Jun 27, 2017   SOURCE: PR NewsWire

City of Ottawa and Rideau Transit Group Partnership sign contract agreement to extend existing contractual arrangements

Confederation Line Stage 2

MONTREAL, June 27, 2017 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that the City of Ottawa has exercised the option, under the current contract, to utilize equipment continuity, knowledge and cost efficiencies, and has signed a fixed-price variation agreement worth $349 million with Rideau Transit Group Partnership ("RTG") for the rolling stock and onboard equipment for Stage 2 of the Confederation Line. This contract is part of the Memorandum of Understanding (MOU) ratified by RTG with the City of Ottawa on March 24(th), 2017 for a portion of Stage 2 of the Confederation Line for $492 million.

The RTG is a consortium composed of SNC-Lavalin, ACS Infrastructure Canada Inc. and EllisDon. The consortium is currently delivering Stage 1 of the Confederation Line in Ottawa and will extend its existing contractual arrangement for Stage 2.

"We are proud that the City of Ottawa has extended our scope to ensure the growth of the project and has entrusted us to maintain the Confederation Line's core assets until 2048", said Chantal Sorel, Managing Director, Capital, SNC-Lavalin.

Signed contracts for the project components and services that will be delivered by SNC-Lavalin and its partners include:

    --  delivery of 38 additional light rail vehicles assembled at Belfast Yard
        Maintenance, Administration and Storage Facility
    --  assistance to the City during their procurement process

The remaining scope of work elements to be finalized includes:

    --  expansion of Belfast Yard Maintenance, Administration and Storage
        Facility (MSF)
    --  maintenance of the additional vehicles and facilities throughout their
        lifecycle
    --  civil maintenance on the Confederation Line extensions
    --  supply of specialized communications equipment and
    --  interface and design management for maintainability

"Our extensive experience and knowledge on Light Rail Transit projects as well as our success on Confederation Line Stage 1 is a testament to our ability to bring smart, strategic procurement and technical solutions that create economies of scale for our clients", said Ian Edwards, President, Infrastructure, SNC-Lavalin.

The Confederation Line is a sustainable and affordable rapid transit solution that will get passengers to their destination more quickly, and significantly relieve pressure on Ottawa's existing public transit system, including its bus infrastructure. The Stage 2 work began in May with the provision of procurement support services and preparatory works at Belfast Yard MSF. That expansion is slated for completion at the end of 2018.

For over 40 years, our Rail & Transit solutions have helped people around the world reach their destination quickly and efficiently. Whether upgrading existing transit networks or building new ones, we have the unique expertise and capability to take on mandates of any size and complexity across the full life cycle--from arranging financing, to engineering, construction and operations and maintenance. Learn more in our white paper on how Urban Transit Projects Are Shaping The Growth Of Canadian Cities.

About SNC-Lavalin

Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin's employees are proud to build what matters. Our teams provide EPC and EPCM services to clients in a variety of industry sectors, including oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions.www.snclavalin.com

SOURCE SNC-Lavalin