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PR Newswire is an important news source that can be accessed via the X-Billboard. It is part of the Newswire Hub, which bundles important international news sources for stock market participants in one central location. If you want to get a quick overview, you can easily scroll through the headlines. If you want to look at the news in more detail, you can use the detailed views of the info cards to directly access the respective news item and other analysis tools.
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State: 17.08.2024 | 11PM
Wed, 28.02.2024       Parsons
US70202L1026

NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Mace Group, as part of joint venture Mace-Parsons-Arcadis (MPA Delivery Partners), announced today that the team has been selected by the Gateway Development Commission (GDC) as the delivery partner for the $16 billion Hudson Tunnel Project (HTP). Together, the firms will coordinate among all stakeholders, contractors, and consultants to ensure that the project satisfies all GDC's requirements.

The busiest rail connection between New York, New Jersey, and the Northeast Corridor, the Hudson Tunnel Project will improve capacity, reliability, and resiliency of commuter and intercity rail transit serving 800,000 daily passengers from Washington, D.C. to New York and New England. A milestone project supported by the bipartisan Infrastructure Investment and Jobs Act (IIJA). The project is slated to receive nearly $12 billion in federal funding, the largest investment in a mass transit project in modern history.

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