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Shaw wins largest design-build civil works project in its history

Shaw Group Inc. announced that its Environmental & Infrastructure Group has been awarded a design-build contract by the U.S. Army Corps of Engineers Hurricane Protection Office for the design and construction of the Inner Harbor Navigation Canal Hurricane Protection project located at Lake Borgne in Louisiana, adjacent to the confluence of the Mississippi River Gulf Outlet and the Gulf Intracoastal Waterway. The value of Shaw's contract approximates $700 million and will be included in the company's third quarter fiscal 2008 backlog.

Under the contract, Shaw will provide project management, design and construction for this critical segment of the New Orleans and southeastern Louisiana hurricane protection system to achieve the Corps of Engineers' goals of interim protection by June 2009 and full, 100-year level of protection by June 2011. The concept design for the project includes design and construction of operable flood gates across the Gulf Intracoastal Waterway and Bayou Bienvenue, as well as a potential barrier wall that will connect the floodgate structures, close the Mississippi River Gulf Outlet and transition into the existing levee system. The final design concept will be determined when the Corps of Engineers completes its environmental compliance and public involvement process in accordance with the National Environmental Policy Act (NEPA). The NEPA process is expected to be completed within the next four months.



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