Jacobs Secures New Panel Appointment with Melbourne Water
Jacobs (NYSE:J) has been appointed to Melbourne Water's Engineering Services Panel, becoming one of only two consultants selected. Over an initial three-year term, potentially extendable up to seven years, Jacobs will provide engineering consulting services, including strategic planning and feasibility studies. This partnership aims to enhance project outcomes and address urban challenges such as population growth and climate change. Jacobs, with $13 billion in revenue and over 55,000 employees, seeks to improve water resilience and community livability for Melburnians.
- Jacobs secured a notable partnership with Melbourne Water, enhancing its project portfolio.
- The initial three-year appointment could extend up to seven years, providing long-term revenue potential.
- The partnership enables Jacobs to leverage its global expertise in engineering consulting for water resilience.
- None.
DALLAS, Nov. 10, 2020 /PRNewswire/ -- Jacobs (NYSE:J) has been appointed to Melbourne Water's Engineering Services Panel. One of just two consultants appointed to the panel, Jacobs will deliver engineering consulting services, including strategic planning, feasibility and design services, to Melbourne Water to help deliver better outcomes for projects and customers. The appointment is for an initial three-year period with possible extension for up to seven years.
"Our select appointment to this partnership is testament to both the global capability we bring to the table and the strength of our shared organizational values," said Jacobs People & Places Solutions Executive Vice President Patrick Hill. "We look forward to working closely with Melbourne Water over the coming years as a partner for change, applying our passion and experience to help improve water resilience and further enhance the world-leading livability of the city for all Melburnians."
As challenges from population growth, urbanization and climate change continue to grow, Melbourne Water is engaging with partners who can help them look beyond the status quo for clever solutions that build capacity, enhance sustainability and generate enduring social value for local communities.
"Melbourne Water is very pleased to have Jacobs as a partner to provide engineering services and looks forward to working with them in delivering innovative solutions that drive increased value for our customers and community," said Eamonn Kelly, General Manager, Major Program Delivery.
Melbourne Water manages water supply, sewerage, waterways and drainage assets across the greater Melbourne area. This includes a protected catchment area of 156,700 hectares, supply of 461 billion liters of high-quality drinking water to customers each year, operation of 14 water treatment plants and maintenance of 1067km of water mains. Its services underpin the wellbeing and physical health of the communities it serves and helps make Melbourne a great place to live.
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
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. 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 impact of the COVID-19 pandemic and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our Annual Report on Form 10-K for the year ended September 27, 2019, and in particular 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, and our Quarterly Report on Form 10-Q for the quarter ended June 26, 2020, and in particular the discussions contained under Part I, Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Part II, Item 1 - Legal Proceedings; and Part II, Item 1A - Risk Factors, 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.
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