Jacobs Awarded Program Manager Owner Advisor Contract at King County South Treatment Plant in Washington State
Rhea-AI Summary
Jacobs (NYSE:J) has been awarded a program management and consultancy contract for King County's South Treatment Plant Facility Program in Renton, Washington. The 12-year contract, worth over $800 million, aims to enhance water quality and system resiliency for nearly two million people in Seattle and the central Puget Sound region. Jacobs will oversee the project from initiation through design, construction, and commissioning. The facility currently treats up to 115 million gallons of wastewater daily during wet weather and includes an on-site educational program and a 1.5-acre demonstration farm. Jacobs' selection builds on a long-standing relationship with King County, having previously managed projects like the award-winning Georgetown Wet Weather Treatment Station and the Brightwater Treatment Plant.
Positive
- Jacobs awarded a 12-year, $800 million contract for the South Treatment Plant Facility Program.
- Improved water quality and system resiliency for nearly two million people in Seattle and Puget Sound.
- Jacobs will oversee all phases of the project, ensuring comprehensive management.
- Continues a long-standing relationship with King County, including successful past projects like the Georgetown Wet Weather Treatment Station.
Negative
- None.
News Market Reaction – J
On the day this news was published, J declined 0.38%, reflecting a mild negative market reaction.
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Potential 12-year contract supports mission to protect public health and the environment
Leveraging experience from similar complex infrastructure programs, Jacobs will provide oversight from initiation through design, construction and commissioning for the South Treatment Plant Facility Program. Located in
"The South Treatment Plant Facility Program represents both a cross-generational investment in local
Jacobs' selection builds on a strong relationship and history of partnering with
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 Port of San Francisco Waterfront Resilience Program, Thames Tideway Tunnel, a significant water infrastructure project in the
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 approximately
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, our plans to spin off and merge with Amentum our Critical Missions Solutions business and a portion of our Divergent Solutions business in a proposed transaction that is intended to be tax-free to stockholders for
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SOURCE Jacobs
