01:51:25 EDT Mon 29 Apr 2024
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SNC-Lavalin Group Inc
Symbol ATRL
Shares Issued 175,554,252
Close 2024-03-04 C$ 53.26
Market Cap C$ 9,350,019,462
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SNC-Lavalin wins engineering contract with Georgia DOT

2024-03-04 09:02 ET - News Release

Mr. Ian Edwards reports

ATKINSREALIS CONTINUES DECADES-LONG GEORGIA DEPARTMENT OF TRANSPORTATION SUPPORT WITH $40 MILLION US ENGINEERING SERVICES CONTRACT

SNC-Lavalin Group Inc. (AtkinsRealis) has been awarded a contract to provide general engineering services (GES) for the Georgia Department of Transportation (Georgia DOT). AtkinsRealis has been supporting Georgia DOT with on-call professional services since 2000 and currently holds 10 such contracts statewide.

"Our successful track record supported by our full range of architectural, design and engineering services is why our long-standing clients continue to entrust us with delivering transportation systems focused on innovation, safety, sustainability and mobility," said Ian L. Edwards, president and chief executive officer of AtkinsRealis.

Under the $40-million (U.S.) indefinite delivery/indefinite quantity (IDIQ) contract, AtkinsRealis will provide on-call engineering design services and additional engineering support services as needed. The contract is for three years, with an option to extend it to five years.

In Georgia DOT's Region 3, the state's coastal plain region, AtkinsRealis has 23 active projects that are expected to progress to final design under this new contract. The Region 3 GES contract covers 65 counties, encompassing nearly 60 per cent of the state. Spanning such a large area, the region presents a wide range of land use conditions, a diverse set of local community and metropolitan planning organizations, variable geologic conditions, coastal hydraulics, and dynamic environmental concerns. Projects in the region include capacity, operational and safety improvements that support the movement of people, goods and services across Georgia.

"Our vast transportation expertise enables us to anticipate potential pitfalls and accelerate project deliverables to maximize investments in infrastructure no matter the environment," said Steve Morriss, president, United States, Latin America, and minerals and metals, AtkinsRealis. "We've been designing solutions in Georgia since 1973, and, during those 50 years, we have worked to develop the department's trust as a delivery partner."

AtkinsRealis has built a strong reputation of providing general engineering services to state departments of transportation and transportation authorities in Colorado, Florida, Georgia, New Jersey, North Carolina and Texas.

About SNC-Lavalin Group Inc. (AtkinsRealis)

Created by the integration of long-standing organizations dating back to 1911, AtkinsRealis 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. The company 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 the company's capabilities are delivered to clients in strategic sectors such as engineering services in key regions (Canada, the United States, the United Kingdom, as well as Asia, the Middle East and Australia), nuclear and capital.

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