Press Release Jul 2, 2024

Jacobs Awarded Program Manager Owner Advisor Contract at King County South Treatment Plant in Washington State

Potential 12-year contract supports mission to protect public health and the environment

DALLAS, July 2, 2024 /PRNewswire/ -- Jacobs (NYSE:J) was selected to provide program management and consultancy services to support the delivery of more than $800 million in critical infrastructure upgrades for King County Wastewater Treatment Division. Improvements will enhance water quality and system resiliency for approximately two million people in Seattle and across the central Puget Sound region.

Leveraging experience from similar complex infrastructure programs, Jacobs will provide oversight from initiation through design, construction and commissioning for the South Treatment Plant Facility Program. Located in Renton, South Treatment Plant is one of King County's three regional wastewater plants. It treats an average of 115 million gallons of wastewater per day during wet weather and 96 million gallons per day during dry weather. The facility also hosts on-site educational programming and features a 1.5-acre demonstration farm, CitySoil, that produces approximately 4,000 pounds of food annually for a local foodbank.

"The South Treatment Plant Facility Program represents both a cross-generational investment in local Washington state communities and a commitment to preserve water quality throughout the region," said Jacobs Senior Vice President Katus Watson. "With our industry-leading program management team, coupled with our planning, design and construction management resources, we'll provide King County with an ideal mix of delivery experience to bring this important infrastructure program to fruition."

Jacobs' selection builds on a strong relationship and history of partnering with King County to tackle pressing water quality challenges across its infrastructure portfolio, inclusive of 18 cities, 15 local sewer utilities and the Muckleshoot Indian Tribe. In addition to providing program management and consultancy services, Jacobs is also serving as the design engineer for one of the county's first Progressive Design-Build projects which will rehabilitate key sections of the Eastside Interceptor, a major wastewater conveyance pipeline in Bellevue. In 2022, a Jacobs-led team completed the award-winning Georgetown Wet Weather Treatment Station, and a decade ago, Jacobs served as the prime consultant for the Brightwater Treatment Plant, which at the time it was built, was the largest membrane bioreactor in North America.

Ranked as No.1 in Program Management by Engineering News-Record, Jacobs delivers today's most complex, challenging and iconic infrastructure and transformation programs. Jacobs has supported programs like the Port of San Francisco Waterfront Resilience Program, Thames Tideway Tunnel, a significant water infrastructure project in the U.K., and the Central Interceptor, New Zealand's largest-ever wastewater project.

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 $16 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 Facebook, InstagramLinkedIn and X.

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, our plans to spin off and merge with Amentum our Critical Missions Solutions  business and a portion of our Divergent Solutions business in a proposed transaction that is intended to be tax-free to stockholders for U.S. federal income tax purposes, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act and other legislation related to governmental spending, 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 any future pandemic or infectious disease outbreak, 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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