Stantec wins $30 million contract to provide laser scanning services for U.S. federal building, Stantec to get half of fees
Published Wednesday November 25th, 2009
EDMONTON - Engineering company Stantec Inc. (TSX:STN) says it has won a major contract from the United States General Services Administration to provide 3D laser scanning and surveying services for federal building projects across the U.S.
The contract is worth US$30 million over the next five years, with Stantec getting 50 per cent of the fees, the Edmonton company said Wednesday.
"This is a significant win for Stantec's U.S. operations," said Bob Gomes, the company's president and CEO. "This contract allows us to demonstrate our full range of surveying and mapping capabilities on a large scale and to contribute to an important federal initiative."
Stantec employs 10,000 people and provides a range of engineering services through 130 locations in North America.
In trading on the TSX, Stantec shares rose 22 cents to $26.22.
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