Jacobs Engineering Group Inc.
NYSE : JEC

Jacobs Engineering Group Inc.

August 30, 2005 07:45 ET

Jacobs Receives Watershed Facility and Combined Sewer Overflow Planning Contract Extension

PASADENA, Calif.--(CCNMatthews - Aug 30, 2005) -

Jacobs Engineering Group Inc. (NYSE:JEC) announced today that a subsidiary company was awarded a 1-year contract extension by the Metropolitan St. Louis Sewer District (MSD) to provide system-wide wastewater planning services. MSD is the local municipal agency responsible for managing wastewater and storm water collection and treatment for the City of St. Louis and a large portion of the greater St. Louis County metropolitan area.

Officials disclosed the contract value of the 1-year effort at $6.3 million.

Jacobs is beginning the third year of a multiyear planning contract supporting MSD's long-range master planning program, with increased emphasis in hydraulic modeling and watershed planning, reducing sanitary sewer overflows, and developing a long-term control plan for combined sewer overflows. Jacobs' services include engineering analysis of proposed improvements based on compliance with environmental regulatory requirements, future growth, system efficiency, required expansion, and project priority.

In making the announcement, Jacobs Group Vice President Allyn Taylor stated, "We are pleased to continue our 30-year history of service to MSD by serving as an extension of their staff and planning for the delivery of an estimated $3.7 billion of phased city- and county-wide infrastructure improvements that will benefit residential, commercial, and industrial customers for decades to come."

Jacobs, with over 35,000 employees and revenues exceeding $5.0 billion, provides technical, professional, and construction services globally.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management's best judgement as to what may occur in the future. However, Jacobs' actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Forward-Looking Statements" included in Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations contained in the Company's 2004 Annual Report on Form 10-K.

Contact Information

  • Jacobs Engineering Group Inc.
    Rod Sharp, 626-578-6992