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JACOBS ENGINEERING NAMED PARTICIPANT IN DOE'S ENVIRONMENTAL CLEANUP AT FERNALD

 JACOBS ENGINEERING NAMED PARTICIPANT
 IN DOE'S ENVIRONMENTAL CLEANUP AT FERNALD
 PASADENA, Calif., Aug. 11 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: JEC) confirmed today that it has been selected by the Department of Energy to participate in the environmental cleanup of DOE's former uranium production facilities in Fernald, Ohio. The initial five-year, cost-reimbursable contract is valued at approximately $2.2 billion with an option for an additional three years valued at $1.8 billion.
 Jacobs is a principal subcontractor and part of the fully integrated Fluor Daniel Environmental Restoration Management Corporation (FERMCO), a Fluor Daniel Inc. subsidiary. Halliburton NUS and Nuclear Fuel Services are additional subcontractors in this effort. The FERMCO project team will begin mobilization immediately. Full site responsibilities will be assumed from the current operating contractor on Dec. 1, 1992.
 Noel Watson, president and chief operating officer of Jacobs Engineering, said, "We are extremely pleased that the DOE selected our team to lead this major restoration effort. As a participant in numerous clean up programs for the government, we have a top-notch management and technical team mobilized to tackle this environmental restoration effort." Watson noted that this is the culmination of a decade-long, focused effort to serve the federal government in environmental remediation.
 Jacobs is participating in several major DOE environmental restoration projects at sites contaminated with radioactive materials, including the Uranium Mill Tailings Remedial Action Project and the Weldon Spring Site Remedial Action Project. Jacobs was recently rated as the third largest hazardous waste contractor in the United States.
 The FERMCO team will have the overall responsibility for managing the environmental restoration activities at Fernald. In addition, the team will conduct studies of the site and surrounding areas to determine the nature and extent of contamination, supervise engineering design efforts in support of environmental restoration, and pursue related technology development efforts.
 Fernald, a 1,050-acre facility located 17 miles northwest of Cincinnati, processed uranium from 1953 through 1988 for use in nuclear armament and plutonium production reactors. It is one of 16 other nuclear-production related DOE facilities located throughout the United States.
 Jacobs Engineering Group, headquartered in Pasadena, provides single-source consulting, engineering, design, architectural, environmental and hazardous waste management, procurement, construction, construction management, contract maintenance and operations services to government and industry worldwide. Jacobs has 23 offices located throughout the United States and Ireland with a major office in Cincinnati.
 -0- 8/11/92
 /CONTACT: Robert Clement of Jacobs Engineering at 818-578-6902/
 (JEC) CO: Jacobs Engineering Group Inc. ST: California, Ohio IN: CST SU: CON


LS -- LA039 -- 9193 08/11/92 22:13 EDT
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Publication:PR Newswire
Date:Aug 11, 1992
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