Providing design and general engineering services for NJ TRANSITGRID
DALLAS--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) has been selected by NJ TRANSIT to
provide design and general engineering services for the NJ TRANSIT
Microgrid (NJ TRANSITGRID) project.
The objective of the $577 million NJ TRANSITGRID project, the first of
its kind in the United States for public transportation, is to implement
a microgrid capable of providing reliable power for core critical
transit infrastructure supporting rail systems operated by NJ TRANSIT
and other operators of the Northeast Corridor (NEC). The microgrid will
be capable of supplying highly resilient power during critical times
when the regional electric grid may be compromised due to storms or
other events.
Key design components of the new microgrid include a central, natural
gas-fired power plant and associated substations,
transmission/distribution lines to substations that electrify the tracks
and operating controls for critical portions of the NJ TRANSIT and the
NEC systems, as well as connections to the PJM commercial grid.
Under the terms of the contract, Jacobs is providing owner’s engineering
services including regulatory & economic advisory services, conceptual
and preliminary design, procurement support, contract packaging for the
procurement of design-build contracts, and construction assistance to
support the development of the NJ TRANSITGRID project.
In making the announcement, Jacobs Senior Vice President Buildings and
Infrastructure Randy Pierce stated, “We are very pleased and excited to
partner with NJ TRANSIT in developing this unique project. NJ
TRANSITGRID is set to make a tremendous difference in the lives of the
commuting public during the times when they need it most when events
disrupt New Jersey’s critical infrastructure, isolating the local
population from their jobs, families, and other important services. This
project continues to advance NJ TRANSIT’s leadership in resiliency and
recovery.”
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 2015 Form 10-K, 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.
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Source: Jacobs Engineering Group Inc.