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Jacobs Awarded Major Road Infrastructure Project for Transport Scotland

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Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it has been awarded a contract from Transport Scotland to provide multi-disciplinary consultancy services for one of the largest road infrastructure projects in Scotland’s history.

The project involves upgrades to the A9 – a major roadway that runs from central Scotland to the far north coast – to convert it to a divided highway between Perth and Inverness, one of the busiest sections of the route.

This is the second of three design contracts awarded for the project; covering 27 miles to be dualled and 5 miles of existing dual carriageway between the Pass of Birnam and Glen Garry. The Scottish Government estimates the value for each of the three contracts to be $60-100 million (lb40-60 million). The overall construction value for the full 110 mile-long program, of which 80 miles requires dualling, is estimated at $5 billion (lb3 billion).

Under the terms of the contract, Jacobs’ scope of services includes engineering design; statutory procedures; procurement and construction supervision; environmental impact assessment; data management; as well as landowner consultation, and stakeholder and community engagement.

In making the announcement, Jacobs Group Vice President Bob Duff stated, “We are delighted to receive this contract and are pleased to continue our support of Transport Scotland’s goal to improve the A9’s safety and performance. By working closely with stakeholders – particularly local communities, businesses and the National Park – we are committed to delivering high quality infrastructure that is built in consideration of the surrounding landscape and that creates a positive legacy for the future.”

Design principles for the A9 program were developed through the preliminary engineering services commission awarded to Jacobs in September 2012. The project encompasses key features such as crossings over the River Tay, and roadway that runs through National Scenic Areas: the Cairngorm National Park and the Killiecrankie Battlefield.

The overall A9 program is scheduled for completion by 2025 and is anticipated to benefit road users, communities and businesses along the route.

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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