Jacobs Wins Contracts for North West Rail Link Project in Australia
July 23 2013 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
was selected as Contract Delivery Manager for two contracts on the
North West Rail Link (NWRL) project in Sydney, Australia.
Officials did not disclose the contract values, but noted that
the New South Wales Government has allocated a budget of
approximately $3.6 billion over the next four years for project
development, property acquisition and early construction phases of
the NWRL; one of Australia’s largest transportation infrastructure
projects. Jacobs was selected for two of three major contracts on
the project: the tunnel and station civil works contract (TSC) and
the surface and viaduct civil works contract (SVC).
Under the terms of the contracts, Jacobs is providing project
and contract management services as a member of the Transport for
New South Wales (TfNSW) integrated project team. Jacobs’ scope of
work includes contract delivery services for 14 miles (23
kilometers) of new rail line, including nine miles (15.5km) of twin
tunnel and four miles (7.5 km) of surface and viaduct works, plus
the civil works for eight new stations.
Jacobs Group Vice President Tom Quinn stated, “We are pleased to
support the NWRL project by serving on the integrated delivery
team; and to leverage our local and international infrastructure
expertise to deliver this significant project for Sydney.”
TfNSW is a government agency that provides transport services
within New South Wales, Australia, where several large rail
projects are currently being implemented to meet the transport
needs of Sydney's growth areas. The NWRL is the first rail line in
Sydney to provide a fully automated rapid transit system.
Jacobs is one of the world's largest and most diverse providers
of technical, professional, and construction services.
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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. For a description of some of the factors which may
occur that could cause actual results to differ from our
forward-looking statements please refer to our 2012 Form 10-K, and
in particular the discussions contained under Items 1 - Business,
1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations. We do not undertake to update any forward-looking
statements made herein.
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