MONTREAL, Dec. 17, 2020 /CNW Telbec/ - SNC-Lavalin (TSX:
SNC) today announces that EDAROTH—a wholly owned subsidiary of
SNC-Lavalin—has been named as part of the announcement of a new
£47bn developer led framework in the United Kingdom.
EDAROTH (Everybody Deserves A Roof Over Their Head) offers
development management, design and engineering expertise, and the
latest off-site manufacturing techniques, which enable:
- 50% faster build than traditional home development
- 50% reduction in heating costs
- Net zero carbon emissions
- Reclaiming of brownfield sites for local communities
"EDAROTH is an example of how innovation and technology can
enable us to provide better infrastructure solutions to our clients
and communities. We developed this innovative solution having
identified a trend in social and economic issues related to the
future lack of affordable housing," said Ian L. Edwards, President and CEO, SNC-Lavalin
Group Inc. "At the core of EDAROTH are digitally enabled, modern
methods of assembly, that can be adapted to help people across the
world. We are able to take brownfield sites in need of
regeneration and create living spaces to help governments and local
authorities meet housing needs in a sustainable and efficient way.
With the World Economic Forum forecasting that 2 billion new homes
are needed globally by the end of this century, we see great
potential in this offering and are working to revitalize
communities everywhere.''
Under this framework, with public sector framework provider
PABAGO, EDAROTH will have the opportunity to bid for developments
of residential schemes across the UK—including projects which
transform publicly owned brownfield and underutilized land in
existing communities—to create truly affordable homes in areas
where they are most needed.
''A shortage of affordable housing continues to affect
communities, cities and individuals all over the world, and it's a
problem which will only be solved through innovation and new ways
of working,'' said Philip Hoare,
President, Atkins, Engineering, Design & Project Management,
SNC-Lavalin. "We are proud of our place on this framework, which
gives us a great opportunity to deliver homes over and above what
is already possible, and to further develop EDAROTH's offering to
public sector clients."
Once developments are completed, the public sector retains land
ownership giving them essential facilities and a long-term revenue
stream to bolster their finances. EDAROTH unveiled its first
completed social housing development in February 2020, and has already been successful in
securing a place on a $1.7bn housing
framework to provide services.
About SNC-Lavalin
Founded in 1911,
SNC-Lavalin is a fully integrated professional services and project
management company with offices around the world. SNC-Lavalin
connects people, technology and data to help shape and deliver
world-leading concepts and projects, while offering comprehensive
innovative solutions across the asset lifecycle. Our expertise is
wide-ranging—consulting & advisory, intelligent networks &
cybersecurity, design & engineering, procurement, project &
construction management, operations & maintenance,
decommissioning and sustaining capital—and delivered to clients in
four strategic sectors: EDPM (engineering, design and project
management), Infrastructure, Nuclear and Resources, supported by
Capital. People. Drive. Results.
www.snclavalin.com
About EDAROTH
EDAROTH
(www.edaroth.co.uk) offers the latest modern methods
of construction and cutting-edge engineering to deliver quality
affordable housing at speed on local authority and regulated
authority land. This approach prioritizes brownfield and
under-utilized land within existing communities—which are often
considered too difficult or expensive to develop—and sees the
landowner typically retain the land, assets and ongoing rental
income. Everyone Deserves A Roof
Over Their Head.
SOURCE SNC-Lavalin