PASADENA, Calif., July 12, 2011 /PRNewswire via COMTEX/ --Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it has been appointed to the Highways Agency's Project Support Services Framework to provide integrated highway engineering, technology design services and traffic modelling services in support of the Highways Agency's four-year major project delivery program.
The estimated value of the contract is up to $40 million.
The Highways Agency is an Executive Agency of the UK's Department for Transport. On behalf of the Secretary of State, the Agency is responsible for the management, operation and development of the strategic road network in England. The strategic road network includes most motorways and major 'A' roads. It is valued at over $136 billion (88 billion pounds Sterling) and carries a third of all road traffic in England and two thirds of all road freight traffic.
In making the announcement, Jacobs Group Vice President Bob Duff stated, "We are delighted to continue our relationship with the Highways Agency and look forward to continuing to provide them with quality services as part of this major project delivery program."
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 2010 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.
Michelle Jones
626.578.6968
SOURCE Jacobs Engineering Group Inc.