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SNC SNC Lavalin Group Inc

43.49
0.00 (0.00%)
17 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
SNC Lavalin Group Inc TSX:SNC Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 43.49 43.31 43.57 0 01:00:00

SNC-Lavalin chosen by New Brunswick for Restigouche Hospital PPP

09/10/2011 10:24pm

PR Newswire (Canada)


SNC Lavalin (TSX:SNC)
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MONTREAL, Oct. 11, 2011 /CNW Telbec/ - SNC-Lavalin is pleased to announce that the Rainbow Hospital Partnership, a general partnership wholly-owned by SNC-Lavalin, has been awarded a public-private partnership (PPP) contract by the Government of New Brunswick for the design, construction, commissioning, financing and certain operation and maintenance functions of the new Restigouche Hospital Centre for psychiatric care in Campbellton, New Brunswick. The new hospital, which will be designed to meet Leadership in Energy and Environmental Design (LEED) Silver specifications, will be built by an SNC-Lavalin Construction-led joint venture with a wholly owned subsidiary of Bird Construction Inc. It will have 140 beds in seven in-patient units, and facilities for education and research, clinical support, and administration and general support services. It will also serve as the forensic psychiatry facility for the province. SNC-Lavalin Operations & Maintenance will provide operations and maintenance services for the centre for a total of 30 years. "This contract further expands our growing portfolio of PPP contracts," said Gilles Laramée, Executive Vice-President and CFO, SNC-Lavalin Group Inc. "Our ongoing mandates include roads, bridges, a state-of-the-art acoustic concert hall and an ultra-modern hospital complex." "We have been active in this province on various infrastructure projects for many years," said Riadh Ben Aïssa, Executive Vice-President, SNC-Lavalin Group Inc. responsible for the company's Infrastructure & Construction group. "This contract reflects our expertise in the rapidly growing healthcare sector, and we're looking forward to providing a modern, sustainable hospital to better serve the people of New Brunswick." Work is already underway and the centre is scheduled to open in 2014. "We have a proud history in New Brunswick, with over 100 employees working in our Customer Support Centre in Campbellton," said Charlie Rate, Executive Vice-President, SNC-Lavalin Group Inc. responsible for its global O&M activities.  "Our long-term involvement with the Restigouche Hospital Centre as O&M provider will provide an opportunity for us to further deepen our roots in the area and continue to deliver exceptional levels of operations and maintenance services." 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 35 other countries around the world, and is currently working in some 100 countries. In business since 1911, the Company celebrates its 100(th) anniversary in 2011. www.snclavalin.com.  SNC-LAVALIN CONTACT: ___________________________________________________________________|Media: |Investors: ||________________________________|__________________________________||Leslie Quinton |Denis Jasmin ||Vice-President, Global Corporate|Vice-President, Investor Relations||Communications |SNC-Lavalin Group Inc. ||SNC-Lavalin Group Inc. |514-390-8000, ext. 7553 ||514-390-8000, ext. 7354 |denis.jasmin@snclavalin.com ||leslie.quinton@snclavalin.com | ||________________________________|__________________________________|

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