Jacobs Appointed to Christchurch Land Drainage Recovery Programme
June 24 2014 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
was appointed to a three year position on the Land Drainage
Recovery Programme (LDRP) for Christchurch City Council in New
Zealand.
Company officials did not disclose a contract value, but noted
that under the terms of the appointment, Jacobs is participating on
the LDRP for three years.
The LDRP comprises 52 projects that investigate the impacts of
prior earthquakes and assist with flood response planning. The
projects are split into six categories, with the Council
establishing groups of 3-5 consultants for each category. Jacobs is
the only firm selected as a consultant in all six categories.
Christchurch has experienced significant flooding in recent
years that has been exacerbated by prior earthquake damage. The
goal of the LDRP is to understand the effects these earthquakes
have had on the area’s land drainage network of rivers, streams,
overland flow paths and major structures; and to identify options
for repair or adaptation to address flood hazards.
In making the announcement, Jacobs Group Vice President Michael
Shirley stated, “Jacobs is very pleased to extend our close
relationship with Christchurch City Council that was established
through SKM, by becoming a member of the LDRP. We plan to leverage
our extensive global experience and broad capabilities in flood
management, geotechnical engineering and related disciplines to
help respond to the needs of the people of Christchurch.”
As a low-lying city prone to flooding during times of heavy
rain, Christchurch is in the process of recovering from widespread
damage resulting from a major earthquake event in 2011. The area is
experiencing a period of high rainfall not seen since the 1970s;
early in 2014, Christchurch suffered three significant floods
within one month.
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 2013 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.
Jacobs Engineering Group Inc.Michelle Jones, 626-578-6968
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