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Last updated on April 19, 2014 at 18:42 EDT

SNC-Lavalin consortium awarded Evergreen Line rapid transit project in Metro Vancouver

January 31, 2013

MONTREAL, Jan. 31, 2013 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) is pleased
to announce that its consortium, EGRT Construction, has signed a
design, build and finance agreement with the Province of British
Columbia for the Evergreen Line rapid transit project in Metro
Vancouver. EGRT Construction is led by SNC-Lavalin Constructors
(Pacific) Inc., the design-build contractor, and includes a joint
venture between SNC-Lavalin Constructors (Western) Inc. and Graham
Building Service.

The Evergreen Line will link the Tri-Cities area to the existing
Millennium Line for the first time through rapid transit. The new
system is expected to support community growth and development along
the route and near the stations by providing better transit connections
between regional centres and downtown Vancouver.

The construction cost for the Evergreen Line is estimated at $889
million. EGRT Construction will be responsible for the construction of
elevated and at-grade guideways, a two-kilometre bored tunnel, seven
stations, power substations, train operating systems, parking
facilities, and a vehicle storage and light maintenance facility.

“We are honoured to have been selected for a project which will greatly
enhance Metro Vancouver’s world-class mass transit network,” said
Robert Card, President and CEO, SNC-Lavalin Group Inc. “We are also
pleased to be working with the Government of BC to once again deliver a
sustainable rapid transit system that will link communities in the
northeast sector to downtown Vancouver.”

Work on the Evergreen Line will begin in February 2013, with completion
expected for the summer of 2016.

SNC-Lavalin is one of the leading engineering and construction groups in
the world and a major player in the ownership of infrastructure, and in
the provision of operations and maintenance services. Founded in 1911,
SNC-Lavalin has offices across Canada and in over 40 other countries
around the world, and is currently working in some 100 countries. www.snclavalin.com

SOURCE SNC-LAVALIN


Source: PR Newswire