5 of Santa Clara’s 10 reservoirs need seismic repairs and the anticipated cost is around $150M. These dams are kept at less than capacity, and the total maximim water supply for all 10 reservoirs is only about 67% of capacity. URS is the consultant for Santa Clara County’s water district. [Source: San Jose Mercury News. Image: Mercury News]
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Possible Seepage at Newly Constructed New Orleans Levee
Wet spots have been detected along a portion of a new levee being constructed by a US Army Corps of Engineers Contractor. The levee is approximately 95% complete, but the Levee Board wants to establish what is causing the apparent seepage before accepting the levee. More after the break. (Photo of Katrina levee failure from greenmannowar)
URS Completes $3.1 Billion Buyout
URS Corp. has completed the buyout of Washington Group International Inc. for $3.1 billion in cash and stock. I saw the buyout listed as $3.2 billion somewhere else…hey, what’s another $100 million, right? Read more about the deal.
I used to work for URS, and we used to joke about their seemingly continuous acquisition of companies. Hence the Borg reference in the image I created at left.
"We are URS. You will be assimilated. Your engineering and technological distinctiveness will be added to our own." — Martin Koffel (just kidding)