Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded a Technical Consultancy Agreement from EDF Energy Nuclear Generation Limited to support its power station projects in the United Kingdom.
Officials did not disclose the contract value, however noted that the agreement is in effect through the end of December 2015.
Under the terms of the contract, Jacobs is providing technical consultancy, engineering and design services spanning civil, structural, mechanical, electrical control and instrumentation, process, safety, and environmental disciplines for a range of projects across EDF Energy’s nuclear power station portfolio in the UK.
Jacobs Group Vice President Conor Doyle stated, “As a member of EDF Energy Nuclear Generation’s Project Delivery Alliance, Jacobs has developed a strong working knowledge of EDF Energy’s nuclear power stations in the UK. We are very pleased to have the opportunity to apply the insights we have gained as we continue our strong relationship with EDF Energy Nuclear Generation by providing technical support to their UK nuclear investment program.”With more than fifty years’ experience across the complete nuclear asset lifecycle, Jacobs supports a wide range of independent nuclear power facilities and projects, and their associated infrastructure requirements. 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 2012 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.
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