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Press Release

ABS Group Member of Joint Venture Team Awarded FEMA Contract for Flood Risk Data Services in $600MM

January 7, 2015

Work scope includes architectural and engineering services to increase community safety

(Houston) ABSG Consulting Inc. (ABS Group) announced today that it is part of a joint venture team awarded a $600 million ceiling contract by the U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) to provide quality flood and other risk data to increase public awareness and achieve mitigation actions that help reduce the risk to life and property. The joint venture team is being led by AECOM, the world's No. 1 ranked engineering design firm.

Along with AECOM and ABS Group, the Compass PTS joint venture partners include CDM Federal Programs Corporation, T&M Associates, Halff Associates and Fugro EarthData, Inc. The team will provide production and technical services for the Risk Mapping, Assessment and Planning (Risk MAP), Hazard Mitigation Technical Assistance Program (HMTAP) and Technical Assistance and Research Contracts (TARC) programs. The Risk MAP program combines flood hazard mapping, risk assessment tools and hazard mitigation planning into an integrated program that encourages building more resilient communities.

ABS Group Vice President for Global Government Services John Duncan said "ABS Group is excited to be a member of the Compass PTS JV and to support FEMA on this important program. This contract provides an opportunity for ABS Group to apply our expertise in risk management and engineering to help improve the resiliency of communities across the country."

The contract period is for five years with additional option years possible and projects were scheduled to begin in December 2014.

About ABS Group

ABS Group of Companies, Inc. (www.abs-group.com), through its operating subsidiaries, provides data-driven risk and reliability solutions and technical services that help clients confirm the safety, integrity, quality and efficiency of critical assets and operations. Headquartered in Spring, Texas, ABS Group operates with more than 1,000 professionals in over 20 countries serving the marine and offshore, oil, gas and chemical, government and industrial sectors. ABS Group is a subsidiary of ABS, one of the world's leading marine and offshore classification societies.

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