DALLAS, May 29, 2019 /PRNewswire/ -- Jacobs
(NYSE:JEC) has been awarded a four-year framework agreement by
Dounreay Site Restoration Limited (DSRL) to provide decommissioning
services. Located in Caithness County, Scotland, the Dounreay site is one of the most
complex nuclear decommissioning programs in Europe, with extensive remediation activities
underway to return the former nuclear energy testing site to as
near its original condition as possible.
The construction of a size reduction facility, shaft and silo
decommissioning and demolition of historic active laboratories are
just some of the major projects expected to be delivered as part of
the decommissioning services framework, which DSRL estimates is
worth up to $500 million (£400M).
The framework, spanning four years with potential extensions of
up to three years, has been awarded to six organisations. It
enables DSRL to take the site into a new phase of decommissioning
when historic wastes from the shaft, silo and low-level waste pits
are due to be retrieved, repackaged and consigned to modern waste
facilities.
"This is a complex and significant program of work which is
central to our shared vision with DSRL to make the site and
surrounding area safe and clean for future generations," said
Jacobs Aerospace, Technology and Nuclear International Senior Vice
President and General Manager Pete
Lutwyche. "Harnessing our 24 years' experience providing
full life-cycle nuclear decommissioning and program management
solutions at Dounreay, we continue to work closely with the local
community to draw on their expertise."
The Dounreay site was the U.K.'s center of fast reactor research
and development of nuclear energy from 1955 until 1994 and is now
Scotland's largest nuclear
clean-up and demolition project. The experimental nature of many of
its redundant facilities means the clean-up and demolition requires
innovative techniques and solutions as well as great care to
achieve decommissioning as safely and efficiently as possible. DSRL
is responsible for managing the chemical and radiological hazards
at Dounreay in a way that protects people and the environment,
investing a great deal of effort in its systems and practices to
ensure operations are conducted safely.
Jacobs leads the global professional services sector delivering
solutions for a more connected, sustainable world. With
approximately $12 billion in revenue
and a talent force of more than 50,000, 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.
Certain statements contained in this press release constitute
forward-looking statements as such term is defined in Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and such statements
are intended to be covered by the safe harbor provided by the same.
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 additional factors that may occur that
could cause actual results to differ from our forward-looking
statements see our Annual Report on Form 10-K for the year ended
September 28, 2018, and in particular
the discussions contained under Item 1 - Business; Item 1A - Risk
Factors; Item 3 - Legal Proceedings; and Item 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations, and our Quarterly Report on Form 10-Q for the quarter
ended March 29, 2019, and in
particular the discussions contained under Part I, Item 2 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations; Part II, Item 1 - Legal Proceedings; and
Part II, Item 1A - Risk Factors, as well as the Company's other
filings with the Securities and Exchange Commission. The Company is
not under any duty to update any of the forward-looking statements
after the date of this press release to conform to actual results,
except as required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
Brian Morandi
720.286.0719
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SOURCE Jacobs