Jacobs Secures Contract from Homes and Communities Agency

Oct 26, 2010, 07:45 ET from Jacobs Engineering Group Inc.

PASADENA, Calif., Oct. 26 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it was awarded a four-year contract from the Homes and Communities Agency (HCA) for a multi-disciplinary framework panel. The HCA is the national housing and regeneration agency for England. Its role is to create thriving communities and affordable homes.

Officials did not disclose the contract value, however indicated that in the past two and a half years over 100 million pounds of work has been procured by the HCA and its partners through the multi-disciplinary and related panels.

The HCA maintains a number of panels to deliver its regeneration and development programs. At present, over 180 partner organizations procure through the HCA's panels. The panels cover a wide range of services including property, project cost and management, master-planning, engineering, planning architecture, housing delivery and transport together with a range of niche specialist panels such as archaeology, heritage and surveying. The multi-disciplinary panel provides access to a range of technical services as a 'one stop shop' and make it "quicker and more cost effective for publicly funded organizations to procure technical services".

In making the announcement, Group Vice President Bob Duff stated, "Jacobs is proud to work with the HCA and support their efforts to improve communities in England."

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:

Michelle Jones


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SOURCE Jacobs Engineering Group Inc.