Jacobs in Joint Venture for Melbourne Metro Rail Project Contract

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that the Aurecon Jacobs Mott MacDonald (AJM) joint venture has been appointed as the technical, planning and engagement advisor for the Melbourne Metro Rail Project in Victoria, Australia.

The AJM JV is supporting the Melbourne Metro Rail Authority (MMRA) in progressing technical, planning and engagement work for the project, with key activities already underway. The MMRA is responsible for overseeing planning works, the development of a project reference design, undertaking site investigations, planning approvals, procurement, construction delivery and project commissioning.

Company officials did not disclose the contract value.

The Melbourne Metro Rail Project unlocks critically needed capacity in Melbourne’s rail network and begins transforming the network into an international metro-style rail system. It includes two nine-kilometer rail tunnels from South Kensington to South Yarra as part of a new Sunbury to Cranbourne/Pakenham line; new underground stations at Arden, Parkville, CBD North, CBD South and Domain; train/tram interchanges at Parkville and Domain; and rail tunnel entrances at South Kensington and South Yarra.

The project is expected to allow for 20,000 more passengers to use Melbourne’s rail network during the peak hour, ease congestion on St. Kilda Road/Swanston Street, one of the world’s busiest tram corridors, and pave the way for further extensions to the rail network.

Jacobs Group Vice President Michael Shirley said, “As a member of the AJM joint venture, we are thrilled to be part of a world class team leveraging our comprehensive rail experience and expertise to play a key role in this significant, city-shaping project.”

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 2013 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