Press Release Apr 19, 2011

Jacobs Providing Construction Management Services for New VA Medical Center in Aurora, CO

PASADENA, Calif., April 19, 2011 /PRNewswire via COMTEX/ --Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it is providing construction management agency (CMa) services for the new, 1.2-million-square-foot Veterans Affairs (VA) replacement medical center facility for the Eastern Colorado Health Care System/Department of Veterans Affairs in Aurora, CO.

Officials did not disclose the contract value.

The new medical center, which replaces the existing VA Medical Center serving Denver and surrounding areas, includes a 184-bed VA Hospital, spinal cord injury/diagnostic center, medical clinic, dental clinics, community living center and laboratories, in addition to supporting functions that include administration, training, recreation, energy and utilities. Congress authorized the use of $800 million to fund the new medical center, which is scheduled for completion in 2014. The project is targeted for U.S. Green Building Council LEED-Silver certification.

In making the announcement, Jacobs Group Vice President Tom McDuffie stated, "Leveraging our leading national healthcare expertise, we are committed to deliver a facility that enables the VA to provide quality healthcare to our veterans in this area."

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.

For additional information contact:
Michelle Jones
626.578.6968

 

SOURCE Jacobs Engineering Group Inc.