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Stantec (TSX:STN) secures water plant upgrade work

Industrial
TSX:STN
23 June 2022 15:00 (EDT)
Stantec Inc. - Project Design Manager, Gillian Edwards.

Source: Stantec.

Stantec (STN) has been granted portions of the Buffalo Pound Water Treatment Plant Renewal Project (BPWTP) in Saskatchewan.

Specifically, the company has been awarded the engineering during construction and commissioning portions of the project.

Alongside its joint venture partners Graham, Aecon, and Associated Engineering (AE), Stantec stated it led the engineering design for the $273 million upgrades to the BPWTP using a progressive design-build delivery model. According to Stantec, this is the first delivery model that has been used in Canada for water infrastructure.

The project is owned by the BPWTP Corporation and is moving on to construction. The project will receive an upgraded water treatment plant for the 260,000 customers in the cities of Moose Jaw and Regina, plus users of SaskWater and Buffalo Pound Provincial Park.

The company announced that the plant’s infrastructure is close to the end of its life cycle and the renewal project will help address climate-related raw water conditions to simplify operations and increase capacity for future demands. Stantec will be involved in construction inspections as well as start-up and commissioning activities.

“This is a live operating plant that can’t experience long shutdown periods. Our design team has been working closely with our construction partners … This way, we can ensure physical upgrades are completed with minimal impact on current water production,” Gillian Edwards, Stantec’s design manager for the BPWTP, said.

The companies are expecting the project to be complete in 2025.

Stantec Inc. (STN) is up 0.16 per cent trading at $55.32 per share as of 2:58 p.m. ET.

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