Jacobs Receives Contract from Naval Facilities Engineering Command Midwest

Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was selected by the Naval Facilities Engineering Command Midwest (NAVFAC MW) to provide architecture and engineering services for a variety of NAVFAC MW and U.S. Marine Corps Forces Reserve (MARFORRES) projects.

The five year Firm Fixed Price Indefinite Quantity contract value has a maximum order limit of $30 million.

Under the terms of the contract, Jacobs is preparing design-build Requests for Proposals as well as design-bid-build documents; and is delivering asset management services such as Geographic Information Systems, mapping, facilities planning and real estate. Jacobs’ scope of work may also include professional surveying, geotechnical investigations and environmental surveys and studies for projects within the NAVFAC MW and MARFORRES Command area of responsibility, which spans the United States.

In making the announcement, Jacobs Group Vice President Tom McDuffie stated, “We are pleased to be able to leverage our worldwide experience in architectural and engineering services to deliver value to the Navy Region Midwest and the U.S. Marine Corps Forces Reserve as we support them in achieving their facilities goals.”

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 2013 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.

Contacts:

Jacobs Engineering Group Inc.
Michelle Jones, 626-578-6968

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.