PASADENA, Calif., Aug. 11 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a framework contract from Buying Solutions to provide project management and full design skills for public sector clients in the United Kingdom. Buying Solutions, a government body in the UK, is charged with the procurement of goods and services to assist the public sector in the delivery of a wide range of construction projects, improving efficiency and reducing costs.
The framework agreement brings together project management, design and technical services to publicly funded organizations such as government departments, national health services, local education authorities, regional and local councils, and emergency services. Buying Solutions will manage the framework for four years.
In making the announcement, Jacobs Group Vice President Allyn Taylor stated, "We are delighted to continue our relationship with Buying Solutions with this flagship framework. The framework covers a wide range of work and clients across the public sector, and we very much look forward to developing new and strong relationships through this framework."
Buying Solutions stated, "We are delighted that the suppliers to our new Project Management and Full Design Team Services collaborative framework agreement have satisfied the rigor and exacting demands of our assessment process. We have no doubt that they will provide excellent levels of support and value for our customers' money over the life of the framework agreement."
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