Jacobs announces contract with the Port of Houston Authority
Jacobs Engineering Group Inc. (NYSE:JEC) announced that it received a contract from the Port of Houston Authority to perform professional engineering services for the rehabilitation of Wharves 1 and 2 at the Barbours Cut Terminal in Morgans Point, Texas. The primary purpose of the project is to allow the wharves to accommodate larger ship-to-shore cranes.
Officials estimate the construction value to be in excess of $50 million, with a design contract value of $4.9 million. Construction of this project is expected to be complete by fall 2014.
Jacobs' scope includes developing construction documents for the upgrade of approximately 2670 feet of the wharves. In addition to structural improvements to the wharves, other elements include new fenders, crane infrastructure and appurtenances, paving, two stevedore support buildings, lighting, and related work.
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