Jacobs Awarded FEMA Disaster Response and Recovery Contract

DALLAS, April 16, 2019 /PRNewswire/ -- Jacobs (NYSE:JEC), the managing partner for CCPRS – a joint-venture between CH2M (now Jacobs) and CDM Smith – was awarded a Public Assistance Technical Assistance Contract IV (PA TAC IV) for continued support of the U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) mission.

Through the PA Program, FEMA provides supplemental federal disaster grant assistance for debris removal, emergency protective measures and the repair, replacement and restoration of disaster-damaged, publicly owned facilities and the facilities of certain private nonprofit organizations. The program also encourages protection of damaged facilities from future events by providing assistance for hazard mitigation measures during the recovery process.

"Our highest priority under PA TAC IV is to serve FEMA, the disaster recovery community and our small business partners," said Jacobs Global Environmental Solutions Senior Vice President and General Manager Jan Walstrom. "We will support the post-disaster response and recovery mission with a highly experienced team and a strong track record of successfully delivering projects with FEMA."

The indefinite delivery/indefinite quantity (IDIQ) contract, which has an estimated ceiling value of $610 million, encompasses professional services for engineering, architecture, cost estimating, accounting, commercial property insurance, project management, construction management and inspection. With a one-year base contract period and up to four individual option years, the work includes supporting disaster operations in FEMA Region II: New Jersey, New York, Puerto Rico, Virgin Islands; Region VII: Iowa, Kansas, Missouri, Nebraska; Region IX: Arizona, California, Hawaii, Nevada, Pacific Islands; and Region X: Alaska, Idaho, Oregon, Washington.

Under the previous PA TAC III FEMA contract, Jacobs was awarded more than $500 million to provide public assistance, recovery operations, construction and project management and technical services, including recovery support to Puerto Rico in response to Hurricane Maria. Additionally, Jacobs provides support to FEMA under the Logistics Housing Operations Unit Installation, Maintenance and Deactivation (LOGHOUSE) contract and the Individual Assistance Services Contract. Under LOGHOUSE, Jacobs is providing temporary housing installation and maintenance recovery services and overall project management to house families displaced by Hurricane Michael in the Florida Panhandle region.

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2018 revenue and a talent force of more than 80,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter, Facebook and Instagram.

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 Form 10-K for the fiscal year ended September 28, 2018, 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.

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SOURCE Jacobs