Jacobs Engineering Group Inc.
(NYSE:JEC) announced today that it has been selected to be on the Design Review Panel of Rail Corporation New South Wales (RailCorp) in Sydney, Australia. The appointment represents an important step in Jacobs’ strategy to expand its infrastructure business in Australia.
Officials did not disclose the contract value but noted that the duration of the contract is three years, with options for multiple one-year extensions.
As a member of RailCorp’s Design Review Panel, Jacobs is providing major design input into the verification and validation processes for rail capital projects.
Jacobs Group Vice President Tom Quinn stated, “We are very pleased to support RailCorp’s projects by serving on the Design Review Panel. Jacobs has identified excellent prospects here in Australia in the infrastructure sector, as well as in the oil and gas and mining and minerals sectors. We see considerable opportunities to leverage our local and global experience, adding full project life cycle value to our clients’ assets.”
Reinforcing this capability, Jacobs also recently finalized the acquisition of a small infrastructure consulting project management business based in Sydney.
is a government agency that provides passenger rail services within New South Wales, Australia, where several large rail projects are currently being implemented to meet the transport needs of Sydney's growth areas.
Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.
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