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J Jacobs Solutions Inc

135.31
-0.93 (-0.68%)
28 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Jacobs Solutions Inc NYSE:J NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.93 -0.68% 135.31 136.5308 133.87 135.06 417,513 01:00:00

Jacobs Appointed to UK's United Utilities Specialist Network Modeling Framework

10/12/2024 9:00am

PR Newswire (US)


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Framework to support asset optimization and resilience

Largest water and wastewater infrastructure investment in North West England for a century

DALLAS, Dec. 10, 2024 /PRNewswire/ -- Jacobs (NYSE: J) has been appointed by United Utilities, one of the U.K.'s largest listed water companies, to deliver modeling support for water infrastructure through the asset management period (AMP8), which runs from 2025 to 2030.   

Jacobs will provide water network and water quality modeling services across capital programs, asset management and operations. The Jacobs team will work closely with United Utilities and its supply chain to identify opportunities to use innovation and cutting-edge modeling techniques to maximize value.

"Addressing challenges like climate change, water security and aging infrastructure, managing this essential resource has never been more complex for the water sector," said Jacobs Senior Vice President Kate Kenny. "Our global water infrastructure solutions and our 20+ years' experience working in the region will support United Utilities' largest ever program to advance environmental performance and resilient water services across North West England."

United Utilities Capital Delivery Director Jane Simpson said: "Our new network modeling collaboration will help us make informed decisions across operations and capital investment programs by monitoring rivers, catchment land, and coastal infrastructure to see where we can improve our services and meet supply needs of the future. These specialists, along with those already appointed, will play an important role in helping to deliver our ambitious proposals."

The initial term of the agreement with United Utilities is five years, with additional options to extend for up to a total duration of 11 years.

United Utilities provides water and wastewater services to around seven million people, supplying three million households and 200,000 business premises.

Jacobs is also part of United Utilities' Strategic Solutions Team, optimizing the AMP8 major capital program, and delivering tactical project management office support to improve system performance. For the past decade Jacobs has supported United Utilities, and continues to serve as Construction Delivery Partner, delivering water and wastewater projects. Jacobs has been integral to United Utilities' engineering services framework, providing strategic studies, business planning, asset optimization, project and program management—together ensuring the resilience of critical assets like the Haweswater Aqueduct. United Utilities also implemented a Dynamic Network Management approach, powered by Jacobs' Aqua DNA—a Digital OneWater solution that leverages live data, smart sensors and AI-driven predictive analytics to enhance wastewater network performance and proactively address challenges.

At Jacobs, we're challenging today to reinvent tomorrow – delivering outcomes and solutions for the world's most complex challenges. With approximately $12 billion in annual revenue and a team of almost 45,000, we provide end-to-end services in advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water. From advisory and consulting, feasibility, planning, design, program and lifecycle management, we're creating a more connected and sustainable world. See how at jacobs.com and connect with us on LinkedIn, Instagram, X and Facebook. 

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, uncertainties as to the impact of the recently completed separation transaction pursuant to which we spun off and merged our Critical Missions Solutions and Cyber & Intelligence government services businesses with Amentum  (together, "new Amentum ") on Jacobs' and new Amentum's businesses, 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, increased uncertainty and risks, including policy risks and potential civil unrest, relating to the outcome of elections across our key markets and elevated geopolitical tension and conflicts, among others, 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  

Jacobs Logo (PRNewsfoto/Jacobs)

 

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