12:48:11 EDT Tue 14 May 2024
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SNC-Lavalin Group Inc
Symbol ATRL
Shares Issued 175,554,252
Close 2023-09-27 C$ 44.57
Market Cap C$ 7,824,453,012
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SNC-Lavalin to design Florida expressway extension

2023-09-28 09:15 ET - News Release

Mr. Ian Edwards reports

ATKINSREALIS TO DESIGN CENTRAL FLORIDA EXPRESSWAY EXTENSION

SNC-Lavalin Group Inc. has won a design and support contract with the Central Florida Expressway Authority (CFX) for a state road extension near Orlando.

"Modernizing transport infrastructure by using innovative design and building techniques is one way we leverage our expertise to support the communities served by safe and efficient roadways, and it is also how we deliver projects to clients on time and on budget," said Ian L. Edwards, president and chief executive officer, SNC-Lavalin.

Under the 6.5-year, $21-million (U.S.) design-bid-build contract, SNC-Lavalin will design an elevated 4.5-kilometre, four-lane toll road above the median of the existing roadway. Design innovations and accelerated bridge construction techniques implemented by SNC-Lavalin created substantive construction cost savings for CFX on the 58-span elevated expressway. Additionally, 3-D modelling, and renderings created by SNC-Lavalin's Global Technology Center (GTC), streamline the construction schedule and reduce the project's carbon footprint. The new roadway will provide congestion relief along the heavily travelled corridor.

"Our data-driven approach to design and scheduling, guided by our highly skilled people and their innovative ideas, led the winning selection," said Steve Morriss, president, engineering services, U.S., SNC-Lavalin. "Our specialized expertise combined with leading-edge industry technology enables us to provide our clients with exceptional engineering analysis and value."

Using SNC-Lavalin's global design framework, up to 200 staff members will collaborate on the project providing world-class design for CFX's largest project in its five-year work program.

About SNC-Lavalin Group Inc.

Created by the integration of long-standing organizations dating back to 1911, SNC-Lavalin is a world-leading professional services and project management company dedicated to engineering a better future for the planet and its people. The company creates sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. It deploys global capabilities locally to its clients and delivers unique end-to-end services across the whole life cycle of an asset, including consulting, advisory and environmental services, intelligent networks and cybersecurity, design and engineering, procurement, project and construction management, operations and maintenance, decommissioning, and capital. The breadth and depth of SNC-Lavalin's capabilities are delivered to clients in key strategic sectors such as engineering services, nuclear, operations and maintenance, and capital.

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