Jacobs and PA Consulting to Provide Consulting Advisory Services to The Copenhagen Metro

Rhea-AI Summary

Jacobs (NYSE:J) and PA Consulting have been selected by The Copenhagen Metro to be part of its Operations and Maintenance Adviser Framework, providing comprehensive research and advice on the operation and maintenance of the metro. The framework aims to further develop sustainable, connected urban transport solutions and support the future resiliency of one of Europe's most advanced public transport systems. Jacobs and PA will deliver strategic and technical advice on project and design management, railway installations and safety, rolling stock, signaling systems, and operation and maintenance over an eight-year period.

Positive

• The partnership between Jacobs and PA Consulting showcases their expertise in providing comprehensive research and advice on the operation and maintenance of urban transport systems.
• The Copenhagen Metro's commitment to developing sustainable and connected urban transport solutions demonstrates its dedication to meeting the fast-growing population and urban travel demand in the city.
• The potential expansion of the Copenhagen Metro with new lines and stations indicates the continuous growth and development of the public transit system, providing opportunities for future infrastructure development.

Negative

• None.

Framework aids further development of sustainable, connected urban transport solutions

Supports future resiliency of one of Europe's most advanced public transport systems

DALLAS, Nov. 9, 2023 /PRNewswire/ -- Jacobs (NYSE:J) and PA Consulting (PA) have been selected by The Copenhagen Metro (Metroselskabet I/S) to be part of its Operations and Maintenance Adviser Framework. The Copenhagen Metro provides fast, sustainable, carbon-efficient transport solutions to more than 300,000 passengers on weekdays.

The Jacobs and PA team was selected to provide comprehensive research and advice on the operation and maintenance of the metro. Wide-ranging strategic and technical advice will span project and design management, railway installations and safety, rolling stock, and signaling systems, as well as operation and maintenance. The Copenhagen Metro expects the framework to run over an eight-year period.

"Jacobs delivers complex transportation projects in highly populated urban centers around the world, shaping how future infrastructure can achieve the most transformative outcomes in the communities it serves," said Jacobs Head of Scandinavia Per Englund. "Together with PA, we are bringing our enterprise digital tools, AI solutions and deep knowledge of the rail sector to support The Copenhagen Metro as it continues to deliver modern, future-ready infrastructure to meet the city's fast-growing population and urban travel demand."

"We are proud to be selected to work together with The Copenhagen Metro to further develop one of the most advanced public transit systems in the world," said PA Consulting's Head of Nordic Transport Consulting Services Joacim Sundell. "Our experience in advising and transforming public transit authorities, as well as the private operator and supplier landscape, will ensure we support The Copenhagen Metro in reaching its full potential and benefitting the communities in and around Copenhagen."

Since opening in 2002, more than one billion passengers have traveled with The Copenhagen Metro. Running 24 hours a day, it has been expanded with the M3 Cityringen (including 19 new stations in Copenhagen) and M4 Nordhavn, which will be extended to Sydhavn and Valby next year. The Copenhagen Metro is also working on a potential new metro line, M5, that will connect new city development areas to the east of Copenhagen with 10 stations from Copenhagen Central Station to Lynetteholm and Østerport. Another extension of the M4 to Ydre Nordhavn is being considered.

Jacobs and PA help transportation sector clients plan, develop, finance, design, construct, maintain and operate smart infrastructure that connects people and communities around the world. The companies are working together to provide technical and commercial advice to the U.K. Department for Transport on its portfolio of rail and other transport mode agreements, major projects and programs, and its policy and strategic work in transport.

Jacobs has supported projects like The Elizabeth line and the Transpennine Route Upgrade in the U.K., Klang Valley Mass Rapid Transit in Malaysia and The Metropolitan Transportation Authority's (MTA) Grand Central Madison program in New York.

PA supports infrastructure providers on a national and regional level across the Nordics, continental Europe and the U.K., as well as international public transit operators. PA has supported the Swedish Transport Administration in infrastructure planning, ProRail's future-proofing of the Dutch rail network, Network Rail's Rail Upgrade Plan, and advising European transport operators. 

About Jacobs

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 $15 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.

About PA

We believe in the power of ingenuity to build a positive human future. As strategies, technologies and innovation collide, we create opportunity from complexity. Our diverse teams of experts combine innovative thinking and breakthrough technologies to progress further, faster. Our clients adapt and transform, and together we achieve enduring results. We are over 4,000 strategists, innovators, designers, consultants, digital experts, scientists, engineers, and technologists. And we have deep expertise in consumer and manufacturing, defense and security, energy and utilities, financial services, government and public services, health and life sciences, and transport. Our teams operate globally from offices across the U.K., Ireland, U.S., Nordics and Netherlands. Discover more at paconsulting.com and connect with PA on LinkedIn and X.

Jacobs holds a 65% stake in PA Consulting, with the remaining 35% held by PA employees. PA continues as a separate entity and independently managed business.

PA. Bringing Ingenuity to Life.

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, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act, 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 the COVID-19 pandemic, 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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FAQ

What companies have been selected by The Copenhagen Metro for its Operations and Maintenance Adviser Framework?

Jacobs (NYSE:J) and PA Consulting have been selected for the framework to provide comprehensive research and advice on the operation and maintenance of the metro.

What is the purpose of the framework with Jacobs and PA Consulting?

The framework aims to further develop sustainable, connected urban transport solutions and support the future resiliency of one of Europe's most advanced public transport systems.

What areas will Jacobs and PA Consulting provide advice on?

Jacobs and PA will deliver strategic and technical advice on project and design management, railway installations and safety, rolling stock, signaling systems, and operation and maintenance over an eight-year period.

What is the significance of the Copenhagen Metro's expansion plans?

The potential expansion of the Copenhagen Metro with new lines and stations indicates the continuous growth and development of the public transit system, providing opportunities for future infrastructure development.