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Jacobs Appointed to Transport for London's Professional Services Framework

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Jacobs (NYSE:J) has been appointed to Transport for London's (TfL) renewed Professional Services Framework, covering various consultancy services for a four-year period. The framework aims to enhance efficiency in project delivery, assisting TfL with its ambitious Streetspace Plan and major projects like Crossrail. Jacobs has a substantial portfolio with TfL, providing support on key initiatives such as London's ULEZ. The announcement underlines Jacobs' commitment to sustainable infrastructure and project management in London.

Positive
  • Appointment to TfL's Professional Services Framework for four years, enhancing project delivery.
  • Continued support for significant projects like the Streetspace Plan and Crossrail.
  • Jacobs' existing relationship with TfL, showcasing trust and reliability.
Negative
  • None.

DALLAS, Aug. 12, 2020 /PRNewswire/ -- Jacobs (NYSE:J) has been appointed to Transport for London's (TfL) renewed Professional Services Framework, on multiple lots, including Project, Program and Portfolio Management, Business Case Management and the new Lean Consultancy. TfL is the integrated transport authority responsible for the operation of the public transport network and main roads in London.

TfL estimates the framework will operate for a maximum four-year period, with contract mobilization immediately. The contract enables the whole of the TfL organization, the Greater London Authority and London's Borough Authorities to access contemporary consultancy support to enable greater efficiency and effectiveness in project and program delivery. 

"TfL plays an essential role in keeping London moving while enabling good growth across the capital," said Jacobs People and Places Solutions Europe, Middle East & Africa Senior Vice President and General Manager Donald Morrison. "Through this framework we look forward to continuing our support for TfL in achieving its objectives and building upon our current portfolio of support, which includes major city changing projects such as the Step Free Access and the Deep Tube Upgrade Programs."

The framework comes at an important time when TfL is mobilizing its ambitious Streetspace Plan for London, designed to enable even greater levels of sustainable travel across the city, while continuing to deliver major infrastructure projects such as Crossrail.

Jacobs provides wide-ranging support to TfL, including examining the environmental, health, equality, economic and business effects of London's ULEZ ahead of its launch last year, and through Project Edmond, which looked at how to best understand population flow and behavior through the transport network to drive sustainable decision-making and transport investment.

Jonathan Patrick, Chief Procurement Officer at Transport for London said: "Following a competitive OJEU procurement, we have now confirmed the successful bidders for our Project and Programme Management Consultancy Services framework. This allows us to use those on the framework if we need project and program management services and is a positive example of investment in London supporting the wider U.K. economy."

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 $13 billion in revenue and a talent force of more than 55,000, 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, InstagramLinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. 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, including, but not limited to, the impact of the COVID-19 pandemic and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our Annual Report on Form 10-K for the year ended September 27, 2019, and in particular 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, and our Quarterly Report on Form 10-Q for the quarter ended June 26, 2020, and in particular the discussions contained under Part I, Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Part II, Item 1 - Legal Proceedings; and Part II, Item 1A - Risk Factors, 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:
Kerrie Sparks
214.583.8433

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FAQ

What services is Jacobs providing to Transport for London under the new framework?

Jacobs is providing consultancy services in Project, Program and Portfolio Management, Business Case Management, and Lean Consultancy.

How long will Jacobs' contract with Transport for London last?

The contract will operate for a maximum period of four years.

What major projects will Jacobs support for Transport for London?

Jacobs will support major initiatives such as the Streetspace Plan and Crossrail.

How does Jacobs' appointment impact its relationship with TfL?

The appointment reinforces Jacobs' ongoing support and established relationship with TfL, indicating trust and reliability.

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