Grande West's Vicinity Awarded Georgia State Transportation Contract
VANCOUVER, July 3, 2018 /CNW/ - Grande West Transportation Group Inc. (TSXV: BUS; OTC PINK: GWTNF) ("Grande West" or the "Company"), a Canadian manufacturer of mid-sized multi-purpose transit vehicles for sale in Canada and the United States, is pleased to announce that Alliance Bus Group ("ABG") has been awarded a state contract to purchase in the Georgia State Public Mass Transit & Transportation bid.
Grande West's U.S. distributor, ABG was successful in winning the Georgia State bid for the Vicinity 30' and 35' heavy-duty vehicles. The contract allows for all transportation authorities state-wide to purchase Vicinity buses with Federal funding as well as all public agencies nationally to purchase with local funding. The contract is managed by Georgia's Department of Administrative Services State Purchasing Division (SPD). The SPD oversees the procurement functions for the State of Georgia and manages all policies related to procurement. SPD negotiates Statewide Contracts and provides technical assistance to State Entities in conducting and evaluating entity-specific competitive bids.
Douglas Dunn, CEO of Alliance Bus Group stated, "It's an exciting time for us at ABG having recently increased our bid activity for the Buy America Vicinity. With ABG being headquartered in Georgia, we have a long history of working with state organizations and their transit requirements. We look forward to building on the strong score of this winning bid as there are many other agencies across the country that will benefit from the outstanding Vicinity and its lower capital and operating costs."
Jean-Marc Landry, CEO of Grande West commented, "We are very pleased with the results of the Georgia State bid. Grande West's Vicinity rated with the highest technical score and the lowest cost in its class. It's our view that the mid-size heavy-duty bus market presents a major opportunity to Right-Size fleets in the U.S., and the Georgia State contract is another step towards our expansion into the U.S. market."
About Grande West Transportation Group
Grande West is a Canadian company that designs, engineers and manufactures mid-size multi-purpose transit vehicles for public and commercial enterprises. Grande West's Best-in-Class heavy-duty Vicinity bus is available in 27.5, 30 and 35 foot models powered by clean diesel or CNG designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, is more maneuverable, burns less fuel and emits less harmful emissions. Grande West will soon be offering a new product which will be the first Crossover Vehicle in the transit space - a medium-duty, monocoque-designed rear engine vehicle.
The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in many Canadian transit agencies. Grande West is compliant to Buy America certification, and along with Alliance Bus Group ("ABG"), its exclusive US distributor, is actively pursuing opportunities in public and private transit fleet operations that would benefit from Grande West's vehicles.
For further information please contact:
Grande West Transportation
John LaGourgue
VP Corporate Development
Ph: 1-604-607-4000
[email protected]
www.grandewest.com
Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the use of proceeds from the Private Placement, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from Grande West's expectations include uncertainties relating to the receipt of final approval from the TSX-V; and other risk and uncertainties disclosed in Grande West's reports and documents filed with applicable securities regulatory authorities from time to time. Grande West's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Grande West assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.
SOURCE Grande West Transportation Group Inc.
Grande West Transportation, John LaGourgue, VP Corporate Development, Ph: 1-604-607-4000, [email protected], www.grandewest.com
Share this article