PASADENA, Calif., Oct. 12 /PRNewswire-FirstCall/ -- Jacobs
Engineering Group Inc. (NYSE: JEC) announced today that it has
received a contract to provide program management services for the
Regional Transportation Commission of Southern Nevada (RTC). The RTC is the transit
authority, transportation planning agency and regional traffic
management agency for Southern
Nevada.
Officials did not disclose the contract value, however did note
that the contract has a duration of four years with two one-year
options.
As the program management consultant (PMC), Jacobs provides
technical capacity as well as coordination and oversight of
professional service, design and construction contracts to support
development of the RTC's capital projects.
In making the announcement, Jacobs Group Vice President
Robert M. Clement stated, "We are
pleased to continue our long standing relationship with the RTC,
and we look forward to working side-by-side with them to help them
deliver their capital projects."
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.
For additional information
contact:
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Michelle Jones
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626.578.6968
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SOURCE Jacobs Engineering Group Inc.
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