STOCK TITAN

Jacobs to Continue Leading America's Largest Community College Capital Program

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Jacobs (NYSE: J) has secured a five-year contract extension to continue managing the $15.1 billion BuildLACCD Bond Program for the Los Angeles Community College District. The company will oversee $3.3 billion in active projects across nine colleges, benefiting 250,000 students and faculty members.

Over the past seven years, Jacobs has completed nearly 200 projects and initiated 475 new construction and modernization projects for LACCD. The program encompasses housing, sustainability, IT modernization, and capital improvements. Jacobs, ranked No. 2 in Program Management by Engineering News-Record, manages approximately $12 billion in annual revenue with a workforce of 45,000 employees.

Jacobs (NYSE: J) ha ottenuto un'estensione contrattuale di cinque anni per continuare a gestire il Programma obbligazionario BuildLACCD da 15,1 miliardi di dollari per il Los Angeles Community College District. L'azienda supervisionerà progetti attivi per 3,3 miliardi di dollari in nove college, a beneficio di 250.000 studenti e membri del personale docente.

Negli ultimi sette anni, Jacobs ha completato quasi 200 progetti e avviato 475 nuovi progetti di costruzione e modernizzazione per LACCD. Il programma comprende alloggi, sostenibilità, modernizzazione IT e miglioramenti del capitale. Jacobs, classificata al secondo posto nel Program Management da Engineering News-Record, gestisce circa 12 miliardi di dollari di entrate annue con una forza lavoro di 45.000 dipendenti.

Jacobs (NYSE: J) ha asegurado una extensión de contrato de cinco años para continuar gestionando el Programa de Bonos BuildLACCD de 15,1 mil millones de dólares para el Distrito de Colegios Comunitarios de Los Ángeles. La empresa supervisará proyectos activos por 3,3 mil millones de dólares en nueve campus, beneficiando a 250.000 estudiantes y miembros del profesorado.

En los últimos siete años, Jacobs ha completado casi 200 proyectos e iniciado 475 nuevos proyectos de construcción y modernización para el LACCD. El programa abarca vivienda, sostenibilidad, modernización de TI y mejoras de capital. Jacobs, clasificado en el número 2 en Gestión de Programas por Engineering News-Record, gestiona aproximadamente 12 mil millones de dólares en ingresos anuales con una fuerza laboral de 45,000 empleados.

Jacobs (NYSE: J)가 로스앤젤레스 커뮤니티 칼리지 디스트릭트의 빌드LACCD 채권 프로그램 151억 달러를 계속 관리하기 위한 5년 계약 연장을 확보했습니다. 이 회사는 9개 대학에 걸쳐 활성 프로젝트 33억 달러를 감독하게 되며 250,000명의 학생과 교직원에게 혜택을 제공합니다.

지난 7년 동안 Jacobs는 거의 200개 프로젝트를 완료했고 LACCD를 위해 새로운 건설 및 현대화 프로젝트 475개를 시작했습니다. 이 프로그램은 주택, 지속 가능성, IT 현대화 및 자본 개선을 포함합니다. Engineering News-Record가 프로그램 관리에서 2위로 평가한 Jacobs는 연간 매출 약 120억 달러를 관리하며 45,000명의 직원이 근무하고 있습니다.

Jacobs (NYSE: J) a obtenu une prolongation de contrat de cinq ans pour continuer à gérer le Programme d'obligations BuildLACCD d'une valeur de 15,1 milliards de dollars pour le Los Angeles Community College District. L'entreprise supervisera des projets actifs d'une valeur de 3,3 milliards de dollars dans neuf collèges, au bénéfice de 250 000 étudiants et membres du personnel.

Au cours des sept dernières années, Jacobs a terminé près de 200 projets et lancé 475 nouveaux projets de construction et de modernisation pour le LACCD. Le programme comprend le logement, la durabilité, la modernisation des technologies de l'information et les améliorations capitales. Jacobs, classé n° 2 en gestion de programme par Engineering News-Record, gère environ 12 milliards de dollars de revenus annuels avec une main-d'œuvre de 45 000 employés.

