Jacobs Awarded Contract from Central Texas Regional Mobility Authority

Jacobs Awarded Contract from Central Texas Regional Mobility Authority

Evaluation and Development Activities for Transportation Projects

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYS: JEC) announced today that it has been awarded a contract by the Central Texas Regional Mobility Authority (Mobility Authority) for road projects located in the MoPac South corridor in Austin, Texas.

Mobility Authority officials estimate the contract value at $6 million.

Under the terms of the contract, Jacobs is managing environmental and preliminary engineering services as well as public involvement efforts related to the development of approximately nine miles of roadway and overpasses in the MoPac corridor.

The Project Team is comprised of staff from the Mobility Authority, Texas Department of Transportation (TxDOT), the General Engineering Consultant (GEC), specialty consultants, and Jacobs, all of whom are working together as a single team to deliver the project.

Jacobs' scope of work includes alternatives development and evaluation, environmental studies, public involvement, preliminary engineering, field survey, hydraulic studies, and schematic development.

In making the announcement, Jacobs Group Vice President Kevin McMahon stated, "This project continues our long relationship with the Central Texas Regional Mobility Authority, and we are pleased to support their goals to promote sustainability in the development of their transportation projects. We look forward to working seamlessly with the entire team to explore sustainable, multimodal mobility solutions in the MoPac South corridor."

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 2012 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.

Jacobs Engineering Group Inc.
Michelle Jones

KEYWORDS:   United States  North America  California  Texas


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