MONTREAL, Oct. 2, 2017 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that the Rideau Transit Group Partnership ("RTG") has signed a contract with the City of Ottawa for the expansion of a maintenance and storage facility located at Belfast Road for Stage 2 of the Confederation Line. Worth approximatly $106 million, including the value of the Early Work Package Variation Directives, which allowed preliminary work to start last April, this variation of the Original Project Agreement is part of the fixed price Memorandum of Understanding (MOU) ratified by RTG with the City of Ottawa on March 24th, 2017 for a portion of Stage 2 of the Confederation Line for $492 million.
RTG responsibilities as part of this new contract include:
The remaining scope of work elements to be finalized under the Stage 2 project includes the maintenance and rehabilitation of the additional vehicles, facilities and the East-West expanded alignment, throughout their lifecycle, and interface and design management services to the City for maintainability.
The RTG is a consortium composed of SNC-Lavalin, ACS Infrastructure Canada Inc. and EllisDon. The consortium is currently delivering Stage 1 of the Confederation Line in Ottawa.
The Confederation Line is a sustainable and affordable rapid transit solution that will get passengers to their destination more quickly, and significantly relieve pressure on Ottawa's existing public transit system, including its bus infrastructure. The Stage 2 work began in May 2017 with the provision of procurement support services and preparatory works at Belfast Yard Maintenance and Storage Facility. That expansion is slated for completion at the end of 2018.
For over 40 years, SNC-Lavalin's rail and transit solutions have helped people around the world reach their destination quickly and efficiently. Whether upgrading existing transit networks or building new ones, the company hasthe unique expertise and capability to take on mandates of any size and complexity across the full life cycle?from arranging financing, to engineering, construction and operations and maintenance. Learn more in this white paper on how Urban Transit Projects Are Shaping The Growth Of Canadian Cities.
About SNC-Lavalin
Founded in 1911, SNC-Lavalin is a global fully integrated professional services and project management company and a major player in the ownership of infrastructure. From offices around the world, SNC-Lavalin's employees are proud to build what matters. Our teams provide comprehensive end-to-end project solutions ? including capital investment, consulting, design, engineering, construction, sustaining capital and operations and maintenance ? to clients in oil and gas, mining and metallurgy, infrastructure and power. On July 3, 2017, SNC-Lavalin acquired Atkins, one of the world's most respected design, engineering and project management consultancies. www.snclavalin.com
SOURCE SNC-Lavalin
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