Jacobs Awarded Contract from Wipro Limited

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it received a contract from Wipro Limited for project management services for the construction of the Information Technology - Special Economic Zone (IT SEZ) Phase 4 at Rajiv Gandhi InfoTech Park in Pune, India.

The scope of the role includes pre-construction services, such as coordinating and finalizing construction designs and drawings, as well as full project management services up to commissioning stage for the 1.67 million square foot facility. The IT SEZ facility consists of a software development block, middle and utility blocks, a multi-level car park and other external developments and is slated for LEED Platinum rating.

The project began in December 2015, with completion expected within three years.

In making the announcement, Jacobs Senior Vice President & General Manager, India & Asia, Vinayak Pai stated, “We are very excited to embark on this large project, which represents the first project management role for a buildings project of this scale in our history in India. We have developed an increasingly strong relationship with Wipro in recent years and we look forward to leveraging our broad experience and local capability on this significant development in Pune.”

Wipro Limited Senior Vice President & Global Operations Head Hariprasad Hegde added, “Wipro recognizes the need for superior project management and delivery of project in terms of cost, quality and timeliness. In Jacobs, we see the potential to adopt international best practices and apply this to Indian IT projects. We also think Jacobs’ engineering strength can further help the project management team deliver this large project in terms of quality and timeliness. We look forward to this engagement.”

Jacobs’ role is being led by its Buildings and Infrastructure line of business.

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 2015 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.

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Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.



Robin Shermer, 817-735-6284