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Jacobs Selected for Northern Ireland Water's Major Project Partnership Framework

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Jacobs (NYSE:J) has been appointed as a design consultant for Northern Ireland Water's Major Project Partnership Framework, which aims to manage a $1.5 billion capital program for water and wastewater projects. This framework will cover vital upgrades, including the Belfast Wastewater Treatment Works, and will last for four years with an option for extension. Jacobs aims to enhance essential water and sanitation services for approximately 840,000 households in Northern Ireland, leveraging its extensive experience in similar projects across the U.K.

Positive
  • Awarded a significant contract worth $1.5 billion for water and wastewater infrastructure improvements.
  • Collaboration with Northern Ireland Water to enhance essential services for around 840,000 households.
Negative
  • None.

Providing design services as part of $1.5 billion water and wastewater capital program

Key projects to support future resilience of essential water and wastewater infrastructure

DALLAS, Aug. 24, 2022 /PRNewswire/ -- Jacobs (NYSE:J) has been selected as a design consultant for Northern Ireland Water's (NI Water) Major Project Partnership Framework, which will deliver large-scale water and wastewater projects across Northern Ireland. 

The framework will deliver individual capital projects, including upgrades to major water and wastewater treatment plants, pumping stations and network mains. One of the first major projects to be delivered under the framework will be vital upgrades at Belfast Wastewater Treatment Works, expected to commence this year, to provide much needed additional and secure capacity. The framework will run for an initial four-year period, with the option to extend for an additional four years.

"Jacobs has supported clients in the U.K. with major water and wastewater solutions for decades and these NI Water projects will make a real difference to people's daily lives," said Jacobs People & Places Solutions Senior Vice President Europe Donald Morrison. "Together with our framework partners, we'll design resilient, sustainable infrastructure to provide essential water and sanitation services to communities and businesses in Northern Ireland."

NI Water provides water and sewerage services to approximately 840,000 households and businesses in Northern Ireland.

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, InstagramLinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify 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. including, but not limited to, the timing of the award of projects and funding under the Infrastructure Investment and Jobs Act, as well as general economic conditions, including inflation and the actions taken by monetary authorities in response to inflation, changes in interest rates, foreign currency exchange rates, changes in capital markets, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions and the company's business, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, ,and  Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

For press/media inquiries:
Kerrie Sparks
214.583.8433

Jacobs Logo (PRNewsfoto/Jacobs)

 

 

 

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SOURCE Jacobs

FAQ

What is Jacobs' contract with Northern Ireland Water?

Jacobs has been selected as a design consultant for Northern Ireland Water's Major Project Partnership Framework, managing a $1.5 billion capital program.

How will the Jacobs contract impact Northern Ireland?

The contract will support vital upgrades to water and wastewater infrastructure, improving services for approximately 840,000 households.

What are the financial expectations from the Jacobs contract?

The contract involves managing projects worth $1.5 billion, enhancing Jacobs' revenue streams through these large-scale infrastructure projects.

How long will Jacobs manage the Northern Ireland Water projects?

The framework is set for an initial four-year period, with the option to extend for an additional four years.

When is the first project under Jacobs' contract expected to start?

The first significant project, vital upgrades at Belfast Wastewater Treatment Works, is expected to commence this year.

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