Jacobs Appointed to Plan and Design Northern Ireland Water's Assets
Rhea-AI Summary
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.
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.
News Market Reaction
On the day this news was published, J gained 1.15%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Providing feasibility, design and climate change services under long-term framework
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
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
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, 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.
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FAQ
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