Press Release Sep 13, 2023

Jacobs Awarded Connecticut Water Treatment Plant Contract

Leverages digital solutions to expand services and enhance water treatment processes

DALLAS, Sept. 13, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected to operate and maintain The City of Waterbury, Connecticut's 38 million gallon-per-day (mgd) conventional surface water treatment plant. The City estimates the ten-year contract value at $25 million inclusive of engineering services and support for improvements to the overall facility, sludge system, water quality lab and treatment process.

Jacobs began full operations and maintenance of the plant in July 2023 and will improve the digital maintenance management through supervisory control and data acquisition (SCADA) and telemetry systems as part of the contract. Additionally, enhanced treatment will be achieved through upgrades to the chemical dosing system, water filtration and sludge handling facilities.

"Jacobs has spent decades building our reputation as a leader in water and our programmatic delivery model, inclusive of consulting, engineering, operations, maintenance and intelligent technology applications, provides a comprehensive service to clients," said Jacobs Vice President, Operations, Maintenance, Facility Services and Design-Build Greg Fischer. "More importantly, it benefits consumers by allowing the City to provide enhanced water quality, more reliably and at less cost."

Jacobs has operated the City of Waterbury's 27-mgd wastewater treatment facility for five years. Collectively, the plants provide water and wastewater service to 125,000 Connecticut residents in Thomaston, Waterbury, Wolcott and Watertown.

"Jacobs provided a team-oriented approach, utilizing their professional expertise and including their field staff to form our partnership," said City of Waterbury Superintendent of Water Rob Langenauer. "Their vision for long-term success provides value-added services and savings to the city by using their vast resources and, more importantly, providing the safest, highest-quality drinking water for our customers."

Ranked as No.1 in Wastewater Treatment by Engineering News-Record, Jacobs provides solutions that help conserve water, optimize clients' operations and reduce their energy and carbon footprint. Jacobs has supported projects like the Thames Tideway Tunnel, the largest water infrastructure project ever undertaken in the U.K., Central Interceptor, New Zealand's largest-ever wastewater project, Singapore's Tuas Water Reclamation Plant and the Pure Water Project in California.

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $15 billion in annual revenue and a talent force of more than 60,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit and connect with Jacobs on FacebookInstagramLinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify 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 including, but not limited to, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act, as well as general economic conditions, including inflation and the actions taken by monetary authorities in response to inflation, changes in interest rates and foreign currency exchange rates, changes in capital markets, the possibility of a recession or economic downturn, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see 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 in our most recently filed Annual Report on Form 10-K, and  Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, 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.

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