Jacobs Selected for Light Rail Projects in Pennsylvania
August 05 2014 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
has been awarded a contract from the Port Authority of Allegheny
County in Pennsylvania to provide professional engineering design
services for light rail transit systems.
Company officials did not disclose the contract value, but noted
that it is a four year Indefinite Delivery, Indefinite Quantity
contract.
Under the terms of the contract, Jacobs is providing
professional engineering design services for light rail transit
signal systems, power systems, field communication systems, system
integration and start-up, supervisory control and data acquisition
systems, rail and track systems, operating systems, operations
control center communications, light rail vehicles, and value
engineering.
In making the announcement, Jacobs Group Vice President Randy
Pierce stated, “We are pleased to have this opportunity to leverage
our light rail experience to deliver quality services to the Port
Authority of Allegheny County and the people of Pittsburgh and the
surrounding communities.”
The Port Authority’s 26.2-mile light rail system is an integral
part of its public transportation system that provides services for
approximately 215,000 daily riders.
Jacobs is one of the world's largest and most diverse providers
of technical professional and construction services.
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. 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 2013 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.
Jacobs Engineering Group Inc.Michelle Jones, 626-578-6968
Jacobs Engineering (NYSE:JEC)
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