Framework to help optimize future asset
investment programs
Supports the management of water infrastructure
resilience in North West
England
DALLAS, March 18,
2024 /PRNewswire/ -- Jacobs (NYSE: J) has been
selected by United Utilities, one of the U.K.'s largest listed
water companies, to its Strategic Solutions Team (SST) to support
program optimization for major capital works through the asset
management period (AMP8), which runs from 2025 to 2030, and asset
management period 9 (AMP9) which runs from 2030 to 2035.
Working with United Utilities and its construction delivery
partners, Jacobs will drive program and asset optimization, value
engineering, innovation and standardization across the water
company's existing and new asset base – developing efficient,
integrated solutions and recommending preferred options based on
best value, lowest carbon and cost. Jacobs' technical services will
range from feasibility and value management studies, commercial
modeling, business case development, design and digital
engineering, to whole life cost, best value assessments and
more.
United Utilities values the total framework agreement at
approximately $211 million over the
base contract period of six years with a five-year extension
option.
"This appointment extends our long-term relationship with United
Utilities to more than 20 years, reinforcing our position as their
trusted advisor," said Jacobs Senior Vice President Kate Kenny. "Taking a program level, holistic
approach to asset base optimization is critical to challenging
norms and devising strategic water solutions to deliver customer
and environmental benefits in the North West of England."
United Utilities provides water and wastewater services to
around seven million people in the North West of England supplying three million households and
200,000 business premises.
Jacobs has supported United Utilities on the current engineering
services framework for the past 10 years, providing a wide range of
services from strategic studies and business planning through to
asset optimization, project and program management – working
together to ensure the resilience of critical assets such as the
Haweswater Aqueduct. United Utilities implemented a Dynamic Network
Management approach, powered by Jacobs' Aqua DNA—a Digital OneWater
solution that collects live data and enhances wastewater network
performance using smart sensors and AI-driven predictive
analytics—to proactively address challenges and prevent
issues. Jacobs has also supported United Utilities with
successful submissions in Ofwat's (the Water Services Regulation
Authority for England and
Wales) past and most recent
innovation competition, Water Breakthrough Challenge 3.
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 approximately $16 billion
in annual revenue and a talent force of more than 60,000, 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, Instagram, LinkedIn and
X.
Certain statements contained in this press release constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that do not directly relate to any
historical or current fact. 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, our plans to spin off and merge with Amentum
our Critical Missions Solutions business and a portion of our
Divergent Solutions business in a proposed transaction that is
intended to be tax-free to stockholders for U.S. federal income tax
purposes, the timing of the award of projects and funding and
potential changes to the amounts provided for under the
Infrastructure Investment and Jobs Act and other legislation
related to governmental spending, as well as general economic
conditions, including inflation and the actions taken by monetary
authorities in response to inflation, changes in interest rates and
foreign currency exchange rates, changes in capital markets, the
possibility of a recession or economic downturn, geopolitical
events and conflicts, and the impact of any future pandemic or
infectious disease outbreak, including the related reaction of
governments on global and regional market conditions, 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:
media@jacobs.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/jacobs-appointed-to-uks-united-utilities-strategic-solutions-framework-until-2035-302089784.html
SOURCE Jacobs