Program will connect state's third biggest
airport to world's third busiest cruise port
Supports vision to create more sustainable,
connected and inclusive communities
DALLAS, May 22, 2024
/PRNewswire/ -- Jacobs (NYSE:J) was selected to provide
program management services for Broward County Transportation
Department's first-ever public transit expansion. The 30-year,
$4.4 billion program will
transform the county's transportation infrastructure into a
multimodal transit system with a new light rail route connecting
Fort Lauderdale-Hollywood International Airport to Port Everglades
in Florida, U.S.
Leveraging experience from similar complex infrastructure
programs, Jacobs will manage all program services under its
five-year, $17.5 million
contract with the county, from developing design criteria for the
initial rail transit project to identifying ways to optimize system
maintenance and operations. In addition to light rail, the program
includes bus rapid transit and commuter rail as well as
transit-oriented development and affordable housing. In 2018,
county residents approved a one-percent transportation surtax to
fund the program.
"Public transit systems can do more than move people. They
connect communities and stimulate economic development," said
Jacobs Senior Vice President Chrissy
Thom. "Expanding these complex systems in a dense urban area
like Broward County is challenging
but critically necessary to meet South
Florida's growing population and immense tourism
industry."
In the past 14 years, more than 100,000 new residents have moved
to Broward County making it one of
America's largest counties. By modernizing transit infrastructure
and developing mixed-use spaces with affordable housing options,
the county hopes to further stimulate growth while making it easier
for residents and visitors to travel not only from the airport to
the port but throughout the region.
Ranked as No.1 in Program Management by
Engineering News-Record, Jacobs delivers today's most
complex, challenging and iconic infrastructure and transformation
programs. Jacobs has supported programs like New York City's Grand Central Madison project,
which transformed the busiest commuter railroad in the U.S., the
Thames Tideway Tunnel, one of the largest water infrastructure
projects ever undertaken in the U.K., and Etihad Rail, one of the largest infrastructure
efforts in the United Arab
Emirates.
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 $16 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.
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, our plans to spin off and merge with Amentum
our Critical Missions Solutions business and a portion of our
Divergent Solutions business in a proposed transaction that is
intended to be tax-free to stockholders for U.S. federal income tax
purposes, 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, geopolitical
events and conflicts, 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