SNC-Lavalin awarded contract to provide EPC to AltaLink
May 01 2012 - 8:00AM
PR Newswire (Canada)
MONTREAL, May 1, 2012 /CNW Telbec/ - SNC-Lavalin is pleased to
announce that, following an open and competitive process, it has
been awarded a contract by AltaLink L.P. to provide engineering,
procurement and construction (EPC) for portions of upcoming
transmission infrastructure projects in Alberta. Previous to this
award, SNC-Lavalin was providing EPC services to AltaLink under a
Master Services Agreement which was to expire on May 2,
2012. In May, 2011, AltaLink L.P. initiated a competitive
process for a new contract. SNC-Lavalin was awarded a portion of
the new contract following a successful Request For Proposal
submission. An independent fairness advisor oversaw the process and
reports that it was fair to all participants. "We are proud to have
successfully competed for this new contract," said Patrick Lamarre,
Executive Vice-President, SNC-Lavalin Group Inc., "and we are
pleased to have been able to demonstrate value for money through
our proposal. This further demonstrates that we have a competitive
value proposition for all of our transmission and distribution
clients and further strengthens our track record of delivery." The
contract is to deliver EPC for transmission lines and substations
over a five-year period based on project need assessments and
permitting. 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. 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. SNC-LAVALIN CONTACT:
Media:Leslie QuintonVice-President, Global Corporate
CommunicationsSNC-Lavalin Group Inc.514-390-8000, ext.
7354leslie.quinton@snclavalin.comInvestors:Denis
JasminVice-President, Investor RelationsSNC-Lavalin Group
Inc.514-390-8000, ext. 7553denis.jasmin@snclavalin.com
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