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BUSINESS NEWS AECOM SELECTED TO
DELIVER
“This appointment builds on our track record of delivering complex, high- profile developments that shape the cities of tomorrow,” said Jason Kroll, chief executive of AECOM Arabia. “Our integrated team brings deep regional experience, digital delivery capabilities and industry-leading expertise in sustainability, and we look forward to collaborating with our partners to bring this world-class destination to life.” AECOM will deploy advanced digital project management tools, data-driven dashboards and lean construction methodologies to optimize project tracking, enhance stakeholder communications, and proactively mitigate risks – setting new standards for project delivery in the region. AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, AECOM solves clients’ complex challenges in water, environment, energy, transportation and buildings. PERINI MANAGEMENT SERVICES, INC. ANNOUNCES TWO PROJECTS COLLECTIVELY VALUED AT $48.9 MILLION Tutor Perini Corporation, a leading civil, building and specialty construction company, announced that its subsidiary, Perini Management Services, Inc., is underway with work on two new projects that were awarded earlier this year.
The Barrier System Repair at Royal Air Force Lakenheath, United Kingdom project was awarded as a task order under the United States Air Force’s Worldwide Engineering & Construction contract. The project includes civil, mechanical, electrical, and paving scopes of work involved in the design and construction of security fencing; aircraft, vehicle, and pedestrian gates; infrastructure to support surveillance equipment; and patrol roads. Work began in February 2025 and substantial completion is anticipated in the fall of 2026. The Rio Bayamon Housing Infrastructure, Utilities, and Resiliency in Puerto Rico is a design-build project that will improve the resilience of the electrical and water storage infrastructure and distribution at the Rio Bayamon Housing site. The scope of work includes construction of new access roads, security fencing and gates, patching existing roadways and curbs for the new electrical distribution, and resiliency work, in addition to providing a new utility building, water storage tank, selective demolition, and improvements to existing storm drainage piping. Work began in January 2025 and substantial completion is anticipated in the spring of 2027. Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private customers and public agencies throughout the world.
PROJECT AND ENGINEERING SERVICES FOR THE AVENUES – RIYADH PHASE II AECOM, the trusted global infrastructure leader, announced it has been appointed by Shomoul Holding Company as the Project Management Consultant and engineer for Phase II of The Avenues – Riyadh, a transformative mixed-use development in North Riyadh City, Saudi Arabia, following the successful delivery of The Avenues Phase I. The Avenues aims to be one of the most prominent commercial and investment destinations in the Middle East, elevating Saudi Arabia’s position as a regional hub for business, innovation and lifestyle. MANAGEMENT “We are honored that Shomoul Holding Company has entrusted us to extend our key role on The Avenues - Riyadh,” said Hamed Zaghw, chief executive of AECOM’s Middle East and Africa region. “This award is a testament to the transformational outcomes we are delivering for our clients across the Kingdom, and we are excited to shape a development that aligns with Vision 2030 and sets a new benchmark for mixed- use environments in the Middle East.” Valued at over $4 billion, the project spans 1.870,000 square meters of built- up area and 370,000 square meters of leasable area. It will include a luxury shopping mall and five towers featuring mixed-use functionalities. It is scheduled to open in early 2026.
They are two different things. “Failure” means major business failure to me. I do not subscribe to the theory that one of my guest speakers once told my students, that “everyone who is a millionaire has gone broke at least once.” That’s BS. In fact, very, very few of the wealthiest and most successful people I know in this business (or any other business) have ever gone broke. We don’t want to have a cavalier attitude toward potential disaster. That is just not smart. But experimentation – trying new things continuously – is essential. That shouldn’t be discouraged. We don’t want our people afraid to try new things for fear of reprimand or losing their jobs. We need to encourage that because every so often one of those experiments will yield a major breakthrough. Do enough of them and odds are you will make a major discovery that can positively impact the future of your business. Mark Zweig is Zweig Group’s chairman and founder. Contact him at mzweig@zweiggroup.com.
MARK ZWEIG , from page 5
having a problem? Adopting new branding? Creating a whole new service package and selling it like a product? Selling free or low cost audits of a client’s facilities as a way to get an “in”? Marketing requires constant experimentation. It won’t all work but the downside risk of an experiment not working out is usually pretty low. Or what about people and organization? Running a business requires constantly evaluating whether or not you have the right people in the right roles. Have you done any experiments trying specific people out in new roles? Have you promoted anyone who is not ostensibly “qualified” for the job? Have you brought in someone new to add a whole new service line? Have you created an all-new role for someone to get something done that you really want to get accomplished? These are all experiments that may or may not work out. I could go on here but the message is this: Don’t confuse failure with experimentation – for your people or yourself.
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THE ZWEIG LETTER OCTOBER 6, 2025, ISSUE 1604
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