00:36:35 EDT Sat 20 Apr 2024
Enter Symbol
or Name
USA
CA



Bird Construction Inc
Symbol BDT
Shares Issued 42,516,853
Close 2019-12-20 C$ 6.75
Market Cap C$ 286,988,758
Recent Sedar Documents

Bird to build seven LRT stations in Ottawa

2019-12-20 17:19 ET - News Release

Mr. Terrance McKibbon reports

BIRD CONSTRUCTION INC. ANNOUNCES THE EXECUTION OF A SUBCONTRACT FOR THE CONSTRUCTION OF STATIONS AND A LIGHT RAIL MAINTENANCE FACILITY WITH THE CONSORTIUM CONTRACTED TO THE CITY OF OTTAWA TO DESIGN, BUILD AND FINANCE THE CONFEDERATION LINE EXTENSION LIGHT RAIL TRANSIT PROJECT IN OTTAWA, ONTARIO

Bird Construction Inc. has executed a subcontract with East-West Connectors, the consortium contracted by the City of Ottawa to design, build and finance the stage 2 Confederation Line extension project in Ottawa, Ont. Bird will construct seven of the 16 Confederation Line stage 2 light rail transit stations, and one light maintenance and storage facility.

The stage 2 Confederation Line East and West extensions represent a significant advancement of commuter travel in the Greater Ottawa Area and is being financed by all three levels of government. Substantial completion of the East extension is expected in 2024 with the West extension to achieve substantial completion in 2025.

"Bird will celebrate its 100th year as a Canadian company in 2020 and is proud to be part of a marquis project in our nation's capital. As part of our ongoing diversification strategy, Bird has developed expertise in the construction of the vertical elements of rail transit systems, and this project leverages our core competencies in this market," said Terrance McKibbon, president and chief executive officer of Bird.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.