Coquitlam Lake Water Supply Project will deliver
resilient infrastructure for growing demand in British Columbia, Canada
DALLAS, Dec. 11,
2024 /PRNewswire/ -- Jacobs (NYSE: J) was
selected by Metro Vancouver, a regional district in British Columbia, Canada to provide program
management services for the Coquitlam Lake Water Supply Project.
The project will expand capacity for accessing, treating and
distributing water from Coquitlam Lake, the region's largest
drinking water source, while increasing the system's resilience to
climate change.
The infrastructure includes building a state-of-the-art intake
facility, a 5.3-mile (8.5 km) water supply tunnel and a new
treatment plant to serve the region's 2.7 million residents and
meet future demand. As the program manager, Jacobs will oversee
permitting, design, project controls and construction of the
critical water infrastructure as well as deliver supporting
technical services and a treatment pilot study.
"Addressing challenges like climate change, water scarcity,
aging infrastructure and emerging contaminants makes managing
essential water resources more complex than ever," said Jacobs
Senior Vice President Katus Watson.
"Metro Vancouver's Coquitlam Lake Water Supply Project is securing
the region's water future. By working together with these local
communities, we're enhancing capacity and fostering resilience for
generations to come."
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 the multi-year program to
upgrade Metro Vancouver's Iona Island Wastewater Treatment
Plant, southern California's Pure Water Project Las
Virgenes-Triunfo, which is securing a more resilient drinking
water supply in the region, the Thames Tideway Tunnel,
one of the largest water infrastructure projects ever undertaken in
the U.K., and Central Interceptor, New
Zealand's largest-ever wastewater project.
At Jacobs, we're challenging today to reinvent tomorrow –
delivering outcomes and solutions for the world's most complex
challenges. With approximately $12
billion in annual revenue and a team of almost 45,000, we
provide end-to-end services in advanced manufacturing, cities &
places, energy, environmental, life sciences, transportation and
water. From advisory and consulting, feasibility, planning, design,
program and lifecycle management, we're creating a more connected
and sustainable world. See how at 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, uncertainties as to the impact of the recently
completed separation transaction pursuant to which we spun off and
merged our Critical Missions Solutions and Cyber & Intelligence
government services businesses with Amentum (together, "new
Amentum ") on Jacobs' and new Amentum's businesses, 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, increased uncertainty and risks, including policy risks
and potential civil unrest, relating to the outcome of elections
across our key markets and elevated geopolitical tension and
conflicts, among others, 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