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Bullboard - Stock Discussion Forum Stantec Inc T.STN

Alternate Symbol(s):  STN

Stantec Inc. is a Canada-based sustainable design and engineering company. The Company is a provider of comprehensive professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company's segments include Canada, United States and Global. Its services include engineering, architecture, interior design, landscape architecture, surveying... see more

TSX:STN - Post Discussion

Stantec Inc > Stantec selected by BC Hydro
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Post by Betteryear2 on Apr 30, 2024 11:23am

Stantec selected by BC Hydro

EDMONTON, Alberta, NEW YORK and VANCOUVER, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE:STN

Stantec, a global leader in sustainable design and engineering, has been selected by BC Hydro & Power Authority (BC Hydro) to provide transmission and distribution engineering as well as project delivery services for the electrical infrastructure in British Columbia, Canada. The initiative is part of BC Hydro’s 10-year capital plan to modernize its electrical grid and provide reliable energy while driving the clean energy transition forward in the province.

The CAD$186-million master services agreement (MSA) between Stantec and BC Hydro is initially termed for seven years, with a potential total term of up to 20 years. Stantec will supply transmission and distribution services along with substation design, including electrical, mechanical, civil, structural, and geotechnical engineering services. Stantec will also oversee project management, scheduling, cost control, procurement, and contract management, as well as materials management, equipment management, and logistics.

Stantec selected by BC Hydro to provide Transmission & (globenewswire.com)

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