MONTREAL, April 17,
2024 /CNW/ - AtkinsRéalis [SNC-Lavalin Group Inc.]
(TSX: ATRL), a fully integrated professional services and project
management company with offices around the world, has been named as
lead provider for a £780 million UK professional services
framework.
From April 2024, AtkinsRéalis will
provide multi-disciplinary services including project and program
management, advisory, and design and engineering on Lot 1 of
the framework from Pagabo as sole provider, worth up to £500
million to the business. This will enable more than 2,000 public
sector organizations across England, Wales and Northern
Ireland to access AtkinsRéalis' services via direct award
across a range of markets, including: Central and Local Government,
Defence, Health, Transportation, Infrastructure, Nuclear, Power
& Renewables and Water & Environment. The term of the
framework is three years (with the option to extend for another
year) and, in addition, AtkinsRéalis has been appointed to
Pagabo's new £27 million Scotland-specific framework, along with one
other provider, over the same time period.
"Public sector organizations face a multifaceted challenge to
maintain service provisions and achieve cost efficiencies while
delivering operationally net zero facilities and sustainable
infrastructure for the future," said Ian L.
Edwards, President and Chief Executive Officer,
AtkinsRéalis. "Under this new framework, our focus will continue to
be on delivering market-leading solutions while helping to deliver
better outcomes for clients and communities. The harmonization of
our teams across our project management, design and engineering
expertise as one AtkinsRéalis enables us to draw upon our breadth
and depth of capabilities, maximizing our ability to work
seamlessly and provide one integrated offering for our clients and
partners at a local level."
The appointment enables AtkinsRéalis to continue to support its
UK public sector clients through Pagabo, by providing professional
services advice with respect to construction and built assets for
another four years - while at the same time unlocking social value
and community benefits. Pagabo is among the UK's leading
procurement organizations, providing a suite of frameworks that
enable public sector organizations to procure the goods and
services they need.
Through its position on two earlier Pagabo frameworks as lead
provider for the last eight years, AtkinsRéalis has delivered more
than 1,270 commissions for 215 clients in all regions of the UK and
generated over £249 million of social return on investment in the
last 12 months alone.
"Our reappointment as lead provider to the Pagabo Professional
Services Framework in England,
Wales and Northern Ireland, and to the Scotland-specific framework, is a testament to
the work our teams have been delivering for clients up and down the
country over the last eight years," said Richard Robinson, President, UK &
Ireland, AtkinsRéalis. "Building
on our reputation as trusted suppliers, AtkinsRéalis is able to
offer consistent innovation, a digital-led approach, and
demonstrable success in delivering social value, and the full range
of single services to full multi-disciplinary projects and programs
– all from a sole provider, increasing efficiency in delivery and
consistency of client service."
Social Return on
Investment
The social return on investment (SROI) is calculated on public
sector commissions, using the LOOP Social Value Tool and a
methodology which is accepted by the UK government to measure
the social value elements on each project and to give them a proxy
value. It covers Social, Environmental and Economic benefits and
covers many of the UN Sustainable Development Goals (SDGs).
It enables AtkinsRéalis to optimize the social value it delivers
and maximize the benefits to local communities through the creation
of jobs, supporting employment and skills, investing in local
supply chains (SMEs), creating work for underrepresented groups and
helping to reduce homelessness and crime.
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 strategic
sectors such as Engineering Services, Nuclear and Capital. News and
information are available at
www.atkinsrealis.com or follow us on
LinkedIn.
Forward-Looking
Statements
Reference in this press release to the "Company" or to
"AtkinsRéalis" means, as the context may require, SNC-Lavalin Group
Inc. or all or some of its subsidiaries or joint arrangements or
associates. Statements made in this press release that describe the
Company's or management's expectations or strategies constitute
"forward-looking statements", which can be identified by the use of
the conditional or forward-looking terminology such as "expects",
"forecasts", "intends", "may", "objective", "plans", "projects",
"should", "will", "likely", or the negative thereof or other
variations thereon. Forward-looking statements also include any
other statements that do not refer to historical facts. All such
forward-looking statements are made pursuant to the "safe-harbour"
provisions of applicable Canadian securities laws. The Company
cautions that, by their nature, forward-looking statements involve
risks and uncertainties, and that its actual actions and/or results
could differ materially from those expressed or implied in such
forward-looking statements, or could affect the extent to which a
particular projection materializes. Forward-looking statements are
presented for the purpose of assisting investors and others in
understanding certain key elements of the Company's current
objectives, strategic priorities, expectations and plans, and in
obtaining a better understanding of the Company's business and
anticipated operating environment. Readers are cautioned that such
information may not be appropriate for other purposes.
Forward-looking statements made in this press release are based on
a number of assumptions believed by the Company to be reasonable as
at the date hereof. The assumptions are set out throughout the
Company's 2023 annual management disclosure & analysis
("MD&A") (particularly in the sections entitled "Critical
Accounting Judgments and Key Sources of Estimation Uncertainty" and
"How We Analyze and Report our Results") filed with the securities
regulatory authorities in Canada,
available on SEDAR+ at and on the Company's website at under the
"Investors" section. If these assumptions are inaccurate, the
Company's actual results could differ materially from those
expressed or implied in such forward-looking statements. In
addition, important risk factors could cause the Company's
assumptions and estimates to be inaccurate and actual results or
events to differ materially from those expressed in or implied by
these forward-looking statements. Those risks are identified in the
Company's 2023 annual MD&A (particularly in the sections
entitled "Risk and Uncertainties") and are not exhaustive. The
forward-looking statements herein reflect the Company's
expectations as at the date of this press release and are subject
to change after this date. The Company does not undertake to update
publicly or to revise any such forward-looking statements whether
as a result of new information, future events or otherwise, unless
required by applicable legislation or regulation.
SOURCE AtkinsRéalis