KBR (NYSE: KBR) today announced that it has been awarded a job order contract (JOC) by the University of Houston to provide construction management for area campuses and centers across Houston, Texas. KBR will provide a range of construction services that will vary in size and scope as task orders are issued by the University of Houston System. The JOC is designed to provide a quick and cost-efficient method of delivering repair, renovation and construction services. “We are proud to serve the great institution of the University of Houston,” said Ivor Harrington, Group President, KBR Services. “KBR has over 26 years of proven, successful JOC experience, including colleges and universities across the country, and we look forward to building upon our experience with this valued client.” KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, power, industrial, civil infrastructure, minerals, government services and commercial markets. For more information, visit www.kbr.com.
The better-than-expected job gains and lower unemployment rate helps Democrat Hillary Clinton, while confident, safely employed consumers may let the Federal Reserve boost interest rates sooner than markets anticipated.