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Two Colas Canada companies secure 300 million CAD in contracts for the construction and maintenance of the Southwest Calgary Ring Road in Alberta Boulogne, May 29, 2017 The Southwest Calgary Ring Road (SWCRR) Project, a PPP awarded to Mountain View Partners (MVP)1, involves the construction and maintenance of 31 km of 6- to 8-lane highway, 14 interchanges, 47 bridges and a tunnel. Alberta Highway Services Ltd (AHSL), a Colas Canada company and subconsultant to the MVP consortium, has secured the maintenance contract for the section under construction. The contract, which will run up to 2051, amounts to 204 million Canadian dollars². AHSL is renowned for its expertise, boasting 22 years of experience on a number of maintenance and winter maintenance contracts involving roads and highways throughout the province of Alberta. Standard General Calgary, another Colas Canada company that has been a leader in road construction in the city of Calgary for more than 75 years, was contracted by the Design and Build Consortium of KGL Constructors1 to manufacture and apply all the asphalt concrete required by the project, i.e., some one million tons, for a total of 95 million Canadian dollars. The work has started, with completion scheduled for October 2021. ¹ Mountain View Partners is a consortium comprising: Kiewit Mountain View Partners Investors Inc., Meridiam Infrastructure Mountain View ULC, CC&L MVP Holdings Ltd, LMVP Limited Partnership. KGL Constructors is a consortium comprising: Kiewit Management Co., Graham Infrastructure LP, Ledcor CMI Ltd. Operations Period Maintenance performed by: Alberta Highway Services Ltd., a Colas Canada Inc. company. ² 2016 Value The Colas Group (www.colas.com) Colas, a subsidiary of the Bouygues Group, is a world leader in the construction and maintenance of transport infrastructure, aiming to meet the challenges of mobility, urban development and environmental protection. With 55, 000 employees in more than 50 countries on five continents, the Group performs some 90, 000 projects each year via 800 construction business units and 2, 000 material production units. In 2016, consolidated revenue at Colas totaled 11.0 billion euros (48% outside of France). Net profit attributable to the Group amounted to 355 million euros. |
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