City of Centennial, Colorado, Renews Jacobs' Contract for Critical Infrastructure Services
Jacobs (NYSE:J) has secured a significant 15-year contract renewal from the City of Centennial, Colorado, extending their 17-year partnership in delivering critical public works services. The agreement covers oversight of essential infrastructure services including public works, traffic engineering, street rehabilitation, and management of the city's 2,800-light streetlight program.
The company will leverage PA Consulting to advance Centennial's future-ready initiatives, focusing on strengthening transportation and digital infrastructure. Key objectives include improving connectivity between I-25 corridor businesses and Centennial City Park, enhancing accessibility, and preparing for autonomous equipment adoption. The partnership serves a population of over 110,000 residents and has received reaccreditation from the American Public Works Association.
Jacobs (NYSE:J) ha ottenuto un importante rinnovo contrattuale di 15 anni con la citt脿 di Centennial, Colorado, estendendo a 17 anni la loro collaborazione nella fornitura di servizi pubblici essenziali. L鈥檃ccordo contempla la supervisione di infrastrutture fondamentali, tra cui lavori pubblici, ingegneria del traffico, riqualificazione stradale e la gestione del programma comunale di 2.800 punti luce per l鈥檌lluminazione stradale.
L鈥檃zienda si avvarr脿 di PA Consulting per promuovere le iniziative di Centennial orientate al futuro, con particolare attenzione al rafforzamento delle infrastrutture dei trasporti e digitali. Tra gli obiettivi principali figurano il miglioramento della connettivit脿 tra le imprese lungo il corridoio I-25 e Centennial City Park, l鈥檃umento dell鈥檃ccessibilit脿 e la preparazione all鈥檃dozione di attrezzature autonome. La partnership serve una popolazione di oltre 110.000 residenti ed ha ottenuto la reaccreditazione dall鈥橝merican Public Works Association.
Jacobs (NYSE:J) ha asegurado una importante renovaci贸n de contrato por 15 a帽os con la ciudad de Centennial, Colorado, ampliando a 17 a帽os su asociaci贸n en la prestaci贸n de servicios p煤blicos esenciales. El acuerdo abarca la supervisi贸n de infraestructuras clave, incluyendo obras p煤blicas, ingenier铆a de tr谩fico, rehabilitaci贸n de calles y la gesti贸n del programa municipal de alumbrado con 2.800 luminarias.
La compa帽铆a contar谩 con PA Consulting para impulsar las iniciativas de Centennial orientadas al futuro, centradas en reforzar las infraestructuras de transporte y digitales. Entre los objetivos clave est谩n mejorar la conectividad entre las empresas del corredor I-25 y Centennial City Park, aumentar la accesibilidad y prepararse para la adopci贸n de equipos aut贸nomos. La colaboraci贸n atiende a una poblaci贸n de m谩s de 110.000 residentes y ha recibido la reacreditaci贸n de la American Public Works Association.
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须岇偓电� PA Consulting鞚� 頇滌毄頃� 靹柬厡雼堨柤鞚� 氙鸽灅 雽�牍� 鞚措媹靺旐嫲敫岆ゼ 於旍頃橂┌ 甑愴喌 氚� 霐旍韯� 鞚疙攧霛� 臧曧檾鞐� 欷戩爯鞚� 霊� 鞓堨爼鞛呺媹雼�. 欤检殧 氇╉憸鞐愲姅 I-25 須岆瀾鞚� 旮办梾霌り臣 Centennial City Park 臧� 鞐瓣舶靹� 臧滌劆, 鞝戧芳靹� 頄レ儊, 鞛愳湪 鞛ル箘 霃勳瀰 欷�牍勱皜 韽暔霅╇媹雼�. 鞚� 韺岉姼雱堨嫮鞚� 110,000氇� 鞚挫儊鞚� 欤茧霌れ棎瓴� 靹滊箘鞀るゼ 鞝滉车頃橂┌ American Public Works Association鞚� 鞛澑歃濎潉 氚涭晿鞀惦媹雼�.
Jacobs (NYSE:J) a obtenu un important renouvellement de contrat de 15 ans avec la ville de Centennial, Colorado, prolongeant 脿 17 ans leur partenariat pour la fourniture de services publics essentiels. L鈥檃ccord couvre la supervision des services d鈥檌nfrastructures cl茅s, notamment les travaux publics, l鈥檌ng茅nierie du trafic, la r茅habilitation des voiries et la gestion du programme communal d鈥櫭ヽlairage public de 2 800 luminaires.
