Jacobs Awarded Contract for Network Rail Link to Heathrow Airport
July 27 2016 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was
awarded a contract by Network Rail to continue its support for
improving rail links from the Great Western main line to Heathrow
Airport in the United Kingdom (U.K.). The work is a key part of a
project to improve connections to the U.K.’s busiest airport and
create a global gateway for west England.
The proposed rail link enables passengers throughout west
England and beyond to travel directly to Heathrow Airport from
Reading and Slough without having to change at London Paddington.
It is expected to ease congestion on roads, lower carbon dioxide
emissions by the equivalent of 30 million passenger road miles per
year and provide an economic boost for businesses in the
region.
Jacobs’ contribution to the project is expected to be executed
from its offices in the U.K. over the next 27 months. The project’s
financial contract terms will remain confidential.
Under the terms of the contract, Jacobs is supporting Network
Rail’s development consent order (DCO) submission. The initial
project work is focused on defining a preferred option to take
through consultation. Once a recommendation is agreed upon, Jacobs’
role is to lead the multi-disciplinary engineering and
environmental design component to an approval-in-principle level of
design for the new 3.1 mile tunneled route. This includes
completing the environmental impact assessment to produce the
scheme’s environmental statement, which critically informs the
engineering design, construction strategy and environmental
mitigation program to minimize impact on local residents and the
environment during both construction and operation phases.
Jacobs Senior Vice President Buildings and Infrastructure Bob
Duff stated, “We started supporting Network Rail on its feasibility
plans for this essential rail link in October 2011. Being able to
continue our collaboration in an effort to help Network Rail
realize the extensive social, economic and environmental goals of
this important project is exciting. We are leveraging our
experience with the DCO process to support the delivery of
sustainable design and compelling application."
Jacobs has worked with Network Rail and its predecessors for
more than four decades, supporting projects across infrastructure,
operations and asset management. Other U.K. rail projects include
Blackfriars Station, the Thameslink Programme (including KO2 and
London Bridge station), the Edinburgh to Glasgow Improvement
Programme and the On Network Works for Crossrail at Stockley.
Jacobs was also recently appointed as the client-side technical
advisors to the Western Australia Public Transport Authority for
the Forrestfield Airport Rail Link in Perth, Australia.
Jacobs is one of the world’s largest and most diverse providers
of full-spectrum technical, professional and construction services
for industrial, commercial and government organizations globally.
The company employs 60,000 people and operates in more than 30
countries around the world. For more information, visit
www.jacobs.com.
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160727005078/en/
Jacobs Engineering Group Inc.Robin Shermer, 817-735-6284
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jul 2023 to Jul 2024