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Bird Construction Inc. announces that it has executed a fixed-price contract to construct a new mental health facility and energy centre at Royal Columbian Hospital


News provided by

Bird Construction Inc.

Feb 14, 2017, 18:54 ET

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LISTING: TORONTO STOCK EXCHANGE
SYMBOL: BDT

MISSISSAUGA, ON, Feb. 14, 2017 /CNW/ - Bird Construction Inc. announced today that it has executed a contract with Fraser Health through Bird Design-Build Construction Inc., a wholly owned subsidiary, to design and build a new mental health facility and energy centre at Royal Columbian Hospital in New Westminster, British Columbia. This news follows successful negotiations with Fraser Health after being named preferred proponent in late December 2016. The contract, valued at approximately $200 million, will commence construction in early 2017 and be completed in winter 2019.

This new 75-bed mental health and substance use centre will be a four storey building with approximately 13,000-square-metres that will provide both inpatient and outpatient services. The mental health building will target LEED Gold certification and include a two level bridge link to the existing hospital with one level for patient movement and the other for hospital services. In addition, the building will have a multi-level 450 stall parkade to service the campus. The energy centre is designed to support the needs of the existing campus in addition to the new mental health building and is sized to support future proposed redevelopment phases. It will also house an IT communication hub which is designed to support Royal Columbian's future information technology infrastructure requirements.

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: I.J. Boyd, President & CEO or W.R. Gingrich, CFO, Bird Construction Inc., 5700 Explorer Drive, Suite 400, Mississauga, ON L4W 0C6, Phone: (905) 602-4122, Fax: (905) 602-1516

Related Links

http://www.bird.ca

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