Jacobs Engineering Group (JEC) Awarded Construction Contract From University Health System of Bexar County
More News related to JEC
- Jacobs Chairman Noel Watson and CFO John Prosser to Speak at FBR Conference
- Jacobs Receives Contract from Harris Corporation for the State of Maine's Statewide Radio Communications System
- Jacobs Receives Contract for New Thermal Oil Facility from a Major Oil and Gas Company
- Notable Analyst Rating Changes 11/18: SII, ZMH, FSLR, PHM Upgraded; TGT, ADSK, VIP, JEC, PARD Downgraded
- Wunderlich Downgrades Jacobs Engineering Group (JEC) to Hold
Jacobs Engineering Group Inc. (NYSE: JEC) received a contract from University Health System (UHS) of Bexar County, Texas, to provide Lead Program Management Services for the design and construction of two major health care projects.
Officials estimate the construction value of both facilities to be nearly $900 million with a contract value estimated at $16.8 million.
University Health System's Target 2012: Capital Improvement program is the largest development project in its history. The program includes a plan to expand and renovate both the aging and overcrowded University Hospital and its largest outpatient clinic, University Health Center- Downtown. A new tower at University Hospital will double the size of the existing facility to approximately two million square feet. The hospital's two existing towers will be refurbished and incorporated into the design. The older of the towers was built in 1968.[SM]
Related Categories
Corporate NewsStocks Mentioned
-1.03Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
