Jacobs to Manage Major Infrastructure Project for Ireland's National Transport Authority
Rhea-AI Summary
Jacobs (NYSE: J) has been selected by Ireland's National Transport Authority (NTA) to manage the BusConnects Dublin Core Bus Corridors Infrastructure Works Program, a critical ten-year infrastructure project. The program will deliver approximately 230 kilometers of continuous bus priority corridors and 200 kilometers of cycle paths with improved pedestrian facilities across Dublin and the Greater Dublin Area.
Jacobs will lead an integrated team including Arup, SYSTRA, and Chandler KBS to provide multi-disciplinary and program management services. The project aims to transform public transport, promote active travel, and support climate objectives. The program will serve as NTA's blueprint for future BusConnects programs in Cork, Limerick, Waterford, and Galway.
Positive
- Secured major long-term infrastructure contract with Ireland's National Transport Authority
- Project will serve as blueprint for future expansion to other Irish cities
- Strengthens Jacobs' position in Irish infrastructure market
Negative
- None.
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On the day this news was published, J gained 0.65%, reflecting a mild positive market reaction.
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Connects people and places in
Supports climate response and critical infrastructure in
"BusConnects Dublin aims to transform public transport and promote active travel as the viable and attractive choice for commuters and visitors, enhancing connectivity and community life, and supporting the economy and environment," said Jacobs Executive Vice President Kate Kenny. "Building on our long-term relationship with the NTA, we bring diverse experience from critical transportation infrastructure projects in
Jacobs will lead an integrated, locally driven team with Arup, and sub consultants SYSTRA and Chandler KBS, providing multi-disciplinary and major program management capability to support NTA in overseeing sustainable delivery of approximately 230 kilometers (~142 miles) of continuous bus priority corridors and approximately 200 kilometers (~124 miles) of cycle paths and improved pedestrian facilities.
The delivery of the program aims to support safe and sustainable transport while providing greater certainty on arrival times to destinations and also reducing public transport journey times. Of national strategic importance, the program will go on to form NTA's blueprint for planned future BusConnects programs in
"The NTA is excited to have reached this critical step for BusConnects Dublin, and now the really hard work begins on delivering this mega project with our Client Partner, Jacobs," said NTA Head of BusConnects Dublin Infrastructure Aidan Gallagher. "Jacobs has significant experience in
"BusConnects will deliver a better-connected
Across the island of
Key infrastructure projects include the National Transport Authority's BusConnects Cork program, the Dunkettle Interchange Upgrade, Cork County Council's M28 Motorway project and Irish Rail's East Coast Railway Infrastructure Protection Projects program.
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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, 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.
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SOURCE Jacobs