Jacobs Engineering Group Inc.
NYSE : JEC

Jacobs Engineering Group Inc.

June 01, 2005 07:45 ET

Jacobs Receives St. Mary's Hospital Contract for The Century Project

GRAND JUNCTION, Colo.--(CCNMatthews - Jun 1, 2005) -

Jacobs Engineering Group Inc. (NYSE:JEC) announced today that a subsidiary company has received a contract to assist in the development of The Century Project at St. Mary's Hospital & Medical Center in Grand Junction, Colo. The Century Project includes a 375,000-square-foot patient tower addition as well as 160,000 square feet of renovation and related development at the hospital site.

Officials did not disclose the contract value.

Jacobs is providing project management and construction management (PM/CM) services to manage and coordinate design and construction. The $200 million program includes new facilities for acute care patient services including all private patient rooms, surgery, intensive care, the emergency department, materials management, and dietary care as well as renovations providing additional space for the emergency department and surgery, and a new cardiac center of excellence. The new addition and remodeling will be designed to improve operational efficiency and to meet growing demand. The PM/CM services Jacobs is providing include program coordination, budget and schedule management, communications management, contract administration, design and construction quality assurance, commissioning management, and move-in coordination.

In making the announcement, Jacobs Group Vice President Warren Dean stated, "We are extremely pleased that St. Mary's Hospital has selected us for this important project to enhance the healthcare offerings for the citizens of western Colorado and eastern Utah. We look forward to delivering value to The Century Project through our leading healthcare PM/CM practices as we begin what we hope is a long and productive relationship with St. Mary's Hospital."

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 judgment 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 Management's Discussion and Analysis filed as part of Exhibit 13 to the Company's 2002 Annual Report on Form 10-K.

Contact Information

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