PASADENA, Calif., July 15 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a consultancy services framework contract from the Dover Harbour Board to provide engineering and construction services at Dover Port, U.K.
Officials did not disclose the value of the three-year contract that has the option for two additional one-year extensions.
Jacobs has been working at Dover Port for the last ten years on a variety of highway-related projects. Under the new framework, Jacobs will support the continued success and growth of Dover Port which has just experienced its most successful year with revenues reaching 57.7 million pounds Sterling. Jacobs will supplement Dover's in-house team to provide a wide range of consultancy services including project and cost management, civil, structural, and maritime engineering.
In making the announcement, Jacobs Group Vice President Michael Higgins said, "We are delighted to have been awarded this contact and the opportunity to continue our long standing relationship with Dover Harbour Board. This award provides an excellent opportunity for us to further develop our national and global port framework expertise and local capability within the Kent area."
Jacobs, with over 55,000 employees and revenues exceeding $9.0 billion, provides technical, professional, and construction services globally.
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 2007 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