Jacobs Renews Project Representative Role for Crossrail
June 23 2015 - 7:45AM
Business Wire
Supporting One of the Most Significant
Infrastructure Projects Ever Undertaken in the UK
Jacobs Engineering Group Inc. (NYSE: JEC) announced today it was
reappointed as Project Representative for the $22 billion (£14.8
billion) Crossrail program by the UK's Department for Transport
(DfT) and Transport for London (TfL).
Company officials did not disclose the contract value, but noted
that the contract is renewed for a term of up to five years.
Under the terms of the contract, as Crossrail Project
Representative, Jacobs is providing assurance to the project
sponsors (DfT and TfL) that Crossrail Ltd and its delivery partners
deliver the project on schedule, within budget and to the agreed
specification. This work involves a review of the program
fundamentals: scope, strategy, risk, schedule, quality, cost and
safety. It also considers the changing nature of Crossrail as it
transitions from civil engineering to systems implementation and
operations testing and commissioning.
Jacobs Group Vice President Bob Duff stated, "This award
continues our long association with the Crossrail program; it is a
privilege to have the opportunity to contribute our expertise on
large and complex rail and infrastructure projects to support
Europe's biggest infrastructure program. Our international work has
given us a deep understanding of best practice in rail engineering
and construction.”
Shaped by significant expansion, Jacobs has a 30-year rail
history in the UK helping to support long-term growth through
projects like HS2, East Coast Mainline enhancements, the Western
Rail Access to Heathrow, the Channel Tunnel Rail Link (HS1),
Blackfriars Station, the Thameslink program (including KO2 and
London Bridge station) and Waterloo International Terminal.
Around the world, Jacobs is working on ground-breaking rail
systems and other transportation projects including the Doha Metro
in Qatar, the Hong Kong to Mainland China Express Rail Link and
Australia’s North West Rail Link in Sydney.
The Crossrail program is expected to run over 100km from Reading
and Heathrow in the west, through new tunnels under central London
to the east, with 40 stations including 10 new stations. The first
Crossrail services through central London are expected to start in
late 2018. It is expected to increase London’s rail capacity by 10
percent and improve connectivity for an estimated 200 million
annual passengers.
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 2014 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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Jacobs Engineering Group Inc.Robin Shermer, 817.735.6284
Jacobs Engineering (NYSE:JEC)
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