News | September 6, 2018

Jacobs Joint Venture Wins Major Inland Rail Program Contract In Australia

Dallas, TX /PRNewswire/ - Jacobs Engineering Group Inc. (NYSE : JEC ), in a joint venture with GHD, has been appointed by the Australian Rail Track Corporation (ARTC) to deliver a feasibility study and environmental impact assessment for a 300-kilometer-long greenfield section of the multi-billion dollar Inland Rail Program in New South Wales (NSW), Australia.

The scope of the Narromine to Narrabri (N2N) project involves the delivery of further engineering design and environmental investigations to determine the preferred route for the 40- to 60-meter-wide rail corridor.

"Inland Rail will connect farms, mines, cities and ports to global markets, providing significant supply chain benefits," said Jacobs Buildings, Infrastructure and Advanced Facilities Senior Vice President and General Manager Patrick Hill. "In addition, it will reduce transit times and complete one of the missing freight rail links between Melbourne, Adelaide, Perth and Brisbane, and we will leverage our extensive background in rail and transportation to help make it happen."

N2N is one of 13 projects that completes the Inland Rail Program, and the 300km of new track makes it the longest distance project within Inland Rail. It will involve seven passing loops, four road-over-rail graded separations and three rail-over-rail graded separations, 17 rail underbridges, four kilometers of viaduct, a number of level crossings and more than 320 utility crossings.

"This important feasibility design work will give us critical information in terms of engineering, environmental, traffic flows, socio-economic impacts and benefits and other areas of interest," said Inland Rail Chief Executive Officer Richard Wankmuller. "It will lay the groundwork for the detailed design for this section and help identify how we can adjust to address community concerns."

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2017 revenue when combined with full-year CH2M revenues and a talent force of more than 77,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter, Facebook and Instagram.

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 Form 10-K for the year ended September 29, 2017, 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.

SOURCE: Jacobs Engineering Group Inc.

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