Jacobs Receives Contract from Hong Kong SAR Government
August 19 2014 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
has been awarded a contract from the Civil Engineering and
Development Department of the Government of the Hong Kong Special
Administrative Region to provide managing and operating services
for the Public Works Regional Laboratory (PWRL) in Tai Po, Hong
Kong. This contract replaces Jacobs’ previous contract that was
awarded in 2011.
Under the terms of the contract, Jacobs is managing and
operating the PWRL (Tai Po) for a period of four years. At the
laboratory, Jacobs staff provides construction materials compliance
testing services to support public works projects. In addition to
the laboratory in Tai Po, Jacobs is currently providing management
and operating services for another laboratory in Siu Ho Wan.
In making the announcement, Jacobs Group Vice President Kevin
McMahon stated, “We are delighted to receive this contract. Our
vast experience in providing testing services, plus the intimate
knowledge we have acquired in Tai Po and Siu Ho Wan and the high
standard of performance we have achieved working with the PWRL,
enable us to continue adding value as we support the laboratory’s
objectives to best serve the people of 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 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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