Jacobs Receives Contract From Riverside County Transportation Commission for SR-74/I-215 Interchange Project

PASADENA, Calif., Dec 08, 2009 /PRNewswire-FirstCall via COMTEX/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from the Riverside County Transportation Commission to provide construction management services for its State Route 74 (SR-74) and Interstate 215 (I-215) interchange improvement project in Perris, Calif. Construction is expected to begin in early 2010 with project completion planned for late 2012.

Estimated to cost $30 million, the project construction is funded with federal stimulus funding from the American Recovery and Reinvestment Act and zonal Transportation Uniform Mitigation Fees.

The project will include safety and operational improvements to the existing SR-74/I-215 interchange by constructing a new, eight-lane overcrossing structure; realigning, reconstructing, and widening the ramps to I-215; reconfiguring nearby intersections; widening streets; providing ramp meters and high occupancy vehicle (HOV) preferential lanes on the entrance ramps; and constructing sound walls.

Jacobs will provide construction management, materials testing, and construction surveying services, including pre-construction plan, specification, and estimate (PS&E) review; construction project advertising, bid analysis, and award; construction inspection; claim analysis; contractor interface and contract administration; and office engineering.

In making the announcement, Jacobs Group Vice President Robert M. Clement stated, "We are pleased to expand our long-term relationship with the Riverside County Transportation Commission by providing construction management services for this complex interchange in Perris. Together with other planned renovations to I-215 in the county, this project expects to improve the safety and mobility of the travelling public in the region."

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.

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 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 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

SOURCE Jacobs Engineering Group Inc.

http://www.jacobs.com