Jacobs Secures Smart City Services Contract from Delhi Mumbai Industrial Corridor Development Corporation Limited

DALLAS, May 30, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) received a $4.6 million contract extension from Delhi Mumbai Industrial Corridor Development Corporation Limited (DMICDC) to provide new city program management services as a part of building Phase 1 of Aurangabad Industrial City (AURIC), India's first planned industrial "smart city."

This project began in 2015 when legacy CH2M (now Jacobs) became the program manager tasked with developing integrated infrastructure for this smart city, a world-class exhibition and convention center, and a multi-modal logistics park. Located in the Aurangabad District in the State of Maharashtra, Jacobs will continue to develop the new mega-industrial city that features a transit-oriented and walkable township, water and energy conservation, renewable power sources, information and communication technologies (ICT) and City Command and Control Center, which promotes a healthy quality of life while maintaining the area's unique cultural heritage.

"Jacobs brings considerable innovative digital solutions knowledge around emerging technologies and value-added solutions to our customers," said Jacobs Buildings, Infrastructure and Advanced Facilities President Bob Pragada. "Leveraging our capabilities in information technology and bringing that experience to such an exciting industrial 'smart city' will enable state-of-the-art technologies to enhance this integrated infrastructure development in India."

Developed as a part of the Jacobs Connected Enterprise digital solutions offerings, this new integrated industrial township will be a congregation of office spaces, residences, hotels, large and small format retail, hospitals, schools, parks, entertainment hubs and other land uses. More than 60 percent of the total land has been utilized for industrial purposes, while 40 percent is for residential, commercial, institutions, open spaces and social-cultural amenities. At AURIC, ICT will play a key role in integrating various functions to keep the city operating in a smooth, streamlined manner. An intelligent, 100 percent online e-governance system will digitize procedures and utilize analytics and real-time monitoring to ensure citizens enjoy an efficient, future-ready lifestyle. AURIC is planned with the idea of integrating city infrastructure with information and communication technology.

Since the beginning of the work on AURIC in 2015, the project has already secured several awards, including:

• SKOCH Platinum Smart City Platinum Award 2017
• SKOCH Order of Merit Award 2017 for E-Land Management System
• Times National Award 2017 – Best office Building (Auric City Hall Building)
• Times National Award 2017– Best in Architecture for AURIC City Hall (Auric City Hall Building)

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2017 revenue when combined with full-year CH2M revenues and a talent force of more than 77,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter, Facebook and Instagram.

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 Form 10-K for the year ended September 29, 2017, 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.