<html><head></head><body><div class="ydpfc742239yahoo-style-wrap" style="font-family:garamond, new york, times, serif;font-size:16px;"></div><div id="ydp79b5ade5yahoo_quoted_6317253306" class="ydp79b5ade5yahoo_quoted"><div style="font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:13px;color:#26282a;"><div><div id="ydp79b5ade5yiv7672594459"><div><blockquote type="cite"><div dir="ltr"><div class="ydp79b5ade5yiv7672594459WordSection1"><p class="ydp79b5ade5yiv7672594459paragraph" style="vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:black;">For Immediate Release
</span></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:sans-serif;color:black;"> </span></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:black;"> CONTACT: Matt Cox</span></b></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:black;">April 25, 2019</span></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:sans-serif;"> </span></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;">
</span></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:sans-serif;"> </span></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></b></span><span class="ydp79b5ade5yiv7672594459contextualspellingandgrammarerror"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;">
(</span></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;">916) 847-6459</span></b></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:sans-serif;color:#666666;"> </span></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#666666;">
</span></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;">matt</span></b></span><a href="mailto:darcy@klamathrenewal.org" rel="nofollow" target="_blank"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:windowtext;text-decoration:none;">@klamathrenewal.org</span></b></span></a><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;">
</span></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:sans-serif;color:#666666;"> </span></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#666666;"> </span></b></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" align="center" style="text-align:center;vertical-align:baseline;">
<span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><span style="font-size:18.0pt;font-family:sans-serif;color:#006699;text-transform:uppercase;">Klamath River Renewal Corporation awards KIEWIT milestone construction contract for dam removal</span></b></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:18.0pt;font-family:sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" align="center" style="text-align:center;vertical-align:baseline;">
<span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">KLAMATH BASIN – Yesterday, the Klamath River Renewal Corporation (KRRC) took a major
step toward dam removal and creating a free-flowing Klamath River by entering into a dam removal design-build contract with construction firm Kiewit Infrastructure West Co. of Fairfield, California. The initial award authorizes $18.1 million in preliminary
services, with a further award for project implementation work to follow once design is finalized.</span></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:sans-serif;color:#212121;"> </span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;">“Selecting Kiewit marks another key achievement and brings KRRC closer to completing
the largest dam removal and river restoration project in U.S. history. This contract will help demonstrate KRRC’s capacity to undertake the project consistent with a license transfer application pending before the Federal Energy Regulatory Commission,” said
Mark Bransom, KRRC Chief Executive Officer. “Once implemented, the project will help restore the vitality of the Klamath River so that it can support all communities in the basin.”</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">Kiewit has extensive experience in major construction projects, most
recently the emergency reconstruction of the Oroville Dam spillways, which involved removal and repair of both the main flood control and emergency spillways in less than 18 months as well extensive debris and sediment removal, development of access roads
and other work. Kiewit has also undertaken relevant projects such as the Folsom Dam Spillway Construction (Phases II & IV), East Toba and Montrose Hydroelectric Design Build and the
</span></span><span class="ydp79b5ade5yiv7672594459spellingerror"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">Kwalsa</span></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">
and Upper Stave Hydroelectric Design Build.</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">Kiewit has assigned Knight Piesold as the lead designer of the KRRC
project. The selection of the restoration contractor will be forthcoming.</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">"We are very proud to have been selected by KRRC. This project has many similarities
to other complex water and hydroelectric projects we’ve delivered across North America,” said Jamie Wisenbaker, senior vice president, Kiewit Infrastructure West Co. “We fully understand the breadth and importance of this undertaking and are excited and committed
to safely delivering a high-quality project that meets the expectations of KRRC, the community and all key stakeholders in the region. We look forward to partnering with KRRC and getting started.”</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" align="center" style="text-align:center;background:white;vertical-align:baseline;">
<span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">(More)</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">Under this agreement, Kiewit will utilize the Progressive Design-Build
(PDB) delivery method, assuming responsibility for both the design and execution of dam removal and river restoration, to be completed across two phases.</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">The preliminary services phase will include design, planning, permitting
support, native seed bank development, and other preparation for the later drawdown of the reservoirs. This work will begin immediately.</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">The project implementation phase will be awarded to Kiewit at the end
of the preliminary services phase, beginning with pre-drawdown work including dam modifications for drawdown of the reservoirs, road and bridge access improvements to accommodate construction vehicle traffic, and bridge and culvert improvements to accommodate
new river and creek geometry.</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">Following the reservoir drawdown, project implementation will focus
on dam and hydropower facilities removal, recreation facilities removal, creation of new recreation facilities, and restoration of formerly inundated land and other disturbed areas.</span></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:sans-serif;color:#212121;"> </span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">The project implementation phase is contingent on the Federal Energy
Regulatory Commission’s approval of license transfer and license surrender, as well as other regulatory permits.</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">Early in the preliminary services process, Kiewit will study the project
site and develop a detailed project design, including obtaining competitive bids for various elements of the work. With this information, KRRC and Kiewit will agree on a final “Guaranteed Maximum Price” (GMP) for all project implementation work. The GMP ensures
that the contractor will be responsible for absorbing cost overruns, protecting the ratepayers and taxpayers who are funding this project.</span></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:sans-serif;color:#212121;"> </span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">On the current schedule, it is expected that Kiewit will complete due
diligence and submit a GMP based on 60-percent design by January 2020.</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">The PDB contract requires that local and tribal businesses and individuals
</span></span><span class="ydp79b5ade5yiv7672594459advancedproofingissue"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">have the opportunity to</span></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">
participate, and to increase the number of ways that this project will benefit the surrounding communities and local economy.</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">“For many years, local tribes have been saying ‘bring the salmon home.’
