Engineering and construction services company
Jacobs Engineering Group
got two major contracts.
The first contract was awarded by the California State Department of General Services to provide construction project management services for the design and construction of the new District 3 headquarters for the California Department of Transportation. The new facility is expected to be complete in 2008. The potential value of the contract is $56 million.
The second contract was awarded by Netherlands Refining Company to provide engineering, procurement and field services for the reconfiguration of facilities at Rotterdam-based Europoort Refinery. Jacobs did not disclose the value of this contract.
On Wednesday, Jacobs rose 28 cents to $82.64.
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