DALLAS, July 7, 2021 /PRNewswire/ -- Jacobs
(NYSE:J), as part of the Eastern Busway Alliance, which also
includes Fletcher Construction, Acciona Construction and AECOM, has
been selected by Auckland Transport to design, consent and
construct three stages of the Eastern Busway project in
Auckland, New Zealand. Auckland
Transport estimates the contract value at $455 million (NZ$700 million) and expects project
completion by 2025.
Stages 2, 3 and 4 of the project will deliver approximately five
kilometers of rapid-transit busway and comprise the final sections
of a new seven kilometer connection between Botany and Panmure
Stations. When complete, Eastern Busway is expected to carry 30,000
passengers a day and reduce travel time between Botany and the
Auckland City, cutting the daily
commute for thousands of residents in the southern and eastern
suburbs.
"The Eastern Busway Alliance members have a strong track record
of delivering busways locally and internationally," said Jacobs
People & Places Solutions Executive Vice President Patrick Hill. "By collaborating with Auckland
Transport and our Alliance partners to deliver a more efficient
transit system for Auckland
commuters, we are helping to create lasting social and economic
benefits for the region."
The project is expected to be a catalyst for urban regeneration,
particularly around the more sizeable station developments in
Pakuranga and Botany. New and enhanced walking and cycling
connections, placemaking and urban renewal initiatives and two new
bridges are expected to help improve general traffic flow and
access to workplaces, shops, schools and bus and train
connections.
"Auckland Transport is excited to be delivering the next phase
of the Eastern Busway Project with its partners in the Alliance.
This project will provide much faster and reliable transport
options to communities in South and East
Auckland," said Auckland Transport Group Manager Property
and Planning Jane Small.
At Jacobs, we're challenging today to reinvent tomorrow by
solving the world's most critical problems for thriving cities,
resilient environments, mission-critical outcomes, operational
advancement, scientific discovery and cutting-edge manufacturing,
turning abstract ideas into realities that transform the world for
good. With $14 billion in revenue and
a talent force of approximately 55,000, Jacobs provides a full
spectrum of professional services including consulting, technical,
scientific and project delivery for the government and private
sector. Visit jacobs.com and connect with Jacobs on
Facebook, Instagram, LinkedIn and Twitter.
Certain statements contained in this press release constitute
forward-looking statements as such term is defined in Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and such statements
are intended to be covered by the safe harbor provided by the same.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management's current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking statements,
including, but not limited to, the impact of the COVID-19 pandemic
and the related reaction of governments on global and regional
market conditions and the company's business. For a description of
some additional factors that may occur that could cause actual
results to differ from our forward-looking statements, see our
Annual Report on Form 10-K for the year ended October 2, 2020, and in particular the
discussions contained under Item 1 - Business; Item 1A - Risk
Factors; Item 3 - Legal Proceedings; and Item 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations, and our Quarterly Report on Form 10-Q for the quarter
ended April 2, 2021, and in
particular the discussions contained under Part I, Item 2 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations; Part II, Item 1 - Legal Proceedings; and
Part II, Item 1A - Risk Factors, as well as the company's other
filings with the Securities and Exchange Commission. The company is
not under any duty to update any of the forward-looking statements
after the date of this press release to conform to actual results,
except as required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
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SOURCE Jacobs