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TORONTO, April 15 /CNW/ - Bird Construction Inc. announced today that Alberta Infrastructure and Transportation has verbally notified Bird of its decision to terminate the earlier awarded contract to construct the Royal Alberta Museum in Edmonton. Construction activity had not commenced on the facility as a result of delays imposed by the Government. The $147 million contract was previously included in the Company's Backlog, and as a result of the termination notice will be removed from the Backlog to be reported for the first quarter ended March 31, 2011.
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., 5403 Eglinton Avenue West, Toronto, ON M9C 5K6, Phone: (4l6) 620-7122 Fax: (416) 620-1516