PASADENA, Calif., Jan. 18, 2011 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE: JEC) announced today that it received an award
from Los Angeles World Airports (LAWA) to provide facilities
management implementation support services.
Officials did not disclose the contract value.
The scope of the contract includes services provided as part of
an integrated team to assist and support the development of a
facilities management program to ensure LAWA exemplifies best
facilities management and business practices. These best practices
are to be applied to meet LAWA's facilities management needs at
Los Angeles International Airport
(LAX), LA/Ontario International
Airport (LA/ONT), Van Nuys Airport (VNY), as well as property in
and around Palmdale, Calif.
LAWA has a multi-billion-dollar portfolio of existing facilities
at various stages of deterioration with significant
renewal/replacement requirements. LAWA is investing extensively in
new facilities to accommodate new large aircraft and to improve the
customer experience.
Jacobs' responsibilities include assisting LAWA in defining and
implementing a phased facilities management program applied to the
entire portfolio of assets to provide LAWA with a systematic
approach for acquiring, managing, operating, investing in and
evaluating their facilities that is cost-effective, reliable and
sustainable. The facilities management program is expected to help
maximize the value of new assets being developed at Los Angeles International Airport. To
achieve this goal, Jacobs will work with LAWA staff to integrate
people, processes and technologies to optimize the value of
facilities through their life cycles from planning, design and
construction, to operations and maintenance, renewal and,
ultimately, disposal.
In making the announcement, Jacobs Group Vice President
Tom McDuffie stated, "We are very
pleased to continue our relationship with Los Angeles World
Airports, and we look forward to supporting them on such a
significant project."
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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http://photos.prnewswire.com/prnh/20090109/JACOBSEGLOGO)
SOURCE Jacobs Engineering Group Inc.