Answer
The pressârelease excerpt you provided does not include the specific figures for either the contract value or the project timeline for Jacobsâ constructionâmanagement work on the PierâŻB OnâDock Rail Support at the Port of LongâŻBeach.
Below is a concise summary of what is known from the information you shared, together with guidance on where to locate the missing details:
Item | Information from the excerpt | Information not provided (needs to be confirmed) |
---|---|---|
Contract value | Not disclosed in the excerpt. | The total dollar amount that Jacobs will receive for the constructionâmanagement services. |
Expected timeline | Not disclosed in the excerpt. | The start date, duration (e.g., number of months/years), and any key milestones (e.g., designâphase completion, start of onâdock rail construction, final handâover). |
How to obtain the missing details
Full pressârelease â The original PRâŻNewswire release (datedâŻ2025â08â07, 11:45âŻUTC) will almost certainly contain a paragraph such as:
âThe contract, valued at $XâŻmillion, will be executed over YâŻmonths/years, with constructionâmanagement activities slated to begin in MonthâŻYear and conclude in MonthâŻYear.â
Jacobsâ Investor Relations page â Companies often post the same press release in their âNews & Pressâ or âInvestor Relationsâ sections, where the full text (including financial terms) is available for download as a PDF or HTML article.
SEC filings (e.g., FormâŻ8âK) â If the contract is material to Jacobsâ business, the company may have filed a FormâŻ8âK with the SEC that includes the contract amount and expected duration. These filings are searchable via the SECâs EDGAR database.
Port of Long Beach announcements â The port authority sometimes issues a complementary statement that may disclose the project schedule and budget.
Why the details matter
- Contract value: Knowing the dollar amount helps assess the scale of the investment and its impact on Jacobsâ revenue pipeline, as well as the economic significance for the Port of LongâŻBeach and the surrounding region.
- Timeline: The schedule indicates when the railâcapacityâdoubling work will commence and finish, which is crucial for stakeholders tracking supplyâchain improvements, job creation, and related economicâdevelopment milestones.
Suggested next steps
- Locate the full PRâŻNewswire article (search for âJacobs to Support Rail Expansion for Major LAâArea Port Facilityâ on PRNewswire or via a web search engine).
- Visit Jacobsâ newsroom at
https://www.jacobs.com/news
and filter by the AugustâŻ2025 release date. - Check the SECâs EDGAR system for any Jacobs filings around early AugustâŻ2025 that reference the Port of LongâŻBeach contract.
Once you have the complete release or filing, you will be able to extract the exact contract value (e.g., â$45âŻmillionâ) and the projected timeline (e.g., âa 24âmonth constructionâmanagement period beginning in Q4âŻ2025 and concluding in Q4âŻ2027â). If you retrieve that full text and share it here, I can promptly extract and present those figures for you.