Press Release Oct 2, 2018

Jacobs Secures New Framework Agreements on Dounreay Decommissioning Program

Supporting one of Europe's most complex nuclear decommissioning projects

DALLAS, Oct. 2, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) has been awarded two four-year framework agreements by Dounreay Site Remediation Limited (DSRL) to provide design and engineering services, and safety case production and peer review 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 site to as near its original condition as possible.

"Building on our 23 years' experience providing full life-cycle solutions at Dounreay, Jacobs is an industry leader in nuclear decommissioning and program management with an established profile of working in the local community," said Jacobs Aerospace, Technology, Environmental and Nuclear International Senior Vice President Pete Lutwyche. "We will continue to leverage our experience to support our shared vision with DSRL to make the site and surrounding area safe and clean for future generations."

Jacobs is one of six companies eligible to tender under both framework agreements. The scope of work under the $15–19 million (£12–15 million) design and engineering services agreement includes: design, construction management, specialist engineering services, environmental restoration, software modelling, commissioning support services and the development of waste strategy documents for DSRL. The safety case and peer review framework will see between $10–13 million (£8–10 million) of work delivered through the agreement and will include various levels of detailed safety reporting, radiation and fire assessments, as well as in-depth reviews of site safety and compliance.

DSRL will see the removal of the site's nuclear legacy into an eventual end state of greenfield land. 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 innovation as well as great care. 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 $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 LinkedInTwitterFacebook 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.