Jacobs (NYSE: J) hat eine Verlängerung des Fünfjahresvertrags erzielt, um die BuildLACCD-Anleiheprogramm im Wert von 15,1 Milliarden Dollar weiterhin für den Los Angeles Community College District zu verwalten. Das Unternehmen wird aktive Projekte im Wert von 3,3 Milliarden Dollar an neun Hochschulen überwachen, zum Nutzen von 250.000 Studierenden und Mitarbeitenden.

In den letzten sieben Jahren hat Jacobs fast 200 Projekte abgeschlossen und 475 neue Bau- und Modernisierungsprojekte für das LACCD initiiert. Das Programm umfasst Wohnungsbau, Nachhaltigkeit, IT-Modernisierung und Kapitalverbesserungen. Jacobs, laut Engineering News-Record auf Platz 2 im Programmmanagement, verwaltet etwa 12 Milliarden Dollar Jahresumsatz mit einer Belegschaft von 45.000 Mitarbeitern.

جاكوبس (بورصة نيويورك: J) حصلت على تمديد عقد لخمس سنوات لاستمرار إدارة برنامج سندات BuildLACCD بقيمة 15.1 مليار دولار لدائرة كليات المجتمع في لوس أنجلوس. ستشرف الشركة على مشاريع نشطة بقيمة 3.3 مليار دولار عبر تسع كليات، وهو ما يستفيد منه 250,000 طالب وعضو هيئة التدريس.

خلال السنوات السبع الماضية، أتمت جاكوبس ما يقرب من 200 مشروع وبدأت 475 مشروع بناء وتجديد جديد لدورة LACCD. يشمل البرنامج الإسكان، الاستدامة، تحديث تكنولوجيا المعلومات، وتحسينات رأس المال. جاكوبس، المصنفة في المركز الثاني في إدارة البرنامج من قبل Engineering News-Record، تدير نحو 12 مليار دولار من الإيرادات السنوية وبقوة عاملة تبلغ 45,000 موظف.

Jacobs (NYSE: J) 已获得为期五年的合同延长,以继续为洛杉矶社区学院区管理价值151亿美元的BuildLACCD债券计划。该公司将监督九所学院的在建项目价值33亿美元,惠及25万名学生和教职员工。

在过去七年中,Jacobs 已完成近200个项目,并为LACCD启动了475个新的建筑与现代化项目。该计划包括住房、可持续性、IT现代化和资本改进。Jacobs 在Engineering News-Record的《项目管理》排名中位列第2名,年收入约为120亿美元,员工约4.5万人。

Positive
  • Secured major five-year contract extension for $15.1B program management
  • Overseeing $3.3B in active projects across nine colleges
  • Successfully completed 200 projects and initiated 475 new ones in past seven years
  • Strong market position as #2 in Program Management by Engineering News-Record
  • Demonstrates continued trust from major institutional client
Negative
  • Significant exposure to government funding uncertainties and policy risks
  • Project execution subject to inflation and interest rate pressures
  • Vulnerable to potential recession and economic downturn impacts

Insights

Jacobs secures major contract renewal for LACCD's $15.1B capital program, strengthening its education sector portfolio with $3.3B in active projects.

Jacobs (NYSE: J) has secured a significant contract renewal with the Los Angeles Community College District (LACCD) to continue managing their $15.1 billion BuildLACCD Bond Program. This five-year extension represents substantial recurring revenue and strengthens Jacobs' position in the education infrastructure sector.

The renewed contract involves overseeing $3.3 billion in active projects spanning housing, sustainability, IT modernization, and other capital improvements across LACCD's nine colleges, serving 250,000 students and faculty. This continuation builds on Jacobs' seven-year track record with LACCD, during which they completed nearly 200 projects and initiated 475 new construction and modernization projects.

