Jacobs (J) was selected by the New York Metropolitan Transportation Authority, or MTA, as the program management consultant for the Long Island Rail Road, or LIRR, station improvements project. Jacobs will provide program management services, overseeing construction and commercial management, design compliance and risk identification. The design-build contract includes updating LIRR’s Babylon, Forest Hills and Hollis stations to bring them into Americans with Disabilities Act, or ADA, compliance – increasing the population that can access and enjoy this public amenity. LIRR serves nearly 260,000 customers daily. Improvements are expected to include installation and rehabilitation of ADA compliant elevators, escalators, ramps, platform and canopy replacements as well as architectural and wayfinding upgrades that improve functionality and provide a more comfortable customer experience. MTA estimates the total contract value for this project at $227.5M and final completion is anticipated in 2026.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on J:
- Jacobs Solutions Announces Spinoff and Merger with Amentum
- Jacobs: Record date for Amentum merger set for September 23
- Jacobs Solutions Announces Leadership Restructure and Strategic Merger
- Jacobs names Bob Pragada as Chair of the Board
- Jacobs selected to support new airport development in Saudi Arabia