Business News

Jacobs Receives Framework Agreement for Professional Consultancy Services from Lancashire County Council

2008-08-19 06:45:00

    PASADENA, Calif., Aug. 19 /EMWNews/ -- Jacobs Engineering

Group Inc. (NYSE: JEC) announced today that it received a contract for a

framework agreement to provide professional consultancy services for

Lancashire County Council for the preparation and supervision of highway

design functions throughout the county.



    Officials did not provide the value of this 3-year contract that

utilizes the NEC3 Framework. The contract does have an optional extension

to a fourth year.



    As part of the contract, Jacobs will provide professional and

specialist consultancy services on the Council's priority major scheme, the

pounds Sterling 138 million Heysham to M6 Link. The link will provide

improved connections between Morecambe and Heysham with the M6 motorway,

including access to Heysham Port. The project will significantly reduce the

volume of traffic using the River Lune Bridges in Lancaster, will

facilitate industrial and commercial regeneration, and will create

opportunities to enhance alternative travel modes by relieving the current

traffic conditions.



    In making the announcement, Jacobs Group Vice President Michael Higgins

stated, "We believe that the framework offers both organizations a unique

opportunity to build a delivery structure that will perform from the outset

and develop quickly to become best-in-class within the North West of

England."



    Jacobs, with over 55,000 employees and revenues exceeding $10.0

billion, provides technical, professional, and construction services

globally.



    Any statements made in this release 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 2007 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 also caution the readers of this release that we do not

undertake to update any forward-looking statements made herein.




For additional information contact: Michelle Jones 626.578.6968

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