Jacobs Expands its Role with United Utilities in the UK
PASADENA, Calif. -- July 22, 2014
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded a
contract as sole provider to United Utilities plc for engineering services for
the next investment period of its Asset Management Program (AMP6). United
Utilities is one of the UK’s largest water and wastewater companies, supplying
seven million people in the North West of England with their water and
Officials did not disclose the contract value, but noted that the agreement
covers United Utilities’ capital and operational investment associated with
their business plan for the AMP6 regulatory period (2015 to 2020) and includes
an option to extend by up to eight years into AMP7 and beyond.
Under the terms of the contract, Jacobs is providing a wide range of
multi-disciplinary engineering and related services across the lifecycle of
United Utilities assets; including water, wastewater and sludge treatment, and
network facilities. These services encompass data analytics, strategic and
feasibility studies, needs definition, business planning, and network modeling
through to tactical support of United Utilities’ operational business, which
involves energy and asset optimization, project and program management, and
research and development. This award builds on Jacobs’ successful service
delivery to United Utilities over the past four years.
In making the announcement, Jacobs Group Vice President Bob Duff stated, “We
are delighted to expand our relationship with United Utilities, and look
forward to working closely with them, their construction partners and
stakeholders to deliver a capital and operational investment program that
achieves their vision, objectives, and environmental and customer needs. We
plan to leverage Jacobs’ global multi-disciplinary skills – accumulated across
both our water industry experience and our experience in other sectors – to
help challenge norms and drive innovation.”
Jacobs is one of the world's largest and most diverse providers of technical
professional and construction services.
Statements made in this release that are not based on historical fact are
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.For
a description of some of the factors which may occur that could cause actual
results to differ from our forward-looking statements please refer to our 2013
Form 10-K, and in particular the discussions contained under Items 1 -
Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's
Discussion and Analysis of Financial Condition and Results of Operations. We
do not undertake to update any forward-looking statements made herein.
Jacobs Engineering Group Inc.
Michelle Jones, 626-578-6968
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