Jacobs Engineering Group Inc.
NYSE : JEC

Jacobs Engineering Group Inc.

September 07, 2005 07:45 ET

Jacobs Receives Contract from Florida Department of Transportation

TAMPA, Fla.--(CCNMatthews - Sep 7, 2005) -

Jacobs Engineering Group Inc. (NYSE:JEC) announced today that a subsidiary company received a contract from the Florida Department of Transportation's (FDOT) District One to provide general engineering consulting services to assist in improving mobility and enhancing transportation solutions.

Company officials anticipate the value of the five-year contract will approach $22.5 million.

The program supports the 12 counties and nearly 12,000 square miles in Southwestern Florida for which District One is responsible. In addition to serving 2.3 million residents traveling 34.7 million miles per day, the District also provides capital and operating assistance to 4 major transit authorities, 19 public airports, 115 private airports, 4 major rail lines, and 1 deep-water port.

Jacobs is serving as an extension of staff to provide project management, engineering, planning, environmental, architectural, traffic operations, construction management, construction engineering inspection, and maintenance services.

In making the announcement, Jacobs Group Vice President Allyn Taylor stated, "We are pleased to continue our long-standing and successful relationship with the FDOT. We are excited to partner with District One to help implement immediate, efficient solutions to Florida's growth challenges and to assist in advancing their work program."

Jacobs, with over 35,000 employees and revenues exceeding $5.0 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. Any forward-looking statements made in this release represent management's best judgement as to what may occur in the future. However, Jacobs' actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Forward-Looking Statements" included in Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations contained in the Company's 2004 Annual Report on Form 10-K.

Contact Information

  • Jacobs Engineering Group Inc.
    Rod Sharp, 626-578-6992