PASADENA, Calif., June 17 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from the General Directorate for National Roads and Motorways (GDDKiA) in Poland to provide consultancy and consultant construction supervision services to support the widening of a 62-kilometer section of national road DK 8 in Central Poland.
Officials noted that the total value of the 6-year contract is 13.3 million Euros.
GDDKiA is the Polish government agency that implements public investments in the roads sector. The project is the third of a three-module program to verify the effectiveness of the Design/Build (D/B) system for executing road investments. Jacobs is one of three consultants selected to support the program.
Jacobs will prepare D/B tender documents; support the tendering process, perform investor's supervision according to Polish building law and FIDIC contract conditions; and analyze the effectiveness of D/B system implementation. The work, which will satisfy EU expressway standards, will be conducted from Jacobs' office in Warsaw.
Jacobs has provided design and supervision on separate motorways, expressways, and national road projects for GDDKiA for the last 15 years. Their office in Warsaw serves as an engineering consulting office for roadways, railways, and environmental consulting in Poland.
In making the announcement, Jacobs Group Vice President Michael Higgins stated, "We are excited to engage in this challenging project to support GDDKiA's investment goals and help to evaluate the effectiveness of the D/B development approach."
Jacobs, with over 55,000 employees and revenues exceeding $9.0 billion, provides technical, professional, and construction services globally.
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 2007 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.
For additional information contact:
Mary Bloom
626.578.6992
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SOURCE Jacobs Engineering Group Inc.
06/17/2008
CONTACT: Mary Bloom of Jacobs Engineering Group Inc., +1-626-578-6992
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