Jacobs lands $137M contract to manage US Virgin Islands rebuild

Jacobs is heading to the Caribbean to assist steer an infrastructure rebuild effort throughout the U.S. Virgin Islands.

The Dallas-based development firm not too long ago secured a $137 million program management contract from the Virgin Islands Public Finance Authority, in line with an April 15 information launch. The deal helps the Rebuild USVI initiative, the territory’s restoration plan following the damages of hurricanes Irma and Maria in 2017.

Beneath the three-year settlement, Jacobs will work alongside the U.S. Virgin Islands’ Tremendous Undertaking Administration Workplace to information the restoration and reconstruction of important infrastructure throughout St. Croix, St. Thomas and St. John. That features hospitals, faculties, roads, energy infrastructure, and water and wastewater utilities, in line with the discharge.

“The islands are residence to just about 90,000 individuals who rely on secure faculties, dependable transportation, constant utility providers and entry to healthcare,” stated Ron Williams, govt vice chairman at Jacobs. “Additional, with tourism because the financial engine, it’s important we prioritize efforts shortly and make the islands’ infrastructure extra resilient for the longer term.”

Jacobs may also present advisory and consulting providers associated to undertaking planning, environmental administration, logistics, provide chain and workforce challenges, in line with the corporate.

The award provides to Jacobs’ latest momentum within the infrastructure and water space. CEO Bob Pragada stated earlier this 12 months that the agency continues to see sturdy demand throughout key sectors, together with water, environmental providers and superior services, regardless of tariff-related concerns.

The Virgin Islands Public Finance Authority’s Workplace of Catastrophe Restoration, which manages $23 billion in federal restoration funds for the Virgin Islands, chosen Jacobs based mostly on its pricing, sources, technical experience and strategic partnerships, stated Adrienne Williams-Octalien, ODR director.

“We’re excited to have Jacobs’ help as we proceed working to rebuild a stronger, extra resilient neighborhood whereas guaranteeing full compliance with our funding necessities,” stated Williams-Octalien.