Jacobs Receives Contract from Metropolitan St. Louis Sewer District
PASADENA, Calif., March 7, 2012 /PRNewswire/ — Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received an award from the Metropolitan St. Louis Sewer District (MSD) to provide professional engineering services for the Lower & Middle River des Peres CSO Controls System Improvements in St. Louis, Mo.
The estimated total construction value is $1 billion. The project is expected to be complete in approximately 2030.
The project is part of the MSD’s CSO Long-Term Control Plan (LTCP) and proposed federal consent decree. It includes design of four primary features: tunnels, high rate treatment systems, pump stations and near surface facilities. This is the most complex and the largest of the projects included in the LTCP and proposed consent decree program. Jacobs is also managing several sub-consultants that are assisting with design.
In making the announcement, Jacobs Group Vice President Kevin McMahon stated, “We are very pleased to work with MSD on this complex project to help meet the proposed consent decree requirements. We look forward to continuing our relationship with them as a highly valued client.”
Jacobs is one of the world’s largest and most diverse providers of technical, professional, and construction services.
Statements made in this release that are not based on historical fact are 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. 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 2011 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 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.