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Fluor Corporation
FLR announced today that a company joint venture
recently executed the contract with the Texas Department of Transportation
(TxDOT) for the design, construction, and potential maintenance of the
Horseshoe Project in Dallas, Texas. Pegasus Link Constructors LLC (PLC), the
Fluor-led joint venture, was selected as the best value proposer for the
project by TxDOT in the fourth quarter of 2012. Along with the signing of the
contract, PLC received a notice to proceed (NTP) with the design phase and the
construction NTP is expected shortly.
TxDOT's overall estimate for the design, construction, utilities and right of
way for the project is approximately $798 million. Fluor booked the contract
into backlog in the first quarter of 2013.
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