Speaker  Bio  –  Sco-  Schmidt  

•  Vice  President  Strategy  &  Development,  Kiewit  Corpora@on  –  Strategic  Planning  –  Mergers  &  Acquisi@ons  

–  Treasury  

•  Prior  to  Kiewit  –  Commercial  Banker  

–  Investment  Banker  

–  Private  Equity  

Kiewit  Overview  

•  $10.3 B revenue in 2014 –  3rd largest contractor in US - ENR

•  12,000 staff & 21,000 craft –  Over 78 M man-hours

•  100% owned by current employees –  Approx. 3,200 shareholders

•  Founded in 1884

Business  Segments:  Market  Focus  

MINING  

MINING  

BUILDING  

BUILDING  

OIL,  GAS  &  CHEMICAL  

POWER  

ENERGY  

WATER/WASTEWATER  

TRANSPORTATION  

INFRSTRUCTURE  

KIEWIT  CORPORATION  

•  Air  •  Bridge  •  Marine  and  port  facili@es  •  Rail  •  Roads    •  Tunnels  

•  Gas  •  AQCS  •  Power  delivery  •  Renewables  •  Nuclear  

•  Upstream  —  Offshore  •  Upstream  —  Oil  sands  •  Midstream  •  Downstream  

•  Dam  •  Desalina@on  •  Water  supply  •  Wastewater  

•  Commercial  •  Data  center/mission  cri@cal  •  Government  •  Healthcare  •  Hospitality  •  Manufacturing/industrial  •  Mixed  use/retail  •  Sports  and  entertainment  •  Transit  facili@es  

•  Contract  mining  •  Mine  infrastructure  •  Mine  planning  •  Ore  processing  •  Owned  opera@ons  

M&A  Criteria  •  Core  competencies  

•  Culture  /  core  values  •  Access  to  new  market  or  

geography  

•  Business  we  know  and  understand  •  Create  value  and  build  sustainable  

compe@@ve  advantage  

•  Strong  management  team  willing  to  stay  post-­‐acquisi@on  

•  Appropriate  return  on  capital    

Acquisi@ons  

2007   Trois-­‐Rivieres,  Quebec  

Industrial  construc@on  &  maintenance  –  OGC,  power,  

manufacturing  

2008   Steamboat  Springs,  CO  

Industrial  construc@on  –  power,  process,  mining  

2010   Eden  Prairie,  MN  

Mechanical/Industrial  contractor  –  OGC  &  power  

Organic  

•  Kiewit  Offshore  Services  Ingleside,  TX  -­‐  2001  

•  An@cipated  increased  drilling  ac@vity  in  GOM  &  deepwater  worldwide  

•  Western  Australia  -­‐  Opened  office  in  Perth  in  2009    

•  Capitalize  on  increasing  demand  for  commodi@es  

Future  Plans    

•  Kiewit  Midstream  

–  Design,  build,  own,  operate  midstream  assets  

–  Acquire  exis@ng  assets  and  /  or  companies  

•  Mexico?  Other  Geographic  Markets?  

–  Opening  up  of  Mexican  oil  and  gas  market  to  foreign  and  private  investment  for  first  @me  in  75+  years  

–  How  to  par@cipate?