Jacobs Secures Place on Highways England's Technical Advisor Framework

Rhea-AI Summary

Jacobs (NYSE:J) has been appointed to the Technical Advisor Framework by Highways England, aimed at enhancing capital road projects under the Roads Investment Strategy (RIS) 2. This framework, valued at over $1.27 billion (£1 billion), spans six years and is designed to improve the safety and reliability of England's strategic road network. Donald Morrison, Senior Vice President at Jacobs, emphasized their readiness to support project success through comprehensive evaluations and technical assurance.

Positive

• Awarded a position on Highways England's Technical Advisor Framework, facilitating participation in significant road projects.
• Framework worth over $1.27 billion (£1 billion) over six years, potentially boosting revenue and market presence.
• Long-standing partnership with Highways England enhances credibility and operational synergy.

Negative

• None.

DALLAS, Sept. 3, 2020 /PRNewswire/ -- Jacobs (NYSE:J) has been awarded a place on Highways England's Technical Advisor (TA) Framework to assist in the development, design and construction of capital road projects in the Roads Investment Strategy (RIS) 2, the strategy for investment in and management of the strategic road network in England.

Highways England has appointed Jacobs to Lot 4 (South West and Midlands) of the Regional Delivery Partnership TA Framework. With investments totaling more than $1.27 billion (£1 billion) over the six-year framework, it is hoped that the road schemes in the framework will boost the economy and make the network safer and more reliable.

"Jacobs and Highways England have a long-established relationship and this award provides an excellent opportunity to continue assisting them in the Regional Delivery Partnership as Technical Advisor," said Jacobs People & Places Solutions U.K./Europe Senior Vice President and General Manager and Global Executive Sponsor of Digital Strategies Donald Morrison. "We believe we are well placed to support Highways England in achieving its Framework vision through our involvement at all stages of the project lifecycle."

As Technical Advisor, Jacobs will work closely with the Regional Delivery Integration Partner to help Highways England create an environment that will foster project success. Jacobs' scope under the framework includes the economic evaluation, route decision, technical assurance and supervision of capital road projects.

Highways England is the government organization charged with planning, improving, managing, operating and maintaining England's Strategic Road Network – over 4,300 miles of motorways and major A roads connecting the country and driving economic growth.

Around the world, Jacobs delivers major transportation projects as part of integrated infrastructure solutions that encompass transport planning and modelling, environmental solutions, intelligent mobility, connected vehicle and other emerging technology to full project life cycle transport infrastructure management. In the U.K., Jacobs supports Highways England's National Infrastructure and Regional Investment Programs and its Smart Motorways Program, as well as programs for Transport Scotland and the Welsh Government.

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, Instagram, LinkedIn 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 is Jacobs' role in the Highways England Technical Advisor Framework?

Jacobs has been appointed as a Technical Advisor, helping to develop and manage capital road projects under the Roads Investment Strategy (RIS) 2.

How much is the Technical Advisor Framework awarded to Jacobs worth?

The framework is valued at over $1.27 billion (£1 billion) for a six-year duration.

What is the purpose of Highways England's Technical Advisor Framework?

The framework aims to enhance the development, design, and construction of capital road projects in England, ensuring improved safety and reliability.

How will Jacobs support Highways England in this framework?

Jacobs will provide economic evaluation, route decision-making, and technical assurance throughout the project lifecycle.

When was Jacobs awarded the Technical Advisor Framework by Highways England?

Jacobs was awarded the Technical Advisor Framework on September 3, 2020.