London, United Kingdom (18 May 2011) – AMEC, the international engineering and project management company, announces today that it has agreed to buy MACTEC, a leading US engineering and environmental services company, from its private equity and other individual shareholders for a cash consideration of US$280 million. Completion is subject to regulatory approval and is expected by the end of June 2011. [Editor] Click through for the rest of the press release from AMEC. [/Editor]
ALPHARETTA, Ga.–(BUSINESS WIRE)–In response to a Jan. 28th lawsuit filed by the Delaware Department of Transportation (DelDOT) in connection with the Indian River Inlet Bridge (IRIB) replacement project against bridge design firm Figg Bridge Engineers, Inc. (Figg), MACTEC, a sub-consultant to Figg, denies the allegations in the lawsuit and cites DelDOT’s actions, project management, and decision-making as the factors that led to increased costs for the bridge. MACTEC is confident that a truly objective, fact-based review of the chronology of events, DelDOT’s responsibilities, and DelDOT’s decisions, including withholding of key information from Figg and MACTEC with the approval from the highest level in DelDOT, will result in dismissal of the complaint.
[Editor] For the rest of MACTEC’s press release, click through. [/Editor]
The lawsuit filed in Sussex County Superior Court claims breach of contract by Florida-based Figg Bridge Engineers and its subcontractor, Atlanta-based MACTEC Engineering related to alleged geotechnical engineering errors. It also accuses MACTEC of providing […]
[Update 2/10/08] Updated the name of the bridge. [/Update]
DelDOT is putting the new Indian River Bridge over out to bid. The current bridge is said to be in danger of failing between 2008 and 2012 according to the Army Corps of Engineers, seems to be related to scour. From what I hear, the tidal currents at that inlet being spanned over are tremendous, with water velocities on the order of 35 mph.
In 2005, Mactec, a geotechnical firm, provided a geotechnical report and associated recommendations to DelDOT for how to construct the 45-ft high approach embankments for a 1,400-ft long bridge in light of a 60-ft clay layer (sounds like pre-loading). However, the embankments are not settling as Mactec predicted (not sure if its more or less, probably less meaning slower) and are "shifting laterally" (squeezing?) so the DOT is going with a longer bridge to span the problem soil. More after the break.