Jacobs Wins Framework Contract from Transport Infrastructure Ireland

04/19/2016

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded a new four-year contract from Transport Infrastructure Ireland (TII) to provide multi-disciplinary consultancy services for the delivery of national roads projects operated and managed by TII.

Under the terms of the contract, Jacobs is providing technical consultancy services under three framework agreements. These services span minor improvement projects and pavement programs of work (with an estimated construction value up to $3.3 million); and larger programs of work (greater than $3.3 million construction value) from inception, construction, handover and closeout, through to operation and maintenance. TII is the central purchasing body for the framework agreements.

In making the announcement, Jacobs Senior Vice President Buildings and Infrastructure Bob Duff stated, “We are delighted to continue to support Transport Infrastructure Ireland and further develop our relationship under this contract. We look forward to working closely with TII to support its priorities for achieving best value in the planning and delivery of Ireland’s infrastructure projects.”

Jacobs has worked closely with TII for several years and is currently also providing health and safety advisory services and inspections on major roadworks and traffic management sites, together with corporate support for occupational health and safety.

TII operates, maintains and improves the national primary and secondary road network in Ireland, a network that is more than 6,000 kilometers long and consists of motorways, dual carriageways and single lane roads. TII's primary function is to provide an integrated approach to the future development and operation of the national roads network.

Jacobs is one of the world's largest and most diverse providers of technical, professional and construction services.

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 2015 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 do not undertake to update any forward-looking statements made herein.

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

Robin Shermer, 817.735.6284

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.