DALLAS, Feb. 12, 2020 /PRNewswire/ -- Jacobs (NYSE:J) has been awarded places on four Lots for Network Rail's prestigious Design Services Framework (DSF), to deliver multi-disciplinary technical and professional services, including geotechnical, civils and structures capability. This is the maximum number of Lots that could be awarded to any one supplier.
Commencing immediately, the framework is for an initial five-year term, with the possibility of extension. Jacobs will work closely with Costain and SYSTRA to deliver a broad spectrum of professional services, as well as drawing on niche capability from a supply chain of 45 firms, including 25 small- and medium-sized enterprises.
The pipeline of enhancement and renewal work for Network Rail is significant and includes two projects that Jacobs is currently supporting: The Western Rail Link to Heathrow and the Transpennine Route Upgrade. The new framework contract allows Jacobs to continue its work developing technology-driven solutions across areas such as asset management, digital twin, strategic consultancy and major project and program delivery.
"This is an exciting opportunity to continue to support a more integrated way of working and help Network Rail in its drive to improve reliability and putting passengers first," said Jacobs People & Places Solutions Senior Vice President and General Manager in Europe, Middle East and Africa Donald Morrison. "As mobility demands and technology evolve rapidly, we are ready to help create smart, resilient transport solutions that enhance passenger experience."
"Network Rail will have greater access to a design support network providing mutual benefits to both Network Rail and the supply chain," added Network Rail Commercial Director Daljinder Chatta. "Some of these include working more directly with suppliers, improved assurance, getting closer to experts, improved business and safety performance, and enabling innovation to thrive."
Jacobs has worked with Network Rail and its predecessors for more than four decades, supporting projects across infrastructure, operations and asset management. Other U.K. rail projects include Blackfriars Station, the Thameslink Program (including KO2 and London Bridge station), the Edinburgh to Glasgow Improvement Program and Crossrail.
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 approximately 52,000, 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. 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, 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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