PASADENA, Calif., June 16 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it negotiated an Indefinite-Delivery, Indefinite-Quantity (IDIQ) contract with the U.S. Army Corps of Engineers (USACE) - Rock Island District to provide regional multi-discipline architect-engineer services.
This contract has a base period not to exceed one year and four one-year option periods, for a total IDIQ value not to exceed $12 million.
As a regional contract, services cover work for the USACE - Rock Island, St. Louis, and St. Paul districts. The work per scope of task orders involves three broad areas: Inland Marine Transportation System - locks and dams, channel, and harbor projects; Flood Damage Reduction - levee, floodway and channel projects; and Other Civil Works Projects such as recreational trails, ecosystem restoration, dredging, parking lots, roadways, security fencing, buildings, erosion protection, landscaping, and water/wastewater structures. Jacobs' services may include structural, civil, geotechnical, hydraulic, mechanical, and electrical engineering, plus architecture, landscape architecture, cost engineering, and specification writing.
In making the announcement, Jacobs Group Vice President Kevin McMahon stated, "Since 1938 we have assisted the U.S. Army Corps of Engineers in upgrading our nation's inland waterways and infrastructure. We are excited about the opportunity to continue this relationship and to help our country improve its infrastructure."
Jacobs, with annual revenues exceeding $12 billion, is one of the world's largest and most diverse providers of technical, professional, and construction services.
Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in 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 2008 Form 10-K, 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 also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.
For additional information, contact:
Michelle Jones
626.578.6968
SOURCE Jacobs Engineering Group Inc.
Web Site: http://www.jacobs.com