Jacobs Joint Venture Wins Contract for WestConnex New M5 Project in Australia
May 17 2016 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today its
joint venture with Aurecon received a contract to carry out the
engineering design for the multi-billion dollar WestConnex New M5
Project in Sydney, Australia.
WestConnex is a critical part of the New South Wales (NSW)
Government’s integrated transport solution. The project aims to
significantly reduce the congestion impacting hundreds of thousands
of NSW road users every day.
The New M5 motorway is the largest section of the WestConnex
project tendered to date and is being delivered by the CPB
Contractors Dragados Samsung joint venture, with the Jacobs/Aurecon
joint venture providing multi-disciplinary engineering design
services.
The New M5 is expected to double the capacity of the heavily
congested M5 East motorway corridor, providing new twin tunnels 9
kilometers long between Kingsgrove and St Peters.
Commenting on the announcement, Jacobs Senior Vice President
Buildings and Infrastructure Patrick Hill said a core team of 75
staff from Jacobs had already been mobilized for the project. “We
are very proud to be contributing to such a globally significant
project, one that is set to have a positive impact on Sydney’s road
network for many years to come.”
To assist with the coordination and integration of design with
other parties, three dimensional design and building information
management (BIM) systems are being used to design and document
elements of the project.
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 2015 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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