PASADENA, Calif., Nov. 9, 2010 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE: JEC) announced today that it received a contract
to provide general tolling consultant (GTC) services for the
Washington State Department of
Transportation (WSDOT). WSDOT is using tolling within their highway
system as a tool to reduce congestion and generate revenue.
Officials did not disclose the contract value, however did note
that the contract has a minimum duration of three years with the
option for multi-year extensions.
As the GTC, Jacobs provides program management, project
development and project delivery services related to WSDOT toll
facilities, including planning, design, strategic advisory,
operations support and implementation-phase work activities.
In making the announcement, Jacobs Group Vice President
Robert M. Clement stated, "We are
pleased to continue our long standing relationship with WSDOT, and
we look forward to working closely with them as their
transportation system evolves with changing conditions."
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.