Providing General Engineering Consultant Services for Private-Public
Partnership Projects
PASADENA, Calif.--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced that it received a
contract from the Texas
Department of Transportation (TxDOT) to provide general engineering
consultant (GEC) services for public-private partnership (PPP) projects
in the Dallas-Fort Worth area to be delivered through design-build,
concession and other alternative delivery methods.
Under the terms of the contract, Jacobs is delivering GEC services
through an Indefinite Deliverable/Indefinite Quantity (IDIQ) contract
over a period of six years. Jacobs’ scope of work includes services
ranging from planning, design, construction oversight, and owner
verification testing.
Jacobs has served in a North Texas TxDOT GEC role since 2004 when it was
awarded a contract to manage the development and implementation of the
I-635 (LBJ) Express Managed Lanes Project. Additionally, Jacobs is GEC
for the DFW Connector, North Tarrant Express (Segment 3A) and SH 183
(Midtown Express) Managed Lanes projects.
In making the announcement, Jacobs Group Vice President, Randy Pierce,
stated, “Using lessons learned from our Dallas-Fort Worth area PPP
experience, we look forward to leveraging our skills and experience in
partnership with TxDOT to enhance the region’s connectivity and mobility
over the next six years.”
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.
Source: Jacobs Engineering Group Inc.