DALLAS, May 31, 2018 /PRNewswire/ -- Jacobs
Engineering Group Inc. (NYSE:JEC), in a joint venture with CDM
Smith, has been awarded a $65M
one-year contract with a $35M
six-month option to provide the Federal Emergency Management Agency
(FEMA) public assistance recovery operations, construction and
project management and technical support services for Puerto Rico in response to Hurricane
Maria.
Jacobs will support FEMA with construction and project
management support to conduct site visits and damage assessments of
important infrastructure. The company will collaborate with the
Government of Puerto Rico and
other stakeholders to develop scopes of work and cost estimates for
restoring damaged infrastructure and providing cost-effective
hazard mitigation measures.
"We will be working in coordination with FEMA and the community
to support the rebuild of Puerto
Rico's critical infrastructure," said Jacobs Global
Environmental Solutions Senior Vice President Jan Walstrom. "Helping families, communities,
schools and businesses return to normalcy is very rewarding and we
are grateful for the opportunity to support this important
task."
Since November 2017, Jacobs has
been delivering on three task orders to support FEMA's mission on
several critical grant programs focused on infrastructure projects,
housing inspections and other related professional services for the
hurricane recovery efforts on St. Croix, St. Thomas and St. John.
This contract award supports Jacobs' strategy to be a comprehensive
solutions provider to national governments on critical programs and
allows for recovery work on the islands at least through
April 2019.
Jacobs leads the global professional services sector delivering
solutions for a more connected, sustainable world. With
$15 billion in fiscal 2017 revenue
when combined with full-year CH2M revenues and a talent force of
more than 77,000, Jacobs provides a full spectrum of services
including scientific, technical, professional and construction- and
program-management for business, industrial, commercial, government
and infrastructure sectors. For more information, visit
www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter,
Facebook and Instagram.
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 Form 10-K for the year ended September 29, 2017, 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.
For press/media inquiries:
Kerrie Sparks
214.583.8433
Brian Morandi
720.286.0719
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SOURCE Jacobs Engineering Group Inc.