L鈥檈ntreprise s鈥檃ppuiera sur PA Consulting pour faire avancer les initiatives ax茅es sur l鈥檃venir de Centennial, en mettant l鈥檃ccent sur le renforcement des infrastructures de transport et num茅riques. Les objectifs principaux incluent l鈥檃m茅lioration de la connectivit茅 entre les entreprises du corridor I-25 et Centennial City Park, l鈥檃ccroissement de l鈥檃ccessibilit茅 et la pr茅paration 脿 l鈥檃doption d鈥櫭﹒uipements autonomes. Le partenariat dessert une population de plus de 110 000 habitants et a obtenu la r茅accr茅ditation de l鈥橝merican Public Works Association.
Jacobs (NYSE:J) hat einen bedeutenden 15-j盲hrigen Vertragsverl盲ngerung mit der Stadt Centennial, Colorado, gesichert und damit die 17-j盲hrige Partnerschaft in der Erbringung wichtiger kommunaler Dienstleistungen verl盲ngert. Die Vereinbarung umfasst die Aufsicht 眉ber wesentliche Infrastrukturdienste wie 枚ffentliche Arbeiten, Verkehrstechnik, Stra脽ensanierung und das Management des kommunalen Stra脽enbeleuchtungsprogramms mit 2.800 Leuchten.
Das Unternehmen wird PA Consulting einsetzen, um Centennials zukunftsf盲hige Initiativen voranzubringen, mit Schwerpunkt auf der St盲rkung der Verkehrs- und digitalen Infrastruktur. Zu den Hauptzielen geh枚ren die Verbesserung der Anbindung zwischen den Unternehmen im I-25-Korridor und dem Centennial City Park, die Erh枚hung der Zug盲nglichkeit und die Vorbereitung auf die Einf眉hrung autonomer Ger盲te. Die Partnerschaft betreut eine Bev枚lkerung von 眉ber 110.000 Einwohnern und wurde von der American Public Works Association erneut akkreditiert.
- Secured long-term 15-year contract renewal, ensuring stable revenue stream
- Expands existing 17-year relationship with proven track record
- Serves substantial market of 110,000 residents
- Strategic involvement in future-ready infrastructure initiatives through PA Consulting
- Received reaccreditation from American Public Works Association, validating service quality
- Exposure to municipal budget constraints and political changes
- Subject to inflation and interest rate risks affecting project costs
- Potential challenges in adapting to rapidly evolving technological requirements
Insights
Jacobs secures 15-year infrastructure contract renewal with Centennial, extending stable revenue stream and building on 17-year partnership.
Jacobs' 15-year contract renewal with Centennial represents a significant win that reinforces the company's position in the municipal infrastructure services market. The agreement extends a 17-year partnership that has clearly delivered value to the city's 110,000 residents. This type of long-duration municipal contract provides predictable revenue streams that investors typically value for stability.
The scope is comprehensive, covering public works, traffic engineering, street rehabilitation, code enforcement, facilities management, and a 2,800-light streetlight program. While the financial terms aren't disclosed, municipal contracts of this nature and duration typically represent material recurring revenue for infrastructure service providers.
What's particularly notable is Jacobs' evolution from basic infrastructure maintenance to delivering smart city initiatives and intelligent transportation systems. The company is leveraging its PA Consulting unit (in which it holds a 65% stake) to advance digital infrastructure capabilities that prepare Centennial for future technologies including autonomous vehicles.
The reaccreditation from the American Public Works Association validates the quality of service delivery and strengthens Jacobs' credentials when pursuing similar contracts with other municipalities. This model of public-private partnership provides a template Jacobs can replicate across its municipal client base.
For context, Jacobs reports approximately $12 billion in annual revenue with a workforce of almost 45,000. While this single contract won't dramatically move the needle on overall performance, it contributes to the company's stable base of long-term government services work that helps balance more cyclical segments in its portfolio.
Long-term agreement to power intelligent transportation systems and build future-ready city infrastructure
Under the agreement, Jacobs will maintain oversight of critical city infrastructure services, including operations related to public works, traffic engineering, street rehabilitation, code enforcement, facilities management and the city's 2,800-light streetlight program.
"The agreement builds on Jacobs' 17-year legacy of delivering innovative solutions for the city and will help shape a more resilient and adaptable infrastructure system," said Executive Vice President . "Our extensive experience serving the city enables us to anticipate evolving needs while staying aligned with the community's priorities. Together, we've established a model public-private partnership built on a unified, shared vision for the future."
Jacobs will play a key role in advancing the city's strategic vision, using to promote
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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
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