to discuss their rights. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is also pursuing the investigation to determine if investors have suffered damages due to the alleged misconduct. Investors are advised to contact Danielle Peyton at Pomerantz LLP.

Key Financial Metrics