August 08, 2012
PASADENA, Calif., Aug. 7, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it has been awarded a place on a framework agreement by the UK Government Procurement Service to provide environmental and sustainability advice, support and delivery services across the public sector.
The three-year framework agreement has a provision for a further one-year extension. Government Procurement Service officials have disclosed that the public sector is expected to spend between $93-186 million (£60-120 million GBP) through the framework over the next three years.
Under the terms of the agreement, Jacobs is eligible to secure work on a variety of projects covering seven Government Procurement Service Lots in the areas of air, waste, water, climate change, sustainability and the built environment.
The framework is open for use by all public sector organizations in the UK as a means for them to efficiently and flexibly procure services across a broad range of technical areas. This award enables Jacobs to continue working closely with a number of existing public sector clients that are adopting the framework, while also affording Jacobs the opportunity to broaden its public sector client base.
In making the announcement, Jacobs Group Vice President Bob Duff said, "We are delighted to be appointed to this Government Procurement Service framework. We look forward to working closely with public sector organizations to help them meet future sustainability challenges in these key areas in the coming years."
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 2011 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.