Printer Friendly

Jacobs Receives London Borough of Havering Contracts.

PASADENA, Calif., Dec. 11 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. announced today that it received two important term contracts to partner with the in-house teams of the London Borough of Havering to deliver highways and building programs.

The two contracts, which will run in parallel for up to 10 years with an opportunity for extension, will begin in January 2008. The value is not determined, but is estimated to be from pounds sterling 12 million and pounds sterling 20 million over the ten-year period.

Havering is a large outer-London borough, the second biggest by area, with a population of almost a quarter of a million people. Stretching eastward from the fringes of Docklands to the green belt in the Essex countryside, it has a three-mile river frontage on the Thames Estuary.

With such variety within its boundaries, the Borough faces many challenges in sustainable transport and the upkeep of its property assets -- particularly schools, regeneration, and economic development -- and has exciting plans to maintain and improve the quality of life in Havering.

Similar to its contract with North Yorkshire, Jacobs will add value to the Borough by using an integrated approach to performing the two contracts, with a strong emphasis on co-location with Havering's teams. Mobilization is already starting with some priority projects coming forward for early action.

In making the announcement, Jacobs Group Vice President Michael Higgins said, "We are delighted to be appointed to work with Havering on two critical service areas where our wide experience adds value to the Borough's own teams and produces integrated delivery to the local communities. This award further strengthens our position in London's public service sector."

Councillor Paul Rochford, Havering's Lead Member for Environmental & Technical Services confirmed, "The London Borough of Havering is pleased to award these contracts to a company of Jacobs calibre and we look forward to them working alongside our own staff to deliver high quality, cost-effective technical services for the benefit of our residents over the coming years."

Jacobs, with over 52,000 employees and revenues exceeding $8.0 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 2006 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 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


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

Web site:
COPYRIGHT 2007 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Geographic Code:4EUUK
Date:Dec 11, 2007
Previous Article:Jacobs Receives Contract from Network Rail for the Provision of Design Services for Blackfriars Station.
Next Article:New NanoMarkets Report Projects a $26.2 Billion Disposable Electronics Market by 2015.

Related Articles
Jacobs Receives London Borough of Barking and Dagenham Council Contract.
Jacobs Receives Multidisciplinary Contract With London Fire and Emergency Planning Authority.
Jacobs Receives Network Rail Design Framework Contract.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters