Jacobs Receives $25 Million Contract From The United States Department of State for Worldwide Architect-Engineer Support Services

PASADENA, Calif., Nov. 2, 2010 /PRNewswire via COMTEX/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract to provide architect and engineer (A-E) design services for the United States Government (USG), Department of State (DOS), Bureau of Overseas Buildings Operations (OBO).

The Indefinite Delivery/Indefinite Quantity Contract includes a 12-month base period and four one-year options, making the total contract 5 years in duration if all options are exercised.

The total contract value is $25 Million.

The Worldwide Support Services contract will enable Jacobs to continue to support the Department of State's office of Overseas Buildings Operations (OBO) efforts to acquire, plan, develop, design, construct, renovate and rehabilitate USG diplomatic Foreign Service facilities around the world.

Jacobs will provide architectural and engineering studies, facility assessments and comprehensive maintenance plans, space planning analysis, master plans, site utilization studies/plans, interior design and graphic design studies, and construction cost estimates.

Other services include facility/infrastructure assessments, value engineering, researching local cost data and construction methodologies, and generating studies, findings, and cost estimates.

In making the announcement, Jacobs Group Vice President Tom McDuffie stated, "Jacobs is delighted to be selected for this important contract, which allows us to continue our successful client relationship with The Department of State in the design, renovation, and security upgrades of their facilities around the world. This is indeed a testament to our dedication to this client and the relationship we have built with DOS over the past 25 years."

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.

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SOURCE Jacobs Engineering Group Inc.