Jacobs Receives Pounds Sterling 100 Million Forth Bridge Contract
PASADENA, Calif., Jan. 29 - Jacobs Engineering Group Inc. (NYSE:JEC) announced today that its joint venture team received a contract from Transport Scotland to design, develop, and project manage the construction of a new cable-stayed bridge across the River Forth. Jacobs is in joint venture with Arup on the contract.
Officials estimated the value of the contract at pounds 100 million, one of the biggest transport consulting contracts ever awarded in Scotland. The project is estimated to have a capital value of between pounds 3.2 and pounds 4.2 billion.
Transport Scotland is the country's national transport agency and is responsible for delivery of the Scottish government's transportation investment program.
A study into the area's future transportation needs concluded that a replacement crossing for the existing Forth Road Bridge, which is more than 40 years old, is required to maintain a vital link for the economies of Fife, Edinburgh, and the East coast of Scotland.
The joint venture team, which includes Flint & Neill Partnership, Dissing & Weitling, and EC Harris, will provide services across a range of disciplines including architecture and aesthetics, geotechnics, environment and landscaping, budgeting, statutory processes, and health and safety.
In making the announcement, Jacobs Group Vice President Michael Higgins said, "We are delighted that our joint venture with Arup will play a central role in the delivery of the new Forth Bridge, the most exciting and significant transport project planned for Scotland in the 21st century. The project will deliver a key element of the country's future transportation infrastructure and one which will provide a range of benefits for both the local economy and for the wider community in Scotland."
Jacobs, with about 54,000 employees and $9 billion in revenues, provides technical, professional, and construction services globally.
FCMN Contact: Janet.St.Amant@jacobs.com
Source: Jacobs Engineering Group Inc.
CONTACT: Mary Bloom of Jacobs Engineering Group Inc., +1-626-578-6992
Web site: http://www.jacobs.com/
