Jacobs Secures 13 Positions On Transport For London's Engineering Consultancy Framework

Jacobs Engineering Group Inc J has secured 13 positions on Transport for London's (TfL) Engineering Consultancy Framework. The financial terms were not disclosed.
The awards include key Framework Lots of Multi-Disciplinary Engineering and Rail Services, Transport and non-transport Architecture, and Cyber Security Engineering.
TfL estimates the framework to operate for a maximum four-year period and enables the entire TfL organization and London's Borough Authorities to access a broad range of multi-disciplinary design and consultancy services.
Jacobs already provides support to TfL's significant projects and engineering portfolio.
Price Action: J shares are trading lower by 0.74% at $126.94 on the last check Tuesday.