PASADENA, Calif.--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today it received a contract to provide analysis and consulting services regarding the U.S. Environmental Protection Agency’s (EPA) finalized regulations on coal combustion residuals (CCR) to City Utilities of Springfield, Missouri.
The contract, with a maximum value of approximately $4.9 million, has a base period of three years followed by two three-year options. Under the terms of the contract, Jacobs is expected to support a comprehensive compliance approach to address landfills and surface impoundments impacted by the new EPA rule. Professional services include site planning, geophysical and environmental investigations, compliance recommendations and development of control plans.
In making the announcement, Jacobs Senior Vice President Aerospace and Technology Ward Johnson said, “Jacobs has been providing environmental services to clients worldwide for the past 35 years, and we have grown to become one of the leading experts in the U.S. in implementing the EPA’s CCR regulations.
“In addition to evaluating, designing and constructing CCR facilities, we have expertise in evaluating the beneficial reuse of CCRs, including opportunities to recycle materials and minimize environmental impacts,” he said.
“We look forward to building a strong relationship with City Utilities and to contributing significant value through this contract based on our extensive CCR knowledge and experience.”
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 2015 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.
