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Bird Construction Inc T.BDT

Alternate Symbol(s):  BIRDF

Bird Construction Inc. is a Canadian construction and maintenance company operating from coast-to-coast-to-coast. The Company provides a range of construction services from new construction for industrial, infrastructure and institutional markets; to industrial maintenance, repair and operations (MRO) services, heavy civil construction and mine support services; as well as vertical infrastructure including, electrical, mechanical, and specialty trades. The Company uses a variety of contract delivery methods, including construction management, cost plus, integrated project delivery (IPD), alliance, progressive design build, stipulated sum, unit price, standard specification design-build, alternative finance projects, complex design-build, and public private partnership (PPP) contract delivery methods. It specializes in civil infrastructure construction across a wide array of projects, such as airports, seaports, rail, bridges and structures, earthworks, energy projects, and utilities.


TSX:BDT - Post by User

Post by divime1on Oct 06, 2021 7:38am
100 Views
Post# 33972422

NEWS . Three more contracts .

NEWS . Three more contracts .

MISSISSAUGA, ONOct. 6, 2021 /CNW/ - Bird Construction Inc. ("Bird") announced today that it will participate in three Integrated Project Delivery ("IPD") contracts in Western Canada with a combined value in excess of $150 million, providing construction services from early planning through construction and commissioning.

Bird has been given a limited notice to proceed as the constructor for a substantial food and beverage facility expansion project that will be executed using an IPD contract model. Bird was previously chosen as the First Negotiation Proponent for the project and will continue to work with the client and other parties to form the multi-party agreement while early planning activities are underway.

Bird also announces that it has been selected as the successful proponent for the Okanagan Indigenous Band ("OKIB") water system upgrade project. This is the first IPD project in Canada for an Indigenous owner group. This project will provide clean drinking water for the Indigenous community working with local trade contractors and local Indigenous workers.

Additionally, Bird has been selected as the successful IPD General Contractor proponent for the North Okanagan Wastewater Recovery Project ("NOWRP"). The project will replace aging septic systems and provide sewer service to the Township of Spallumcheen's industrial area, and residents and businesses in Regional District of North Okanagan ("RDNO") and parts of OKIB.

These projects will be recorded in pending backlog until purchase orders are issued by the clients for the full value.

IPD is a contracting method that promotes parties, usually including the owner, consultants, general contractor and sometimes subcontractors and suppliers, to work together in a collaborative setting. The IPD model aligns incentives for the partners through terms that incentivize the achievement of project goals and provide full transparency regarding project costs. Leading the construction activities for both projects, Bird will provide input into the planning and design processes to support and contribute to their successful planning and delivery.    

"We are excited to have the opportunity to partner with these new and important clients that serve and support Canadians in key sectors: food and beverage production; and access to clean water. Bird's strong reputation for collaboration and process-driven project execution has positioned us as industry leaders in the delivery of IPD projects, which will allow us to contribute to the safe and successful delivery of these important projects," said Teri McKibbon, President and CEO of Bird. "A key focus of our new 2022-2024 Strategic Plan is to increase the proportion of collaborative contracting projects. Over the past few years, our team has successfully built our IPD expertise and we have executed a number of projects under this contracting method. I am very pleased with the positive results we have seen to date and look forward to building on our success going forward. These projects contribute to our geographically balanced work program and position us to continue to build long-term shareholder value.'"

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