But the megaproject's current chances of successful delivery was rated "unachievable" by the government's Infrastructure and
Projects Authority in its recent annual review.
But damage and economic impact cost could reach $6 billion, says a Moody's estimate, as President Joe Biden releases funds for emergency repairs and announces FEMA official as federal coordinator for long-term reconstruction
State DOT dumps stalled $7.3B private developer approach of previous administration, but with public funding not in hand, design and construction is years away.
Jacobs says planned spinoff continues of its Critical Mission Solutions business, which employs 16,000 of its 60,000 employees, but KBR said on Aug. 21 that a rumored purchase "does not align with ... its capital deployment and strategic priorities and thus is not being pursued.”