Business briefs for Nov. 21, 2008
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Shaw gets contract for postal facilities
The Shaw Group Inc. today announced its award of a U.S. Postal Services contract for architectural and engineering services at postal facilities in the Washington, D.C., Virginia and Maryland areas.
Shaw didn’t disclose the value of the contract, and Gardner Jones, a Postal Service environmental facilities specialist, said the indefinite delivery/indefinite quantity contract has no current value and would deliver work to Shaw on an as-needed basis.
The contract would be renewed annually for up to five years and is capped at $9.5 million. Though there’s the potential for a lot of work, Jones said, the total value won’t approach $9.5 million.
Shaw’s George Bevan, president of the company’s Environmental & Infrastructure Group that draws heavy business from the federal government, said Shaw entities have worked with the Postal Service for more than 20 years, managing more than 100 major tasks in environmental engineering, emergency response and decontamination services.
Port of N.O. gives OK to new center
The Port of New Orleans has given final approval for a new $11 million distribution center built by a private developer.
Commercial real estate developer Edwards Avenue Partners will build the facility, which will include a 150,000-square-foot warehouse and a containerized depot, on a 28-acre tract west of the Industrial Canal.
The port said the project is expected to bring about 80 new jobs to New Orleans in the next three years.
Christopher Kane, an attorney for Edwards Avenue Partners, said private financing of the project would be leveraged with New Market Tax Credits. Construction could begin in March.
The Shaw Group Inc. today announced its award of a U.S. Postal Services contract for architectural and engineering services at postal facilities in the Washington, D.C., Virginia and Maryland areas.
Shaw didn’t disclose the value of the contract, and Gardner Jones, a Postal Service environmental facilities specialist, said the indefinite delivery/indefinite quantity contract has no current value and would deliver work to Shaw on an as-needed basis.
The contract would be renewed annually for up to five years and is capped at $9.5 million. Though there’s the potential for a lot of work, Jones said, the total value won’t approach $9.5 million.
Shaw’s George Bevan, president of the company’s Environmental & Infrastructure Group that draws heavy business from the federal government, said Shaw entities have worked with the Postal Service for more than 20 years, managing more than 100 major tasks in environmental engineering, emergency response and decontamination services.
Port of N.O. gives OK to new center
The Port of New Orleans has given final approval for a new $11 million distribution center built by a private developer.
Commercial real estate developer Edwards Avenue Partners will build the facility, which will include a 150,000-square-foot warehouse and a containerized depot, on a 28-acre tract west of the Industrial Canal.
The port said the project is expected to bring about 80 new jobs to New Orleans in the next three years.
Christopher Kane, an attorney for Edwards Avenue Partners, said private financing of the project would be leveraged with New Market Tax Credits. Construction could begin in March.
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