19:56:58 EDT Sun 28 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 Group to conduct O&M work at CHUM

2024-03-05 09:40 ET - News Release

Mr. Ian Edwards reports

ATKINSREALIS WILL UNDERTAKE THE OPERATIONS AND MAINTENANCE WORK OF ONE OF THE LARGEST HOSPITAL CENTRES IN CANADA

AtkinsRealis (SNC-Lavalin Group Inc.) will undertake the operations and maintenance work at the Centre Hospitalier de l'Universite de Montreal (CHUM), one of the largest hospital centres in Canada. The contract is set within a public private partnership (P3) and will span a 26-year period.

"At AtkinsRealis, the vast scope of work we undertake in the health care sector supports our commitment to communities and is aligned with our purpose," said Ian L. Edwards, president and chief executive officer at AtkinsRealis. "Our operations, maintenance and asset management capabilities, the in-depth knowledge of our local teams, and excellent reputation in project delivery have enabled us to continue to grow our business in this sector across Canada."

The contract will be delivered by the AtkinsRealis operations and maintenance (O&M) team, and will leverage expertise in engineering and project management that include:

  • Maintenance of hospital structure, building systems and support systems;
  • Life cycle (replacement) management of all the equipment under the company's supervision;
  • Use of advanced automation systems to monitor and continue to optimize the CHUM's energy use.

"Our health care system is facing a matrix of urgent problems, and by delivering reliable facilities management services supported by our in-house asset management, engineering and digital specialists, we help authorities focus on delivering care to patients," said Stephanie Vaillancourt, president, Canada, at AtkinsRealis. "This contract reflects our commitment to delivering top-notch operations and maintenance solutions that enhance the operational efficiency of health care infrastructure. It will also increase our presence in the hospital segment of the Canadian P3 market and the backlog for AtkinsRealis."

AtkinsRealis manages the operation and maintenance work of many hospital infrastructures across Canada, including:

  • Toronto Center for Addiction and Mental Health;
  • Restigouche Hospital Center;
  • Gander and Grand Falls-Windsor Long Term Care Sites;
  • The McGill University Health Centre (MUHC);
  • North Battleford Hospital in Saskatchewan.

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. 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 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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