Jacobs Wins Further Contract for Highways England’s Roads Investment Program

08/16/2016

Company to develop design options in three U.K. regions

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc (NYSE:JEC) announced today its appointment by Highways England to develop preferred options for multiple highways schemes planned in the east, southeast and northwest regions of England, United Kingdom.

Jacobs is providing engineering design services for civil engineering works and traffic technology, surveys, stakeholder engagement, environmental services, traffic modeling, building information modeling (BIM) and principal designer services under the Construction (Design and Management) 2015 regulations. The stage two options development work includes the following schemes:

  • East region: A428 (Black Cat to Caxton Gibbet), A12 Chelmsford to A120 (Junction 19 to 25) and M11 Junction 7 Upgrade;
  • Southeast region: A31 Ringwood Road Widening and A34 Technology Enhancements;
  • Northwest region: M6 Junction 19 Improvements.

In making the announcement, Jacobs Senior Vice President Buildings and Infrastructure Bob Duff stated, “These important schemes are central to improving route capacity and future capability. This award builds on our long established relationship with Highways England and underlines Jacobs’ position as a leading highways designer. I am delighted we are able to continue to contribute meaningfully to the roads investment program and help Highways England take the next step towards making these schemes a reality.”

Highways England is the new government company charged with operating England’s motorways and major A roads. This includes modernizing and maintaining the highways, a network of around 4,300 miles.

Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs 50,000 people and operates in more than 30 countries around the world. Jacobs delivers major transportation projects around the world and has completed more than 350 highways projects in the last five years. For more information, visit www.jacobs.com.

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.