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Officials estimate the total Phase I project value at $650 million.
The complete program will involve design and construction of a 450-bed,tertiary hospital in two phases. Phase I will include 300 inpatient beds, 24to 28 operating rooms, emergency services to accommodate 75,000 to 100,000visits, and associated ancillary and support spaces in approximately 744,000gross square feet of space. Phase II is projected to include an additional150 beds and required support spaces.
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Jacobs will be supported by a major subconsultant, Technical ProjectServices (TPS) of Denver. Jacobs and TPS will provide complete planning,design, construction, and occupancy phase project management services, with afocus on integrated project delivery strategies and Lean constructiontechniques to meet Exempla's ambitious objectives for the project.
In making the announcement, Jacobs Group Vice President Warren Deanstated, "We are delighted to support Exempla on their significant new SaintJoseph Hospital campus in Denver. We look forward to implementing leadingdelivery strategies and best practices from the more than $10 billion inhealthcare projects that we are currently managing nationwide."
Jacobs, with over 54,000 employees and about $9.0 billion in revenues,provides technical, professional, and construction services globally.
Any statements made in this release that are not based on historical factare forward-looking statements. Although such statements are based onmanagement's current estimates and expectations, and currently availablecompetitive, financial, and economic data, forward-looking statements areinherently uncertain. We, therefore, caution the reader that there are avariety of factors that could cause business conditions and results to differmaterially from what is contained in our forward-looking statements. For adescription of some of the factors which may occur that could cause actualresults to differ from our forward-looking statements please refer to our 2007Form 10-K, and in particular the discussions contained under Items1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management'sDiscussion and Analysis of Financial Condition and Results of Operations. Wealso caution the readers of this release that we do not undertake to updateany forward-looking statements made herein.For additional information contact: Mary Bloom 626.578.6992 (Logo: http://www.newscom.com/cgi-bin/prnh/20051021/LAJACOBSEGLOGO)
SOURCE Jacobs Engineering Group Inc.
