MONTRÉAL, July 9, 2024 /CNW/ -
AtkinsRéalis Group Inc. (TSX: ATRL), a fully integrated
professional services and project management company with offices
around the world, announces today that it has been awarded a
four-year, US$18-million contract by
the Texas Department of Transportation (TxDOT) to provide
Construction Engineering and Inspection Services (CE&I) for an
interstate highway project in Waco,
Texas. AtkinsRéalis has provided CE&I services on
three other interstate projects for the state, two of which are
currently ongoing.
"Earning repeat business from long-standing clients and helping
them reimagine, redesign and re-energize highway infrastructure
that meets current and future needs is what we mean when we say
AtkinsRéalis is engineering a better future for our planet and its
people," said Ian L. Edwards,
President and Chief Executive Officer, AtkinsRéalis. "A robust
transportation network is crucial for connecting communities and
supporting economic prosperity."
In partnership with TxDOT, AtkinsRéalis and its subconsultant
partners will provide overall project administration on the job,
including day-to-day management of construction inspection,
material testing and project documentation. The US$263-million project widens nearly 5.3
kilometers (3.3 miles) of Interstate 35 (I-35) to eight lanes,
reconstructs interchanges and frontage roads to reduce congestion
and meet future demand needs in the first complete rebuild of the
roadway since it was first constructed in the 1960's.
"Relationships and real-world expertise are the keystones of our
CE&I services," said Steve
Morriss, President, U.S., Latin
America, and Minerals & Metals, AtkinsRéalis. "We
have a deep bench, including 27 former TxDOT employees on our team,
with the vast technical know-how necessary to solve issues before
they become problems and maintain TxDOT's production goals and
high-quality standards on one of its premier projects."
Upgrading the highway is a priority for the City of Waco, State
of Texas, the Federal Highway Administration and U.S.
Department of Transportation. 45 percent of Texans live along the
812-kilometer (505-mile) I-35 corridor within the state boundary
linesi. The 2525-kilometer (1569 mile) roadway is the
largest interstate connecting Canada and Mexico. The majority of Mexico's trade with the U.S. and Canada traverses IH 35 via commercial trucks,
valued at approximately US$750-billion in goods
annuallyii.
AtkinsRéalis has provided CE&I services on a wide range
of TxDOT projects, helping enhance safety and relieve congestion on
some of the State's most heavily traveled highways including the
US$606-million CapEx North
projectiii along an interstate in Austin, TxDOT's largest design-bid-build
project let to date. The Company has been providing CE&I
services in the Lone Star State for more than 20 years, beginning
with the Central Texas Turnpike System in 2002. Additionally,
AtkinsRéalis provides CE&I services to state DOTs and
transportation authorities in Arkansas, Colorado, Florida, Georgia, Idaho, Missouri, New
Jersey, North Carolina,
Oklahoma, Washington and Puerto Rico.
________________________________________
|
i
|
Source: Texas
Department of Transportation,
https://ftp.txdot.gov/pub/txdot/my35/central/projects/4b/041719-materials.pdf
|
ii
|
Source: FHWA via Texas Department of
Transportation,
https://ftp.txdot.gov/pub/txdot-info/aus/mis/i35corr/i35tcstx.pdf
|
iii
|
Source: Texas
Department of Transportation,
https://my35capex.com/projects/i-35-capital-express-north/
|
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.
Forward-Looking Statements
References in this press release to the "Company",
"AtkinsRéalis", "we", us" and "our" mean, as the context may
require, AtkinsRéalis 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 expectations
or strategies constitute "forward-looking statements", which can be
identified by the use of the conditional or forward-looking
terminology such as "estimates", "expects", "forecasts", "intends",
"may", "objective", "plans", "projects", "should", "will",
"likely", or other variations thereon. Forward-looking statements
also include any other statements that do not refer to historical
facts. The Company cautions that, by their nature, forward-looking
statements involve risks and uncertainties, and that its actual
actions or results could differ materially from those expressed or
implied in such forward-looking statements. 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 www.sedarplus.com and on
the Company's website at www.atkinsrealis.com 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 Un certainties"), as updated in the
first quarter 2024 MD&A, 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. The
forward-looking information and statements contained herein are
expressly qualified in their entirety by this cautionary
statement.
SOURCE AtkinsRéalis