PASADENA, Calif., Dec. 7, 2010 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE: JEC) announced today that it received a basic
ordering agreement (BOA) to provide design-build services at
EnRoute Facilities for the Federal Aviation Administration
(FAA).
Officials indicated that the maximum BOA value is $271 million for the entire performance period.
The base period of performance begins the date of agreement award
and lasts through sixty months, with two twenty-four-month options.
If both options are exercised, the total performance period is
expected to be nine years.
Jacobs' scope of work for the project includes design-build
services to support the FAA's National Airspace System (NAS) and
Capital Investment Plan (CIP). Design-build services for new and
existing FAA facilities include strategic facilities planning, cost
estimating, construction support, hazardous materials abatement and
related services.
The EnRoute Facilities Planning and Modernization Program
supports operations and service levels through facility life cycle
program management of the nation's 21 Air Route Traffic Control
Centers (ARTCC) and the Combined EnRoute Radar Approach Control
Facilities (CERAPs) at San Juan, Puerto
Rico and Guam.
In making the announcement, Jacobs Group Vice President
Tom McDuffie stated, "Jacobs is
delighted to be selected for this significant contract. We look
forward to supporting the FAA in the design and construction of
facilities that support the nation's air traffic control
system."
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 2010 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:
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Michelle Jones
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626.578.6968
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(Logo:
http://photos.prnewswire.com/prnh/20090109/JACOBSEGLOGO)
SOURCE Jacobs Engineering Group Inc.