Bird Construction Inc. announces new contract awards totalling $300 million

LISTING:  TORONTO STOCK EXCHANGE
SYMBOL: BDT

TORONTO, March 24, 2014 /CNW/ - Bird Construction Inc. announced today that it has recently been awarded new contracts totalling approximately $300 million. The projects involve civil and building construction activity in each of our industrial, institutional and commercial sectors throughout our geographic operating areas, including a contract to construct a large condominium complex in downtown Toronto. Construction of the projects will commence immediately with expected completion dates extending into 2017. These project awards will be added to the Company's backlog in the first quarter of 2014.

"We are pleased with the start to our securement program during the first quarter of the year", stated Tim Talbott, Bird's President and CEO.  "In addition to our record securement of work in 2013, these projects will support our extensive work program across the country as we commence construction of these exciting projects, many of which are for repeat clients of the Company."

This press release contains forward-looking statements that involve a number of risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Many factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

SOURCE Bird Construction Inc.

For further information:

T.J. Talbott, President & C.E.O or
S.R. Entwistle, C.F.O
Bird Construction Inc.
5700 Explorer Drive, Suite 400
Mississauga, ON  L4W 0C6
Phone: (905) 602-4122 Fax: (905) 602-1516