AtkinsRéalis Joint Venture has entered into an Alliance Development Agreement to Deliver a New Transit Hub in Toronto

MONTREAL, Jan. 8, 2024 /CNW/ - AtkinsRéalis [SNC-Lavalin Group Inc.] (TSX: ATRL), a fully integrated professional services and project management company with offices around the world, and Bird Construction, have entered into an alliance development agreement to work collaboratively with Metrolinx to deliver the East Harbour Transit Hub: a new interchange station that is part of a broader transit-oriented community plan for Toronto. AtkinsRéalis is partnered with Bird under the Rail Connect (RC) Partners joint venture.

Under the alliance development agreement, services include optimizing the design solution, preparing detailed estimates for resources, costs and schedules, preparing a Project Proposal, finalizing the Project Alliance Agreement, and performing Early Works.

"The alliance development agreement represents a significant development for us in how we execute large projects without a fixed price contract model; we are thrilled to work closely with our alliance partners to apply this collaborative model to deliver an exciting new regional transportation hub," said Ian L. Edwards, President and Chief Executive Officer, AtkinsRéalis. "We are proud to contribute to improving transportation links in the Greater Toronto Area and developing innovative solutions to improve accessibility for commuters."

The East Harbour Transit Hub will support local transit needs in the community and regional connectivity, through the incorporation of the GO Train, Ontario Line subway and future Toronto Transit Commission (TTC) light rail transit. Service levels planned as part of GO Expansion would see a GO train arriving as frequently as every five minutes. 

About AtkinsRéalis   

Created by the integration of long-standing organizations dating back to 1911, AtkinsRéalis is a world-leading professional services and project management company dedicated to engineering a better future for our planet and its people. We create sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. We deploy global capabilities locally to our clients and deliver unique end-to-end services across the whole life cycle of an asset including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital. The breadth and depth of our capabilities are delivered to clients in key strategic sectors such as Engineering Services, Nuclear, Operations & Maintenance and Capital. News and information are available at www.atkinsrealis.com or follow us on LinkedIn. 

SOURCE AtkinsRéalis

Media, Harold Fortin, Senior Director, Global External Communications, [email protected]; Investors, Denis Jasmin, Vice President, Investor Relations, 514-393-8000, ext. 57553, [email protected]