• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Jacobs Receives Contract From San Luis Obispo County Flood Control and Water Conservation District

Posted on: Tuesday, 5 December 2006, 09:00 CST

PASADENA, Calif., Dec. 5 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. announced today that a subsidiary company received a construction management (CM) contract for the $180 million Nacimiento Water Project from the San Luis Obispo County Flood Control and Water Conservation District in California.

Company officials did not disclose the contract value.

Jacobs will furnish professional CM services through June 30, 2011 overseeing the performance of independent construction contractors to accomplish the portfolio of projects described in the effort. The Nacimiento Water Project is a regional conveyance facility to deliver up to 15,750 acre feet-per-year of raw water from Lake Nacimiento to communities throughout San Luis Obispo County. The project includes approximately 45 miles of pipe ranging from 12-inches to 36 inches in diameter, three water storage tanks, three pump stations, an intake facility at Nacimiento Lake, and appurtenances.

In making the announcement, Jacobs Group Vice President Allyn Taylor stated, "We are excited to partner with San Luis Obispo County to help implement their Nacimiento Water Project that will serve the future water needs of area communities."

Jacobs, with over 44,000 employees and revenues exceeding $7.0 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 2005 Form 10-K, and in particular the discussions contained under Items 1 - Business, 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: Mary Bloom 626.578.6992 (Logo: http://www.newscom.com/cgi-bin/prnh/20051021/LAJACOBSEGLOGO )

Photo: http://www.newscom.com/cgi-bin/prnh/20051021/LAJACOBSEGLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com

Jacobs Engineering Group Inc.

CONTACT: Mary Bloom for Jacobs Engineering Group Inc., +1-626-578-6992

Web site: http://www.jacobs.com/

Source: PRNewswire-FirstCall

More News in this Category