DALLAS – Jacobs Engineering Group Inc. (NYSE:JEC) was awarded a ten-year, multi-million dollar contract from the Pennsylvania Department of Transportation (PennDOT) to design a long-range, comprehensive, multi-modal transportation management solution to improve travel along the Interstate 76 (Schuylkill Expressway) Corridor in the Philadelphia metropolitan area.
Jacobs will provide systems engineering and alternatives analysis, preliminary engineering, final design, right-of-way acquisition services and construction consultation to provide improvements on I-76 and supporting arterials between the Pennsylvania Turnpike (I-276) and US Route 1 interchanges to enable active traffic management. These improvements may include junction control, dynamic lane assignments, part-time shoulder use, ramp metering, multi-modal enhancements, connected vehicle applications, variable speed limit signs and queue detection/warning components.
“The importance of this corridor to the Philadelphia region cannot be overstated,” said PennDOT’s Secretary of Transportation Leslie S. Richards. “It’s imperative that we take advantage of new technologies and partner with Southeastern Pennsylvania Transportation Authority and other key stakeholders and partners like Jacobs to offer citizens better options for travel between Philadelphia and the northwest suburbs.”
“The proposed upgrades to the Schuylkill Expressway represent the convergence of innovative technology and infrastructure that will directly improve the quality of life for the commuting public in the Philadelphia metropolitan region,” said Jacobs’ Buildings & Infrastructure President, Bob Pragada. “PennDOT has entrusted Jacobs to help create forward-focused, flexible yet practical travel solutions for this region, drawing on our broad transportation capabilities and experience from across the world.”
Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 54,000 people and operates in more than 25 countries around the world. For more information, visit www.jacobs.com.
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 of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our Form 10-K for the year ended September 30, 2016, and in particular the discussions contained under Items 1 – Business, 1A – Risk Factors, 3 – Legal Proceedings, and 7 – Management’s Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.