NEWS
Bird Construction receives contracts totalling $135M
2021-05-05 20:07 ET - News Release
Mr. T.L. McKibbon reports
BIRD CONSTRUCTION INC. ANNOUNCES CIVIL INFRASTRUCTURE PROJECT AWARDS VALUED AT APPROXIMATELY $135 MILLION
Bird Construction Inc. has been awarded two contracts for civil works on two separate sites: an existing project site in northwestern British Columbia and a site in Northern Alberta. The combined value of the contracts awarded is approximately $135-million.
At the existing project site in northwestern British Columbia, the contracted work includes the construction of two storm and effluent ponds, primarily leveraging Bird's own forces to complete the substantial earthworks, piping and concrete placement. The complex works will be executed over an 18-month period, and will be supported through Bird's growing self-perform capabilities and its strong familiarity with the site. Bird's sustained presence in this region has led to strong relationships with local indigenous communities and forging of partnerships for training, procurement and employment.
"This project award reflects our extensive industrial experience and the demonstrated operational excellence throughout the years working on this site. I am pleased to see this translate to an increase to Bird's work programs and to a sizable contribution to our robust backlog," said Teri McKibbon, president and chief executive officer of Bird.
In Northern Alberta, the lump sum contract includes construction of an overpass that will facilitate access to the ore preparation plant from the mine. Installation of the cast-in-place concrete structure will be supported by substantial earthworks and a high-voltage electrical relocation.
Through a collaborative approach with the client during the early planning stages, Bird provided constructability analysis to ensure optimized, safe and effective execution. This project award demonstrates the strength of Bird's self-perform capabilities that have been further enhanced through the acquisition of Stuart Olson.
"With the current strength and confidence in resource prices, coupled with our reputation for unparalleled client services and strong execution, we are seeing an increase in opportunities come available in Western Canada. The announcement today illuminates the value of our Stuart Olson acquisition and demonstrates the benefits from cross-selling the combined capabilities of Stuart Olson and Bird to deliver a higher-value proposition to our long-standing clients," said Mr. McKibbon. "The company is well positioned to benefit from stronger resource prices in Western Canada, and we remain focused on our commitment to deliver sustainable, profitable growth and build long-term shareholder value."