Jacobs on Joint Venture Team Delivering Final Design for Sound Transit
October 09 2012 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
is a member of the joint venture team that was awarded a final
design contract by Sound Transit of Seattle, Wash. for its East
Link light rail extension.
H-J-H Final Design Partners (H-J-H) is a joint venture of HNTB,
Jacobs and Hatch Mott MacDonald. The Sound Transit contract awarded
to H-J-H is valued at $88 million. Under the terms of the contract,
H-J-H is delivering approximately seven miles of double-track light
rail transit, eight stations, a cut-and-cover tunnel in downtown
Bellevue, and long-span bridge crossings over interstates 405 and
90 for the South Bellevue to Overlake Transit Center portion of the
East Link extension.
In making the announcement, Jacobs Group Vice President Kevin
McMahon stated, “We are delighted to be on the final design team
selected by Sound Transit for this project. We look forward to
leveraging our capabilities to deliver this key element of the
Puget Sound region’s long-term transportation network.”
The joint venture team’s project manager, Mary Cay O’Malley of
HNTB, stated, “This is a highly qualified team with a proven
ability to deliver the very best design for Sound Transit and the
communities it serves.” The HNTB, Jacobs and Hatch Mott MacDonald
team also includes 40 other design and professional services firms
with more than 30 of those firms being small and disadvantaged
business enterprises.
HNTB Corporation is an employee-owned infrastructure firm
serving public and private owners and contractors, whose
professionals nationwide deliver a full range of
infrastructure-related services including award-winning planning,
design, and program delivery and construction management.
Hatch Mott MacDonald is a full-service infrastructure,
transportation and environmental engineering company offering
public and private clients a complete range of services including
planning, feasibility studies, design, contract procurement,
construction management, program management and operations, and
maintenance support.
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 2011 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.
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jul 2023 to Jul 2024