PASADENA, Calif., June 17 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from the Daughters of Charity Health System to provide program and construction management services for the Maryvale Duarte Education and Family Resource Center in Duarte, Calif.
Officials did not disclose the value of the contract.
This project expands education services provided by Daughters of Charity in the Los Angeles area, continuing a tradition of care that began in California in 1852. The new 56,000-square-foot building and associated underground parking structure are being procured using a managed multi-prime project delivery model with a 12-month construction schedule commencing July 15, 2008.
In making the announcement, Jacobs Group Vice President Warren Dean said, "We are pleased to be selected for this work and proud to continue our long relationship with Daughters of Charity, supporting their education and healthcare missions."
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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