Posted on April 2, 2025
ARCADIS (ARCAY.PK) announced that it has received two major Guaranteed Remediation Program or GRiP contracts for environmental remediation from Atlantic Richfield Company, a BP affiliate, and the US Army for $170 million.
The company said that the contract with Atlantic Richfield Company involves environmental remediation and site closure for a portfolio of contaminated sites. ARCADIS said that it will provide GRiP approach to assure that each site in the portfolio will meet the environmental cleanup standards set by the regulators.
In addition, the US Army Environmental Command has recently awarded ARCADIS a GRiP contract involving three projects at Fort Meade, Maryland and the associated Phoenix Military Installation. The work will include site investigation, evaluation of remedial alternatives and remediation of contaminated sites.
