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TheStreet Open House

Jacobs Receives Contract From National Roads Authority In Ireland

Stocks in this article: JEC

Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded a contract from National Roads Authority (NRA) to conduct health and safety site inspections on the National Road Network in Ireland, and to provide corporate support for occupational health and safety initiatives within the NRA.

Officials did not disclose the contract value, but noted that this award follows a previous commission through which Jacobs developed an inspection system for the NRA that is currently being utilized.

Under the terms of the contract, Jacobs is inspecting project sites throughout the National Roads Network to facilitate consistency in the implementation of health and safety systems and procedures, including a special focus on temporary traffic management measures from the perspective of the road-user; and to report and advise on findings.

Jacobs Group Vice President Bob Duff stated, "Jacobs is delighted to support the National Roads Authority on this project, which builds on the previous health and safety program we successfully delivered. We are pleased to continue our long working relationship with the NRA in the development and maintenance of the National Road Network in Ireland."

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 2012 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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