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DALLAS, March 1, 2023 /PRNewswire/ -- Jacobs (NYSE:J) has been selected by LA Sanitation and Environment(LASAN) and the Los Angeles Department of Water and Power (LADWP) as the progressive design-build contractor for the Donald C. Tillman Advanced Water Purification Facility (AWPF). The project is a key part of the City of Los Angeles' long-term water management objective to fully reuse its water supplies and is one of the largest potable reuse projects in the country.
The city relies on groundwater supplies for a portion of its drinking water — at an estimated cost of $500 million, the new AWPF will treat tertiary effluent from the existing Donald C. Tillman Water Reclamation Plant to produce purified water suitable for groundwater replenishment via the Hansen Spreading Grounds. The project will use advanced treatment processes, including microfiltration, reverse osmosis and ultraviolet and advanced oxidation to purify more than 15 million gallons per day (mgd), reducing the amount of imported water, providing a new groundwater supply source for up to 200,000 customers, and will help increase the city's resiliency by providing a sustainable local drinking water source in the traditionally drought-stressed region.
"Jacobs' selection by LASAN and LADWP to help secure the city's long-term water supplies with a new advanced water purification facility is one of several transformative projects happening in the state to address drought concerns in California," said Jacobs People & Places Solutions Americas Senior Vice President Ron Williams. "Water scarcity is a growing issue across the globe. Taking this innovative and collaborative approach to tackle water shortages in Los Angeles offers a safe, sustainable and effective way to manage water resources and address water scarcity issues in the state."
A global leader in water, Jacobs has more than 25 years industry-leading experience in the water design-build space and has delivered more than 150 design-build projects and programs. Jacobs will deliver the project under a progressive design-build contract, with responsibility for design, permitting, construction, start-up and commissioning. The city selected the progressive design-build delivery model to minimize cost, reduce risk, streamline construction and improve schedule performance.
Because of the project's magnitude and importance in addressing water shortages in LA, it has received funding through the Water Infrastructure Finance and Innovation Act (WIFIA) program. WIFIA fast-tracks investment in U.S. water infrastructure by providing long-term, low-cost loans for regionally and nationally significant water projects. Financing the project with a WIFIA loan will save the city an estimated $81 million.
At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $15 billion in annual revenue and a talent force of more than 60,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit 1e1v.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.
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, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act, as well as general economic conditions, including inflation and the actions taken by monetary authorities in response to inflation, changes in interest rates and foreign currency exchange rates, changes in capital markets, the possibility of a recession or economic downturn, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
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