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September 03, 2015 7:38 AM ET

Construction and Engineering

Company Overview of Parsons Brinckerhoff Group Inc.

Company Overview

Parsons Brinckerhoff Group Inc. engages in planning, developing, designing, constructing, operating, and maintaining various infrastructure projects to public and private clients worldwide. The company specializes in strategic consulting, planning, engineering, program management, construction management, and operations and maintenance. It undertakes building engineering, government, mining, operations and maintenance, planning and environment, power/energy, program/construction management, specialized services, strategic consulting, sustainable development, transportation, visualization, and water projects. The company was founded in 1885 and is headquartered in New York, New York with offi...

One Penn Plaza

New York, NY 10119

United States

Founded in 1885

Phone:

212-465-5000

Fax:

212-465-5096

Key Executives for Parsons Brinckerhoff Group Inc.

Chairman, Executive Vice President and Member of Executive Committee
Chief Financial Officer
Global Chief Operating Officer
President of PB Consult, Global Director of Markets and Member of Executive Committee
Compensation as of Fiscal Year 2015.

Parsons Brinckerhoff Group Inc. Key Developments

WSP Parsons Brinckerhoff to Deliver Engineering Services for Meadowhall Refurbishment in UK

WSP Parsons Brinckerhoff has been selected to provide multidisciplinary engineering services as a part of £50 million interior design refurbishment deal for the Meadowhall shopping and leisure complex at Sheffield, UK. Under the agreement terms, the combined entity of Parsons Brinckerhoff and WSP Global will deliver building services, structural, fire engineering, vertical transportation, and acoustic services for the shopping centre. British Land is the owner of the property, with BDP working as the architect. Revamping the shopping centre is taking place in preparation for its 25th anniversary, and is expected to produce a modern environment where some retailers will be able to benefit from double-height shop fronts offering surplus retail space. The planned refurbishment will also relocate major service gantries to the roof, away from their present location above shops. The centre has also adopted natural ventilation methods for both clean air and smoke ventilation, which is expected to save both energy and operational costs.

Regional Transportation District's Board Awards $140 Million Contract to Extend Southeast Light-Rail Line to Balfour Beatty Infrastructure Inc. and Partners

The Regional Transportation District's board late Tuesday approved a $140 million contract with Balfour Beatty Infrastructure Inc. and partners to design and build an extension to RTD's light-rail line across Denver's southeast suburbs. The current route, built in 2006 and served by the E and F trains, runs along Interstate 25 through the Denver Tech Center, Greenwood Village and Centennial and ends at Lincoln Avenue at Lone Tree. As part of its FasTracks light-rail expansion project, RTD wants to extend the southeast line 2.3 miles to a point south of RidgeGate Parkway in Douglas County, where parking for 1,300 vehicles will be built. The extended route will feature stops at Sky Ridge Medical Center and the future Lone Tree City Center, and will include a rail bridge over I-25. RTD's schedule calls for design work to begin this fall with construction starting in spring 2016. The work is slated for completion by early 2019. The Balfour Beatty contract is part of an overall southeast extension project budgeted at $233.1 million, including $34 million already spent on environmental analysis, preliminary engineering and design, and acquiring eight light rail cars. The Balfour Beatty team includes Parsons Brinckerhoff (design); Capitol Management (Disadvantaged Business Enterprise/Small Business Enterprise/Workforce Initiative Now); Transit Safety & Security Solutions (system safety); Systems Consulting LLC (quality assurance) and Communication Infrastructure Group (public information).

Parsons Brinckerhoff (PB), Inc. Wins Contract from California High-Speed Rail Authority

The California High-Speed Rail Authority's Board of Directors approved a Rail Delivery Partner contract that takes a new and expanded approach to the nation's first high-speed rail program. This new partnership - led by Parsons Brinckerhoff (PB) Inc., - recognizes a shift in the program from planning to construction and draws on a seasoned team of international experts with experience delivering high-speed rail systems from around the world. The board action authorizes the Authority's CEO to negotiate, finalize and execute the terms of the RDP contract which will run through 2022 and has an estimated total value of up to $700 million.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 1, 2015
Halvorson and Partners P.C.
 

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