This contract reinforces Jacobs' industry standing as the No. 2 ranked program management firm by Engineering News-Record. The company has developed specialized expertise in educational infrastructure, managing similar programs for institutions like Tarrant County College District, UC San Francisco, and Dallas Independent School District. Their involvement in approximately one in eight schools across the U.S. demonstrates their dominant market position in educational infrastructure.

For investors, this renewal signals Jacobs' ability to maintain long-term client relationships in the public sector and secure predictable revenue streams. With $12 billion in annual revenue and approximately 45,000 employees, this contract fits within Jacobs' broader strategy of focusing on complex infrastructure projects with multi-year implementation timelines, providing revenue visibility and stability.

Shaping higher education in California through $3.3 billion campus modernizations

DALLAS, Sept. 23, 2025 /PRNewswire/ -- Jacobs (NYSE: J) has been selected by the Los Angeles Community College District (LACCD) to continue delivering program management services for its $15.1 billion BuildLACCD Bond Program, extending a relationship that has helped transform academic infrastructure across the district's nine colleges.

The five-year contract continues to advance LACCD's program to meet the needs of the next generation. Jacobs' ongoing role maintains momentum on critical facility, housing and athletic infrastructure projects benefiting 250,000 students and faculty members and the broader Los Angeles community.

"With decades of global program management experience, Jacobs understands what it takes to deliver complex capital programs at scale," said Jacobs Executive Vice President Eva Wood. "What makes this work meaningful is the opportunity to continue supporting the Los Angeles Community College District in building facilities that empower students, strengthen neighborhoods and create lasting, community-driven impact in Los Angeles."

During the past seven years, Jacobs and LACCD have implemented some of the highest year-over-year construction volumes in district history, reaching substantial completion on nearly 200 projects, and initiating a total of 475 new construction and modernization projects. Continuing this record-setting progress, Jacobs will oversee more than $3.3 billion in active projects spanning housing, sustainability, IT modernization and capital improvements for the next phase of the BuildLACCD Bond Program.

Ranked No. 2 in Program Management by Engineering News-Record, Jacobs delivers some of the world's most complex infrastructure, including similar capital improvement programs for Tarrant County College District in Texas, the University of California, San Francisco, and Dallas Independent School District, and working in more than 15,000 learning environments – supporting roughly one in eight schools across the U.S. – to transform campuses into dynamic spaces for innovation, research and student success.

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 us on LinkedIn, InstagramX and Facebook.  

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 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 and executive orders related to governmental spending, including any directive to federal agencies to reduce federal spending or the size of the federal workforce, and changes in U.S. or foreign tax laws, including the new tax legislation enacted in the U.S. in July 2025, statutes, rules, regulations or ordinances, including the impact of, and changes to tariffs and retaliatory tariffs or trade policies, that may adversely impact our future financial positions or results of operations, 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, and 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. For a description of these and additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our filings with the U.S. 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   

 

Jacobs Logo (PRNewsfoto/Jacobs)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/jacobs-to-continue-leading-americas-largest-community-college-capital-program-302559050.html

SOURCE Jacobs

FAQ

What is the total value of the BuildLACCD Bond Program that Jacobs (NYSE: J) is managing?

Jacobs is managing the $15.1 billion BuildLACCD Bond Program, which is America's largest community college capital program.

How many projects has Jacobs completed for LACCD in the past seven years?

Jacobs has reached substantial completion on nearly 200 projects and initiated 475 new construction and modernization projects for LACCD.

What is the value of active projects Jacobs will oversee in the next phase?

Jacobs will oversee $3.3 billion in active projects spanning housing, sustainability, IT modernization and capital improvements.

How many students and faculty members will benefit from the LACCD program?

The program benefits 250,000 students and faculty members across LACCD's nine colleges, plus the broader Los Angeles community.

What is Jacobs' current annual revenue and employee count?

Jacobs generates approximately $12 billion in annual revenue and employs a team of almost 45,000 people.
Jacobs Engr Group Inc

NYSE:J

J Rankings

J Latest News

J Latest SEC Filings

J Stock Data

18.00B
118.09M
1.12%
90.25%
1.73%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
Link
United States
DALLAS