16:35:28 EDT Sun 28 Apr 2024
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SNC-Lavalin Group Inc
Symbol ATRL
Shares Issued 175,554,252
Close 2024-03-19 C$ 56.18
Market Cap C$ 9,862,637,877
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SNC-Lavalin wins Fla. emergency mgmt services contract

2024-03-20 10:41 ET - News Release

Mr. Ian Edwards reports

ATKINSREALIS PROVIDING HURRICANE IDALIA EMERGENCY MANAGEMENT ASSISTANCE IN FLORIDA

AtkinsRealis (SNC-Lavalin Group Inc.) has been awarded a public assistance grant management services contract by Florida's Division of Emergency Management (FDEM) to manage relief funding in support of Hurricane Idalia recovery efforts and community response, as well as the implementation of measures to mitigate future hazards.

"The pace of climate change's impact on the natural and built environment is accelerating, unfortunately -- we've prepared for this by ensuring that we have disaster response expertise across North America, enabling us to advise clients on how best to expedite and allocate available emergency funding for rapid recovery, and investments in future climate resilience," said Ian L. Edwards, president and chief executive officer, AtkinsRealis.

AtkinsRealis is providing technical assistance (TA), public assistance (PA) and grant management services in 21 Florida counties on behalf of FDEM under the multiyear contract. The company's comprehensive knowledge of the Federal Emergency Management Agency's (FEMA) PA program and on-site senior-level TA professionals will significantly benefit applicants identifying and filing for eligible recovery projects from Hurricane Idalia. AtkinsRealis has supported the State of Florida following every major storm and disaster since 1992, when Hurricane Andrew damaged and destroyed nearly 200,000 homes in South Florida. The company has distributed over $50-billion (U.S.) in grant management support funding and facilitated oversight on more than 50,000 projects nationwide since 2005.

"AtkinsRealis is an industry leader in providing comprehensive recovery and postdisaster services," said Steve Morriss, president, United States, Latin America, and minerals and metals, AtkinsRealis. "We've stood at the helm of emergency response in Florida for more than 30 years, and with nearly one-third of our nationwide staff residing in the Sunshine State, we are uniquely positioned and experienced to administer FEMA programs to our local communities in need."

Hurricane Idalia was a Category 3 storm that caused widespread flooding in both Florida and Georgia in August, 2023 -- storm damages have been estimated between $2-billion (U.S.) and $5-billion (U.S.).

AtkinsRealis currently provides PA support to Florida for Hurricane Ian recovery and COVID-19. The company has provided FEMA public assistance, individual assistance and hazard mitigation assistance program support at all levels of government, from project initiation through closeout. AtkinsRealis's strong emphasis on project management enables efficient and rapid response to extreme events that span from wildfires in California and Hawaii, to flooding in Colorado and across the south, and from major winter storms in the northeast, to severe weather along the Gulf and Atlantic coasts.

About SNC-Lavalin Group Inc.

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. It 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 key strategic sectors such as engineering services in key regions (Canada, the United States and the United Kingdom, as well as Asia, the Middle East and Australia), nuclear and capital.

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