Jacobs Awarded $350M Environmental Restoration Contract
November 23 2016 - 7:45AM
Business Wire
Win continues Jacobs’ 12 years of work with New
Bedford Harbor Superfund Site
Jacobs Engineering Group Inc. (NYSE:JEC) has received a
single-award contract from the U.S. Army Corps of Engineers New
England District (USACE NAE) to provide environmental remediation
and restoration, technical support and facility maintenance at the
New Bedford Harbor Superfund Site (NBHSS) in New Bedford, MA.
Jacobs has supported NAE in this capacity at the site since early
2004.
The indefinite delivery/indefinite quantity (ID/IQ) remedial
action contract has a capacity value of $350 million.
“With our in-depth understanding of cleanup objectives from more
than 12 years of effectively handling NBHSS’ unique conditions and
challenges, we’re pleased to be working with USACE NAE to complete
the next phase of harbor remediation,” said Jacobs Senior Vice
President Aerospace and Technology Ward Johnson. “We expect the
technical and management approaches used by our team will enable
the site to meet the final cleanup objectives cost effectively and
in a reasonable timeframe.”
New Bedford Harbor, home to a large commercial fishing fleet, is
one of the oldest recreational and commercial navigation harbors
along the East Coast of the United States. The USACE was requested
by the US Environmental Protection Agency (EPA) to clean up
PCB-contaminated sediments from the harbor. The contamination is
the result of waste discharged from the 1940s through the 1970s by
two electrical capacitor manufacturing plants. The USACE has been
supporting EPA on this project since the mid-1980s.
Jacobs is one of the world’s largest and most diverse providers
of full-spectrum technical, professional and construction services
for industrial, commercial and government organizations globally.
The company employs over 54,000 people and operates in more than 25
countries around the world. For more information, visit
www.jacobs.com.
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 2015 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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Jacobs Engineering Group Inc.Salim Rahimi, 214-583-8428
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