Jacobs Confirmed in Framework for Decommissioning Work with Sellafield Ltd
By Business Wire News
By Business Wire News
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded one of four positions on Lot 1 of the decommissioning delivery partnership (DDP) to provide multi-disciplined site remediation and decommissioning services at Sellafield Ltd in the United Kingdom. The ten-year framework agreement for Lot 1 enables Jacobs (as part of the CNSL joint venture with James Fisher Nuclear Ltd, Westinghouse Electric Company, Shepley Engineers Ltd, WYG and REACT Engineering Ltd.) to work collaboratively with Sellafield Ltd to provide a strategic approach to project and program planning and delivery.
Working as part of an integrated team with Sellafield Ltd, the joint venture is providing asset care, nuclear decommissioning, demolition, waste streaming, post operation close-out support and new build services to support decommissioning activities.
Jacobs Senior Vice President Mark Bello said, “The joint venture is responsible for a step change in the planning and delivery of nuclear decommissioning in some potentially high-hazard environments. Jacobs’ deep knowledge of the Sellafield site stretches back more than 40 years, and we look forward to leveraging our integrated field services capability with the best from the supply chain to deliver innovation and best value.”
The framework begins immediately and has a base period of five years and a further five-year option period.
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 2015 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.
Jacobs Engineering Group Inc.
Robin Shermer, 817.735.6284