Jacobs Secures National Flood Risk Assessment 2 (NaFRA2) Contract

05/28/2020
A pioneering cloud computing system to help manage flood risk in England

DALLAS, May 28, 2020 /PRNewswire/ -- Jacobs (NYSE:J) was selected by England's Environment Agency to design, develop and implement the National Flood Risk Assessment 2 (NaFRA2), a pioneering cloud computing system that will help create a step-change in the quality and scope of England's national flood risk information.

Along with JBA Consulting and a small group of industry and academic experts, Jacobs will combine its industry-leading flood modelling experience with web technologies and cloud computing to develop a system that underpins national-scale flood analysis in England. The Environment Agency estimates the four-year contract value at $10 million (£8 million).

"We believe this will be the world's first cloud-based, interactive national flood risk assessment system combining local and national flood modeling for rivers, sea and surface water," said Jacobs People & Places Solutions Senior Vice President and General Manager, Europe, Middle East and Africa Donald Morrison. "Once operational it will enable the Environment Agency to manage flood risk in England more effectively and efficiently."

NaFRA2 will be designed to store, process and manipulate input data, and manage the production of outputs. The project includes substantial national-scale flood modeling, spanning scenarios for different flood defense states, breaching, blockage and climate change. These will help the Environment Agency produce a comprehensive picture of risk and uncertainty, including core public national flood risk information and data to support flood incidents.

"We are thinking and acting differently on this challenging and groundbreaking project," said Environment Agency National Director of Operations and Project Sponsor Steve Moore. "Our work with Jacobs will help to identify and alleviate the risk of flooding that currently affects more than 5.2 million properties in England."

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $13 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, InstagramLinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. 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, including, but not limited to, the impact of the COVID-19 pandemic and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our Annual Report on Form 10-K for the year ended September 27, 2019, and in particular 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, 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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SOURCE Jacobs

Statements that are not based on historical fact are forward-looking statements.   Although such statements are based on management’s current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain.  We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in 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 2009 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 caution readers that we do not undertake to update any forward-looking.