Jacobs Selected For Light Rail Projects in Pennsylvania

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Jacobs Engineering Group Inc.
JEC
announced today that it has been awarded a contract from the Port Authority of Allegheny County in Pennsylvania to provide professional engineering design services for light rail transit systems. Company officials did not disclose the contract value, but noted that it is a four year Indefinite Delivery, Indefinite Quantity contract. Under the terms of the contract, Jacobs is providing professional engineering design services for light rail transit signal systems, power systems, field communication systems, system integration and start-up, supervisory control and data acquisition systems, rail and track systems, operating systems, operations control center communications, light rail vehicles, and value engineering. In making the announcement, Jacobs Group Vice President Randy Pierce stated, “We are pleased to have this opportunity to leverage our light rail experience to deliver quality services to the Port Authority of Allegheny County and the people of Pittsburgh and the surrounding communities.” The Port Authority's 26.2-mile light rail system is an integral part of its public transportation system that provides services for approximately 215,000 daily riders. Jacobs is one of the world's largest and most diverse providers of technical professional and construction services. 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 2013 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 do not undertake to update any forward-looking statements made herein.
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