Jacobs Receives Contract Extension for RTD FasTracks Program
Benzinga 15 years ago
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Jacobs Receives Contract Extension for RTD FasTracks Program
Jacobs Engineering Group Inc. (NYSE: JEC) announced today that the Denver, Colo. Regional Transportation District (RTD) Board of Directors approved the budget for Jacobs' continued services as the FasTracks' Program Support Services Consultant for 2011. Jacobs has been the Program Support Consultant (PSC) to RTD on the multibillion dollar program since 2005.
Officials estimate the contract value at over $17 million, and also noted that the RTD Board of Directors authorized execution of a six-year option to extend the contract term through July 2017.