DALLAS, Nov. 15, 2018 /PRNewswire/ -- Jacobs
Engineering Group Inc. (NYSE:JEC) will operate, maintain and
optimize wastewater systems under a 10-year contract with the
City of Waterbury in Connecticut. Jacobs will assume responsibility
for the city's water pollution control plant, collection system and
related utilities in November.
The city estimates the contract value at $62 million and projects a savings of up to
$12.7 million over its previous
operating model. Waterbury
considered several options after sewer overflows in late 2017
impacted the Naugatuck River and watershed. City officials opted to
seek the support of an industry-leading operator and
technical-services provider to execute a strategy that combines
operations and asset management with technical services, planning
and extensive support from regional resources.
"Given Jacobs' extensive operations and asset management
experience, we plan to leverage our knowledge in these areas to
help Waterbury manage its
utilities effectively as equipment ages, regulations tighten and
other challenges arise," said Jacobs Vice President of Operations
Management and Facilities Services Steve Meininger. "Waterbury chose Jacobs because our proposed
operating team assessed the city's wastewater facilities and
developed a whole-program approach to utility operations."
Waterbury retains ownership and
decision-making authority for its 27-million-gallon-per-day
facility, sewer collection system and pumping equipment. Jacobs'
project approach is structured to monitor treatment processes and
equipment closely, apply proactive maintenance practices and train
and support operations staff. The operating plan includes upgrades,
treatment process adjustments and long-term facility planning.
Waterbury also will benefit from
Jacobs' substantial experience in emergency response planning and
incident mitigation.
"The Naugatuck River is an environmental asset and a key element
of our city's identity and economy. We intend to do everything in
our power to protect it," said Waterbury Mayor Neil
O'Leary. "With this partnership, we are confident that the
city is being put in the best possible position to prevent future
incidents and keep our community water sources vibrant for years to
come."
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.