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Sat March 23 2019

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VolkerWessels wins $300m of Canadian highway maintenance

27 Feb VolkerWessels has secured three Canadian highway maintenance contracts with a total value of over CA$300m (£170m)

The three seven-year contracts in Alberta will be carried out by its Canadian subsidiary Volker Stevin Highways. Each contract has three-year extension options based on meeting performance standards. The total value of the seven-year contracts will exceed CA$450m with the contract extensions.

All three contacts are for Alberta Transportation; they cover the west-central, southwest and southern parts of the province.

Volker Stevin Highways was already performing highway maintenance in part of the areas covered by a new contract. The new contracts will mean an increase of about 30% in the amount of its  maintenance work in the areas.

Volker Stevin Highways will start work under the new contracts on 1 August 2019.

MPU

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