MONTREAL, March 8, 2017 /CNW Telbec/ - SNC-Lavalin
(TSX: SNC) is pleased to announce that is has been awarded an
engineering contract by the Illinois Department of Transportation,
which has commissioned the company's Rail & Transit team to
provide Fleet Management services. These include the oversight of
maintenance and operation for a pool of Next-Generation High Speed
rail equipment.
The contract has an initial term of three years, valued at
$4.8M USD. There are also two
additional three year options, with a combined value of
$14M USD.
The new fleet will consist of at least 33 new locomotives and up
to 88 new bi-level cars. These will replace the current equipment,
which is leased from a different service provider. The equipment
purchased will be jointly owned by the states of Illinois, Michigan, Missouri and Wisconsin.
"We are proud to have been awarded this project, which draws
upon our extensive Fleet Management experience," said Kevin George, Vice-President, Rail & Transit
Engineering in North America,
SNC-Lavalin. "The United States is
a key growth area for Rail & Transit and we're delighted to be
providing expertise in the region."
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 engineering, procurement, construction,
completions and commissioning services together with a range of
sustaining capital services to clients in four industry sectors:
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