They have advocated passionately for this project,” said Lester Snow, KRRC Board President. “KRRC wishes to acknowledge the enormous and effective work of countless tribal members who truly laid the foundation for this project.” </span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" align="center" style="text-align:center;background:white;vertical-align:baseline;">
<span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;"> (More)</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:Gothic sans-serif;color:#212121;">“Kiewit has every technical skill in the world to get the job done,
but beyond that, they just feel like the right fit,” said Bransom. “Kiewit also comes to the project with relevant experience, including with the states of California and Oregon, as well as PacifiCorp (a Berkshire Hathaway Energy company), through successfully
completed construction projects as well as other business relationships.”</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" align="center" style="text-align:center;background:white;vertical-align:baseline;">
<span class="ydp79b5ade5yiv7672594459normaltextrun1"><span style="font-size:12.0pt;font-family:New serif;color:black;"># # #</span></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:12.0pt;font-family:New serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><b><i><span style="font-size:10.0pt;font-family:Gothic sans-serif;color:#212121;">The Klamath River Renewal Corporation (KRRC)</span></i></b></span><span class="ydp79b5ade5yiv7672594459normaltextrun1"><i><span style="font-size:10.0pt;font-family:Gothic sans-serif;color:#212121;">
is an independent nonprofit organization formed in 2016 as part of the amended Klamath Hydroelectric Settlement Agreement (KHSA). KRRC is part of a cooperative effort to re-establish the natural vitality of the Klamath River so that it can support all communities
in the basin. Signatories of the amended KHSA include the states of California and Oregon, local governments, tribal nations, dam owner PacifiCorp, irrigators, and several conservation and fishing groups. KRRC was formed for the sole purpose of taking ownership
of four PacifiCorp dams — J.C. Boyle, Copco, No. 1 & 2, and Iron Gate — and then removing these dams, restoring formerly inundated lands, and implementing required mitigation measures in compliance with all applicable federal, state and local regulations.
KRRC’s work is funded by PacifiCorp customer surcharges and California Proposition 1 water bond funds.</span></i></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:10.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><i><span style="font-size:10.0pt;font-family:Gothic sans-serif;color:#212121;">KRRC values transparency and cooperation with all stakeholders and
is committed to working with residents and governments to minimize any nuisance or negative impacts while enhancing the project’s local benefits.</span></i></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:10.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459paragraph" style="background:white;vertical-align:baseline;"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><i><span style="font-size:10.0pt;font-family:Gothic sans-serif;color:#212121;">More information about KRRC and its mission can be found at the
KRRC’s website: </span></i></span><a href="http://www.klamathrenewal.org/" rel="nofollow" target="_blank"><span class="ydp79b5ade5yiv7672594459normaltextrun1"><i><span style="font-size:10.0pt;font-family:Gothic sans-serif;color:windowtext;text-decoration:none;">www.klamathrenewal.org</span></i></span></a><span class="ydp79b5ade5yiv7672594459normaltextrun1"><i><span style="font-size:10.0pt;font-family:Gothic sans-serif;color:#212121;">.</span></i></span><span class="ydp79b5ade5yiv7672594459eop"><span style="font-size:10.0pt;font-family:Gothic sans-serif;"> </span></span></p>
<p class="ydp79b5ade5yiv7672594459MsoNormal"> </p>
<p class="ydp79b5ade5yiv7672594459MsoNormal"> </p>
<p class="ydp79b5ade5yiv7672594459MsoNormal"><b><span style="color:black;">Matt Cox, </span></b><b><span style="color:#4F81BD;">Klamath River Renewal Corporation</span></b><span style="font-size:12.0pt;color:black;"></span></p>
<p class="ydp79b5ade5yiv7672594459MsoNormal"><span style="color:black;">Director of Communications</span><span style="font-size:12.0pt;color:black;"></span></p>
<p class="ydp79b5ade5yiv7672594459MsoNormal"><span style="color:#595959;">Cell: 916-847-6459 </span><span style="font-size:12.0pt;color:black;"></span></p>
<p class="ydp79b5ade5yiv7672594459MsoNormal"><a href="mailto:matt@klamathrenewal.org" rel="nofollow" target="_blank"><span style="color:blue;">matt@klamathrenewal.org</span></a><span style="font-size:12.0pt;color:black;"></span></p>
<p class="ydp79b5ade5yiv7672594459MsoNormal"><span style="color:#212121;"><a href="https://linkprotect.cudasvc.com/url?a=http%3a%2f%2fwww.klamathrenewal.org%2f&c=E,1,cupiZB7LG7mmBGAImFdjLgtfkRs9ZOTzGNWwFIDfwhzgL2CrZOfKJNsIt0dISMoKBLviYt0py-_FfIQTmpyVmm--Elwli4nuCCoYStlt1DI0i78E&typo=1" rel="nofollow" target="_blank"><span style="color:blue;">www.klamathrenewal.org</span></a></span><span style="font-size:12.0pt;color:black;"></span></p>
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