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Jacobs Appointed to Plan and Design Northern Ireland Water's Assets

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Jacobs (NYSE: J) has been appointed by Northern Ireland Water to a new professional services framework supporting water and wastewater capital improvements. The framework covers feasibility, design, and climate change management services for a six-year investment program, running for an initial four-year period with a possible four-year extension. The scope includes design services for major projects, water and wastewater network modeling, and climate adaptation and net zero planning. Northern Ireland Water serves approximately 840,000 households and businesses in Northern Ireland.

Jacobs (NYSE: J) è stata nominata da Northern Ireland Water per un nuovo quadro di servizi professionali a sostegno dei miglioramenti nelle infrastrutture idriche e di trattamento delle acque reflue. Il quadro comprende servizi di fattibilità, progettazione e gestione dei cambiamenti climatici per un programma di investimenti di sei anni, con una durata iniziale di quattro anni e una possibile estensione di quattro anni. L'ambito include servizi di progettazione per progetti importanti, modellazione delle reti idriche e di trattamento delle acque reflue e pianificazione per l’adattamento climatico e la riduzione delle emissioni. Northern Ireland Water serve circa 840.000 famiglie e imprese nell'Irlanda del Nord.

Jacobs (NYSE: J) ha sido nombrado por Northern Ireland Water para un nuevo marco de servicios profesionales que apoya las mejoras de capital en agua y aguas residuales. El marco cubre servicios de viabilidad, diseño y gestión del cambio climático para un programa de inversión de seis años, con un período inicial de cuatro años y una posible extensión de cuatro años. El alcance incluye servicios de diseño para proyectos importantes, modelado de redes de agua y aguas residuales, y planificación para la adaptación climática y la reducción de emisiones. Northern Ireland Water atiende aproximadamente a 840,000 hogares y empresas en Irlanda del Norte.

Jacobs (NYSE: J)북아일랜드 수자원으로부터 수자원 및 폐수 자본 개선을 지원하는 새로운 전문 서비스 프레임워크에 임명되었습니다. 이 프레임워크는 6년 투자 프로그램을 위해 타당성, 설계 및 기후 변화 관리 서비스를 포함하며, 초기 4년 기간 후 4년의 연장 가능성을 포함합니다. 범위에는 주요 프로젝트를 위한 설계 서비스, 상수도 및 폐수 네트워크 모델링, 기후 적응 및 탄소 중립 계획이 포함됩니다. 북아일랜드 수자원은 북아일랜드에서 약 840,000 가구 및 기업에 서비스를 제공합니다.

Jacobs (NYSE: J) a été désigné par Northern Ireland Water pour un nouveau cadre de services professionnels soutenant les améliorations en matière d'eau et d'eaux usées. Le cadre couvre des services de faisabilité, de conception et de gestion du changement climatique pour un programme d'investissement de six ans, avec une période initiale de quatre ans et une éventuelle prolongation de quatre ans. Le champ d'application comprend des services de conception pour des projets majeurs, la modélisation des réseaux d'eau et d'eaux usées, ainsi que la planification de l'adaptation climatique et de l'atteinte des objectifs de zéro émission nette. Northern Ireland Water dessert environ 840 000 foyers et entreprises en Irlande du Nord.

Jacobs (NYSE: J) wurde von Northern Ireland Water für ein neues Rahmenwerk für professionelle Dienstleistungen zur Unterstützung von Investitionen in Wasser- und Abwasserinfrastruktur beauftragt. Das Rahmenwerk umfasst Machbarkeitsstudien, Entwurf und Management des Klimawandels für ein sechsjähriges Investitionsprogramm, das mit einem anfänglichen Zeitraum von vier Jahren und einer möglichen vierjährigen Verlängerung läuft. Der Umfang umfasst Entwurfsdienstleistungen für größere Projekte, Modellierung von Wasser- und Abwassernetzen sowie Planung für Klimaanpassung und Netto-Null-Ziele. Northern Ireland Water versorgt etwa 840.000 Haushalte und Unternehmen in Nordirland.

Positive
  • Secured long-term framework contract with potential 8-year duration
  • Expands existing relationship with Northern Ireland Water following 2022 and 2024 appointments
  • Strengthens position in critical infrastructure services sector
Negative
  • None.

Insights

The new framework agreement with Northern Ireland Water represents a strategic expansion of Jacobs' existing relationship in the region's water infrastructure sector. While specific contract values aren't disclosed, this type of long-term framework (4+4 years) typically generates steady recurring revenue streams. The scope spanning feasibility studies, design services and climate adaptation planning aligns with increasing global demand for water infrastructure modernization.

This win strengthens Jacobs' position in the UK water sector, building on their existing Major Project Partnership Framework from 2022. The focus on climate resilience and net zero planning is particularly noteworthy as environmental regulations tighten. With Northern Ireland Water serving 840,000 households and businesses, this framework provides stable long-term revenue potential, though its immediate impact on Jacobs' $17.5B market cap is modest.

Providing feasibility, design and climate change services under long-term framework

DALLAS, Oct. 29, 2024 /PRNewswire/ -- Jacobs (NYSE: J) was appointed by Northern Ireland Water to a new professional services framework supporting water and wastewater capital improvements across the region. Northern Ireland Water provides water and sewerage services to approximately 840,000 households and businesses in Northern Ireland.

The framework will support Northern Ireland Water with the remainder of its Business Plan – a six-year investment program that includes significant upgrades to Northern Ireland Water's infrastructure for water and wastewater.

Jacobs' scope of work covers feasibility, design and climate change management services, including design services for major projects, water and wastewater network modelling and climate adaptation and net zero planning. The framework runs for an initial four-year period, with the option to extend for up to four additional years.

"Jacobs continues to support Northern Ireland Water with major infrastructure upgrades that improve the capacity and efficiency of critical water and wastewater services," said Jacobs Senior Vice President Kate Kenny. "With this new framework, we'll bring capabilities to help Northern Ireland Water increase the resilience of their water and wastewater assets while mitigating the effects of climate change."

Jacobs was previously appointed as a design consultant to Northern Ireland Water's Major Project Partnership Framework in 2022, and as Sustainability Reporting Partner under the Crown Commercial Services Management Consultancy Framework in 2024.   

Across the island of Ireland, Jacobs serves clients in sectors spanning Advanced Manufacturing, Cities & Places, Energy, Environmental, Life SciencesTransportation and Water.

From drinking water treatment to water reuse and resource recovery, Jacobs' significant global water solutions and experience support projects like Uisce Éireann's strategic water services planning and engineering design services in Ireland, United Utilities' major capital investment program in the U.K., and the King County South Treatment Plant in Washington State, U.S.

At Jacobs, we're challenging today to reinvent tomorrow – delivering outcomes and solutions for the world's most complex challenges. With a team of approximately 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, InstagramX 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 

 

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FAQ

What services will Jacobs (NYSE: J) provide to Northern Ireland Water under the new framework?

Jacobs will provide feasibility, design and climate change management services, including major project design, water and wastewater network modeling, and climate adaptation and net zero planning.

How long is Jacobs' (NYSE: J) new framework agreement with Northern Ireland Water?

The framework runs for an initial four-year period with the option to extend for up to four additional years, potentially lasting eight years in total.

How many customers does Northern Ireland Water serve in Jacobs' (NYSE: J) new contract region?

Northern Ireland Water provides water and sewerage services to approximately 840,000 households and businesses in Northern Ireland.

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