Jacobs Engineering Group Inc. (NYSE: JEC) has been awarded a program management (PM) services contract for the new Louisiana State University Academic Medical Center in New Orleans. The new LSU Center is valued at $1.2 billion. The medical center will replace public hospital facilities lost to Hurricane Katrina, and is on a site adjacent to the planned new Veterans Affairs Medical Center. The project will include a 424 bed hospital, ambulatory care facility, 1,350 space parking structure and central plant facilities.
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About Jacobs Engineering Group
Jacobs Engineering Group Inc. is engaged in providing a range of technical, professional, and construction services to a number of industrial, commercial, and governmental clients globally. The Company provides four categories of services: project services, which include engineering, design, architectural, and similar services; process, scientific, and systems consulting services, which includes services performed in connection with a range of scientific testing, analysis, and consulting activities; construction services, which encompasses traditional field construction services, as well as modular construction activities, and includes direct-hire construction and construction management services, and operations and maintenance services, which includes services performed in connection with operating large, complex facilities on behalf of clients, as well as services involving process plant maintenance.
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