Selected for Construction of Route 37 Mathis Bridge
PASADENA, Calif.--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced today that it was
awarded a contract from the New Jersey Department of Transportation
(NJDOT) to provide construction inspection services for the
rehabilitation of the existing 4,877 ft. EB (low-level) Route 37 Mathis
Bridge over Barnegat Bay, including the double-leaf bascule section.
Officials estimate the construction value to be $79 million with a
contract value estimated at $7.7 million.
Under the terms of the contract, Jacobs is providing supervision of
construction for the replacement of the superstructure on all approach
spans with exothermic deck units and the structural, electrical and
mechanical rehabilitation of the bascule section. Traffic is not
expected to be impacted during the summer season and will be diverted to
a reconfigured traffic pattern on the Tunney Bridge during off season
construction activities.
In making the announcement, Jacobs Group Vice President Randy Pierce
stated, “Both the Mathis Bridge and the neighboring Tunney Bridge are
used to travel on and off the barrier island from Toms River to Seaside
Heights, N.J., one of the well-known summer retreats and year-round
shore communities. Therefore, we are glad to partner with NJDOT to
provide better and more reliable access to this popular area of New
Jersey, which plays a big part in the overall vitalization of its
economy.”
Construction
is anticipated to continue for three seasons and is expected to be
substantially complete in May 2018. One lane eastbound and two lanes
westbound are to be maintained on the Tunney Bridge during each
construction season. The eastbound Mathis Bridge will be completely closed
to vehicle traffic during these construction seasons.
Jacobs is one of the world's largest and most diverse providers of
technical professional and construction services.
Statements made in this release that are not based on historical fact
are forward-looking statements. We base these forward-looking statements
on management’s current estimates and expectations as well as currently
available competitive, financial and economic data. Forward-looking
statements, however, are inherently uncertain. There are a variety of
factors that could cause business results to differ materially from our
forward-looking statements. For a description of some of the factors
which may occur that could cause actual results to differ from our
forward-looking statements please refer to our 2014 Form 10-K, and in
particular the discussions contained under Items 1 - Business, 1A - Risk
Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and
Analysis of Financial Condition and Results of Operations. We do not
undertake to update any forward-looking statements made herein.
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Source: Jacobs Engineering Group Inc.