PASADENA, Calif.--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it received a contract from the Texas Department of Transportation (TxDOT) to provide construction engineering inspection services for the US 75/Interchange Improvements Project from the President George Bush Turnpike to Park Boulevard in Collin County.
Under the terms of the contract, Jacobs is providing construction, engineering and inspection services to TxDOT for improvements to the US 75/President George Bush Turnpike interchange, including improvements of two direct connectors, extension of the railroad bridge, constructing new auxiliary lanes and demolishing/reconstructing the Plano Parkway Bridge that spans across US 75. All improvements are scheduled to be complete in three years with primarily night time lane closures, while maintaining an active railroad line.
In making the announcement, Jacobs Group Vice President Randy Pierce stated, “We are pleased to continue our long-term relationship with TxDOT and look forward to working on these complex and much needed improvements in Collin County. Together with other planned improvements along US 75, this project will help enhance the safety and mobility of the travelling public in the region.”
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.
