MONTREAL, May 1, 2012 /CNW Telbec/ - SNC-Lavalin (TSX: SNC)
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.
SOURCE SNC-LAVALIN