Jacobs Secures Engineering Services Agreement with Carcross/Tagish Energy Corporation

DALLAS–(BUSINESS WIRE)–Jacobs
Engineering Group Inc. (NYSE:JEC) has signed a three-year master
engineering services agreement with Carcross/Tagish Energy Corporation
(C/TEC), the energy arm of Carcross/Tagish
First Nation (C/TFN). C/TEC operates throughout the Traditional
Territories in Southern Yukon and Northern, B.C. It focuses on creating
sustainable jobs and eco-energy business opportunities for the community
and citizens of the region.

The agreement enables Jacobs to provide engineering services and
technical consultation support work for various C/TEC business
initiatives and projects in these regions, such as the wind power
generation project planned for Montana Mountain.

“Jacobs is committed to developing relationships of mutual understanding
and respect with the Indigenous people of the areas in which we
operate,” said Jacobs Petroleum and Chemicals President Vinayak Pai.
“This agreement marks a significant step for Jacobs in supporting the
First Nations of Canada by extending our capabilities to this new energy
client and by increasing our market share and growth in this sector.

“We’re confident that we can contribute significant value to the
flourishing nation of the C/TFN by leveraging our considerable
experience across Canada, where we have delivered many innovative,
sustainable solutions and significant cost savings for our power
generation and renewables clients.”

Jacobs leads the global professional services sector delivering
solutions for a more connected, sustainable world. With $15 billion in
combined revenue and a talent force more than 74,000 strong, 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.

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.

Contacts

Jacobs Engineering Group Inc.
Kerrie Sparks, 214.583.8433