Jacobs Awarded Contract for University of Oklahoma Utility Project

PASADENA, Calif., Jan. 6 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been awarded a contract by the University of Oklahoma (OU) to provide design and construction phase services for its Utility Plant No. 4 project.

Officials did not disclose the contract value, yet estimate construction cost at $60 million.

Jacobs is providing engineering and architectural design and construction administration services for a new combined chilled water, steam and electricity production plant, to be located in the heart of the OU Norman campus and designed to meet the new utility demands stemming from campus growth. The scope of work for the new utility plant includes:

• New 50,000-square-foot plant building
• 15MW of electricity generation using two gas-fired combustion turbines
• 10,000 tons of chilled water production capacity, with provision for an additional 7,500 tons of future capacity
• 180,000 pounds per hour of steam generation capacity using a boiler and two heat recovery steam generators
• A 1,200-foot underground tunnel housing chilled water and steam distribution piping to connect the new plant to the existing campus infrastructure.

In making the announcement, Jacobs Group Vice President Tom McDuffie stated, "We're very excited to assist OU in the implementation of this very important project for the continued growth of the campus. This project is designed to provide the needed utility infrastructure to enable the campus to expand for many years to come."

Jacobs, with over 57,000 employees and revenues exceeding $11.0 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 2008 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:
Michelle Jones
626.578.6968

SOURCE Jacobs Engineering Group Inc.

Web Site: http://www.jacobs.com