Jacobs' JV to Offer EPCM Services for Western Sydney's USCN Program [Yahoo! Finance]
VINCI SA UNSP/ADR (VCISY)
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Source: Yahoo! Finance
J and Seymour Whyte has won a contract from Sydney Water, the statutory corporation owned by the government of New South Wales. Per the contract, the JV will offer Engineering, Procurement and Construction Management (EPCM) services for the Upper South Creek Networks (USCN) program in Western Sydney. J stock gained 2.1% during the trading hours on Wednesday after the contract win announcement. Details on Jacobs' New Award Win The USCN program is considered to be essential as Upper South Creek is considered one of Sydney's fastest-growing regions. The region is expected to have 90,000 new dwellings and create 200,000 new jobs. With such advancement and increased region population, wastewater management becomes a crucial deal, thereby making wastewater infrastructure investment critical for growth and development. The USCN program will utilize an integrated delivery model to plan, procure, design, build and deliver resilient, affordable and sustainable wastewater services to t
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