Jacobs to Deliver Data-Driven Operations and Maintenance of California Wastewater Infrastructure

Rhea-AI Summary

Jacobs (NYSE: J) has secured a new five-year contract with Lincoln-Sewer Management District 1 Wastewater Authority (LiSWA) in California. The company will operate, maintain, and manage LiSWA's wastewater treatment and reclamation facility, integrating existing staff into their team. Jacobs will implement its Digital OneWater suite of solutions, including Intelligent O&M, to provide efficient wastewater services for over 74,000 people.

The contract involves optimizing biosolids management processing and storage capacity, as well as exploring expansion of biosolids drying greenhouses. This partnership aims to enhance operational resilience and meet tightening state regulations. LiSWA General Manager Jim Mulligan expressed satisfaction with Jacobs' selection and their ability to retain skilled existing staff.

Jacobs has a strong presence in California, contributing to major infrastructure projects such as the Pure Water Project, ARCHES hydrogen hub, and various initiatives in Los Angeles and San Francisco.

Positive

• Secured a new five-year contract with LiSWA in California
• Will implement Digital OneWater solutions for efficient wastewater services
• Expanding biosolids management processing and storage capacity
• Retained existing skilled staff, ensuring operational continuity
• Strengthening presence in California's critical infrastructure projects

Negative

• None.

Insights

Financial Analyst

This contract with LiSWA represents a strategic expansion of Jacobs' digital and data-driven solutions portfolio in the water infrastructure sector. While the specific financial terms are not disclosed, the five-year duration provides a stable revenue stream and opportunity for operational improvements.

The contract scope includes operating, maintaining and managing a wastewater treatment facility serving 74,000 people, indicating a sizable infrastructure project. Jacobs' plans to optimize biosolids management and potentially expand capacity suggest opportunities for additional revenue and efficiency gains.

This win strengthens Jacobs' position in California's critical infrastructure market, building on their involvement in major projects across the state. The emphasis on digital solutions like Intelligent O&M aligns with industry trends towards smart water management, potentially opening doors for similar contracts in other regions.

While this single contract may not significantly impact Jacobs' $16.4 billion market cap immediately, it reinforces their strategy in the growing water infrastructure sector and showcases their technical capabilities. Investors should monitor how effectively Jacobs leverages this contract to secure additional business in this critical and evolving market.

Environmental Engineer

This contract highlights Jacobs' commitment to sustainable water management practices. The focus on optimizing biosolids processing and expanding greenhouse capacity demonstrates a forward-thinking approach to resource recovery and environmental compliance.

California's tightening regulations on wastewater treatment present both challenges and opportunities. Jacobs' expertise in meeting these stringent requirements positions them well in a market where many facilities will need upgrades or operational improvements to remain compliant.

The integration of digital solutions like the Digital OneWater suite is particularly noteworthy. This technology-driven approach can lead to significant efficiency gains, reduced operational costs and improved environmental outcomes. It also aligns with the industry's shift towards "smart water" systems, which are becoming increasingly important for utilities facing water scarcity and quality issues.

From an environmental perspective, this project contributes to water conservation efforts by focusing on wastewater reclamation. As water stress increases due to climate change, such projects become critical for sustainable water management, potentially opening up more opportunities for companies with proven expertise in this area.

Digital solutions to strengthen water and wastewater services to drive efficiency

DALLAS, Oct. 2, 2024 /PRNewswire/ -- Jacobs (NYSE: J) will expand its portfolio of digital and data-driven solutions with a new five-year contract with Lincoln-Sewer Management District 1 Wastewater Authority (LiSWA) – a joint powers authority between the City of Lincoln and Placer County in California.

Jacobs will operate, maintain and manage LiSWA's wastewater treatment and reclamation facility, welcoming the existing staff into our award-winning team. 

"Our broad capabilities, breadth of experience and innovative Digital OneWater suite of solutions like Intelligent O&M help us provide safe, compliant wastewater services for over 74,000 people while also streamlining the wastewater treatment and reclamation facility's operations," said Jacobs Vice President Design-Build and Operations Management and Facilities Services Greg Fischer. "As an operations and maintenance provider backed by technical knowledge and digital solutions, LiSWA and its customers will benefit from this depth of unique experience as they respond to tightening state regulations."

In addition to the operations and maintenance role, Jacobs will increase and optimize the facility's biosolids management processing and storage capacity, while also undertaking further investigations to expand the capacity of the existing biosolids drying greenhouses to further strengthen the resiliency of operations.

LiSWA General Manager Jim Mulligan said, "After a thorough and extensive selection process, LiSWA was very pleased to select Jacobs and negotiate a successful agreement. LiSWA is impressed that Jacobs was able to retain the skilled and knowledgeable existing staff. We look forward to the benefits Jacobs' expertise will bring to the Lincoln-SMD-1 service area."

Across California, Jacobs has been part of some of the state's largest critical infrastructure projects, such as the Pure Water Project  for Las Virgenes-Triunfo, the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) to establish a statewide hydrogen hub, Los Angeles World Airports Capital Improvement Program, the award-winning Los Angeles Federal Courthouse, Delta Conveyance Project, the Sixth Street Viaduct Replacement Project and the Port of San Francisco Waterfront Resilience Program.

At Jacobs, we're challenging today to reinvent tomorrow – delivering outcomes and solutions for the world's most complex challenges. With a team of approximately 45,000, we provide end-to-end services in advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water. From advisory and consulting, feasibility, planning, design, program and lifecycle management, we're creating a more connected and sustainable world. See how at jacobs.com and connect with us on LinkedIn, Instagram, X and Facebook.

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, uncertainties as to the impact of the recently completed separation transaction pursuant to which we spun off and merged our Critical Missions Solutions and Cyber & Intelligence government services businesses with Amentum  (together, "new Amentum ") on Jacobs' and new Amentum's businesses, 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, increased uncertainty and risks, including policy risks and potential civil unrest, relating to the outcome of elections across our key markets and elevated geopolitical tension and conflicts, among others, 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

FAQ

What is the new contract Jacobs (NYSE: J) secured in California?

Jacobs secured a five-year contract with Lincoln-Sewer Management District 1 Wastewater Authority (LiSWA) to operate, maintain, and manage their wastewater treatment and reclamation facility in California.

How many people will benefit from Jacobs' wastewater services in this contract?

Jacobs will provide safe, compliant wastewater services for over 74,000 people through this contract with LiSWA.

What digital solutions will Jacobs implement in the LiSWA contract?

Jacobs will implement its Digital OneWater suite of solutions, including Intelligent O&M, to streamline operations and enhance efficiency at the wastewater treatment facility.

What improvements will Jacobs make to the LiSWA facility?

Jacobs will optimize biosolids management processing and storage capacity, and investigate expanding the capacity of existing biosolids drying greenhouses to strengthen operational resilience.