Jacobs Receives Contract from Hong Kong Special Administration Region
September 17 2013 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
received a contract from the Government of the Hong Kong Special
Administrative Region’s Civil Engineering and Development
Department (CEDD) to provide services for its Landslip Prevention
and Mitigation Program.
Company officials did not disclose the contract value.
The CEDD’s Landslip Prevention and Mitigation Program seeks to
manage landslide risks associated with both natural hillside
catchments and man-made slopes.
Under the terms of the contract, Jacobs is providing studies,
detailed design and tender supervision for hazard mitigation works
on natural terrain hillside catchments. Jacobs’ scope of work also
includes stability assessment and detailed design for upgrade works
on man-made slopes in the public sector and stability assessment of
man-made slopes in the private sector.
Jacobs Group Vice President Tom Quinn said, “Our relationship
with CEDD on its landslip preventive measures program extends to
almost 20 years since the inception of the program in 1995. We are
pleased to continue to support CEDD with this important program
seeking to contain landslip risks in Hong Kong.”
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 2012 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.
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