PASADENA, Calif., Jan. 29 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that its subsidiary Edwards and Kelcey, Inc. received a contract from the New Jersey Turnpike Authority (NJTA) to design the widening of a 12-mile section of the Turnpike. The project also requires design for bridgework, utility relocation, stormwater management, and related engineering services.
Officials estimate the preliminary construction value of the contract at $125 million with final design scheduled for completion in 2010.
Jacobs will provide design services for a section of the turnpike that begins three miles south of Interchange 8A and extends 12 miles north to Interchange 9. The three southernmost miles, which taper from 10 lanes to 6 lanes, will be widened to 12 lanes. The roadway will be dualized, with three inner lanes in either direction designated for use by cars only and three outer lanes in either direction designated for use by cars, trucks, and busses. The nine northernmost miles, which are dualized, will be widened from 10 lanes to 12 lanes.
The firm will also design the reconstruction, modification, or replacement of six bridges and two culverts. The bridgework includes two local road crossings and a structure to accommodate a U-turn for the New Jersey State Police Barracks near the Molly Pitcher Service Area. New ramps will be constructed to establish connections to the barracks and to the Molly Pitcher Service Area. Another new ramp will link the 8A toll plaza ramp to the southbound inner roadway.
The project also includes construction of a stormwater management system consisting of seven retention basins plus the relocation of utilities such as electric, gas, oil, and fiber optic lines.
Edwards and Kelcey's long-term relationship with the NJTA includes other recent work such as the preliminary design for Interchange 12 in Carteret, N.J.; and the design to reconstruct, rehabilitate, or replace six bridges carrying state highways and turnpike ramps over the Turnpike south of Interchange 4. Jacobs also is designing the Tremley Point Connector Road between Carteret and Linden in N.J.
In making the announcement, Jacobs Group Vice President Kevin J. McMahon said, "We are pleased to be selected for this work and to continue our relationship with the New Jersey Turnpike Authority, which dates back to its creation more than half a century ago. We are delighted to be supporting its long-term redevelopment."
Jacobs, with about 54,000 employees and $9 billion in revenues, provides technical, professional, and construction services globally.
Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in 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 2007 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 also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.
For additional information contact:
Mary Bloom
626.578.6992
SOURCE Jacobs Engineering Group Inc.
Web site: http://www.jacobs.com