Framework to increase the resiliency and capacity
needed in the electricity transmission network
Supports UK efforts to meet net-zero and
decarbonization commitments
DALLAS, Oct. 4, 2022
/PRNewswire/ -- Jacobs (NYSE:J) was awarded the Design &
Project Services Framework with energy utility National
Grid in the U.K. to support their full construction of the
Electricity and Gas Transmission cycle.
Through the new four-year framework, Jacobs will provide
feasibility and survey works, front-end conceptual and detailed
design, through to assurance, verification and commissioning
services. The framework covers 10 Lots across all National Grid's
Transmission portfolio, including substations, overhead lines,
onshore cables, high-voltage direct current (HVDC), protection
control & cyber, gas, civils, multi-disciplinary design
services, project services and design assurance.
"These services extend Jacobs' 15-year relationship with
National Grid and our continued commitment to challenge design
rationale and drive programmatic and collaborative solutions to
maximize project efficiencies," said Jacobs People & Places
Solutions Senior Vice President Europe and Digital Strategies
Donald Morrison. "We will draw upon our transferable global
experience to help develop, reinforce and accommodate new
connections to the U.K. Electricity and Gas Transmission
System."
The Jacobs/Morrison Energy Services Joint Venture (J1M) is also
providing National Grid with a range of services on its Electricity
Transmission Engineering Procurement Construction Framework -
Substations Lot.
From technical consultancy and engineering design, to
infrastructure management services and operations and maintenance,
Jacobs is providing extensive end-to-end solutions for offshore
wind power development efforts — like Germany's SuedLink Program — to help meet
the increasing global demand for affordable clean energy. Jacobs is
also looking at the feasibility of the production and supply
of green hydrogen for renewable energy company RWE's Pembroke Power
Station.
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, Instagram, LinkedIn 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
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SOURCE Jacobs