Modernizing aging infrastructure for three of
New York City's busiest
stations
DALLAS, Sept. 25,
2024 /PRNewswire/ -- Jacobs (NYSE:J) was
selected by the New York Metropolitan Transportation Authority
(MTA) as the program management consultant for the Long Island Rail
Road (LIRR) station improvements project. Focused on keeping
passengers safe and supporting MTA's on-time service commitments,
Jacobs will provide program management services, overseeing
construction and commercial management, design compliance and risk
identification.
The design-build contract includes updating LIRR's Babylon, Forest Hills and Hollis stations to
bring them into Americans with Disabilities Act (ADA) compliance –
increasing the population that can access and enjoy this public
amenity.
"As the busiest commuter rail system in North America, Long Island Rail Road provides
essential mobility to Long Island
and the wider New York City
metropolitan area," said Jacobs Senior Vice President Chrissy Thom. "Leveraging our integrated
approach to complex delivery on similar global programs, we'll work
with the MTA to tackle its aging infrastructure, improve access and
bring three crucial pieces of their system into ADA compliance and
a state of good repair – connecting New
York City commuters to their destinations smoothly into the
future."
LIRR serves nearly 260,000 customers daily. Improvements are
expected to include installation and rehabilitation of ADA
compliant elevators, escalators, ramps, platform and canopy
replacements as well as architectural and wayfinding upgrades that
improve functionality and provide a more comfortable customer
experience.
MTA estimates the total contract value for this project at
$227.5 million and final completion
is anticipated in 2026.
Ranked as No.1 in Program Management by
Engineering News-Record, Jacobs delivers today's most
complex, challenging and iconic infrastructure and transformation
programs. Jacobs has supported programs like New York City's Grand Central Madison project,
the Thames Tideway Tunnel, one of the largest water infrastructure
projects ever undertaken in the U.K., and Etihad Rail, one of the largest rail
infrastructure programs in the United
Arab Emirates.
At Jacobs, we're challenging today to reinvent tomorrow by
solving the world's most critical problems for thriving cities,
resilient environments, mission-critical outcomes, operational
advancement, scientific discovery and cutting-edge manufacturing,
turning abstract ideas into realities that transform the world for
good. With approximately $16 billion
in annual revenue and a talent force of more than 60,000, Jacobs
provides a full spectrum of professional services including
consulting, technical, scientific and project delivery for the
government and private sector. Visit jacobs.com and
connect with Jacobs on Facebook, Instagram, LinkedIn and
X.
Certain statements contained in this press release constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that do not directly relate to any
historical or current fact. When used herein, words such as
"expects," "anticipates," "believes," "seeks," "estimates,"
"plans," "intends," "future," "will," "would," "could," "can,"
"may," and similar words are intended to identify 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 including,
but not limited to, our plans to spin off and merge with Amentum
our Critical Missions Solutions business and a portion of our
Divergent Solutions business in a proposed transaction that is
intended to be tax-free to stockholders for U.S. federal income tax
purposes, the timing of the award of projects and funding and
potential changes to the amounts provided for under the
Infrastructure Investment and Jobs Act and other legislation
related to governmental spending, as well as general economic
conditions, including inflation and the actions taken by monetary
authorities in response to inflation, changes in interest rates and
foreign currency exchange rates, changes in capital markets, the
possibility of a recession or economic downturn, geopolitical
events and conflicts, and the impact of any future pandemic or
infectious disease outbreak, including the related reaction of
governments on global and regional market conditions, among others.
For a description of some additional factors that may occur that
could cause actual results to differ from our forward-looking
statements, see the discussions contained under Item 1 - Business;
Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations in our most recently filed Annual Report on
Form 10-K, and Item 2 - Management's Discussion and Analysis
of Financial Condition and Results of Operations; Item 1 - Legal
Proceedings; and Item 1A - Risk Factors in our most recently filed
Quarterly Report on Form 10-Q, as well as the company's other
filings with the Securities and Exchange Commission. The company is
not under any duty to update any of the forward-looking statements
after the date of this press release to conform to actual results,
except as required by applicable law.
For press/media inquiries:
media@jacobs.com
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SOURCE Jacobs
