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.