Jacobs Receives Contract from United Utilities in the UK

Oct 19, 2010, 07:45 ET from Jacobs Engineering Group Inc.

PASADENA, Calif., Oct. 19 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it secured a framework contract with United Utilities, the United Kingdom's largest listed water company. The appointment will run for the Asset Management Programme 5 (AMP5) period to 2015.

Officials did not disclose the contract value.

Terms of the contract include the provision of multi-discipline engineering services to undertake the solution identification and design of new water, wastewater and sludge treatment and network facilities, or modifications to existing treatment and network facilities. United Utilities serves over 7 million people in the North West of England.

The contract builds on Jacobs' successful service delivery to United Utilities over the past three years on a range of projects, including the West-East link, the major pipeline between Liverpool and Manchester.

In making the announcement, Jacobs Group Vice President Bob Duff stated, "We are very pleased to have been awarded this contract, which further strengthens our existing relationship with United Utilities. We look forward to assisting United Utilities in meeting the investment needs of its customers."

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.

Any statements made in this release that are not based on historical fact are forward-looking statements.  Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain.  We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in 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 2009 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 also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.

For additional information contact:

Michelle Jones


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SOURCE Jacobs Engineering Group Inc.