Jacobs Awarded Framework Agreement from UK’s Office for Nuclear Regulation

PASADENA, Calif.--()--Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it has been awarded a five year framework agreement to provide technical support to the U.K.’s Office for Nuclear Regulation (ONR).

Company officials did not disclose the contract value.

Under the terms of the agreement, Jacobs is supporting the ONR in its program of work relating to the safe operation of existing UK licensed nuclear facilities and the safety assessment of future facilities, including new reactor designs. Jacobs is providing technical support in the areas of civil engineering, internal and external hazards, radwaste and decommissioning.

Jacobs Group Vice President Conor Doyle stated, “We have extensive experience delivering complex and highly regulated projects across the entire nuclear life cycle. Our technical reach back enables us to provide significant nuclear capability in support of ONR’s program.”

Established in April 2011, the Office for Nuclear Regulation is an independent statutory corporation responsible for all nuclear sector regulation across the UK.

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

Release Summary

Jacobs was awarded a five-year framework agreement to provide technical support to the UK's Office for Nuclear Regulation.

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Contacts

Jacobs Engineering Group Inc.
Michelle Jones, 626.578.6968