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SNC-Lavalin ProFac to manage Standard Life’s portfolio

SNC-Lavalin ProFac Inc., a wholly owned subsidiary of SNC-Lavalin, Canada's biggest engineering firm, has been awarded a contract by The Standard Life Assurance Company of Canada to provide facility management services for its investment real estate portfolio. The five-year contract begins on January 1, 2008, with options for renewals.

SNC-Lavalin ProFac was selected by Standard Life to improve services, optimize building operations and deliver cost-savings for its 70 facilities in the Life Account real estate portfolio.

The new contract calls for SNC-Lavalin ProFac to take over the operations and maintenance of approximately eight million square feet (about 800,000 m˛) of real estate.



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