Stantec (STN.TO, STN) said Wednesday that the U.S. Army Corps of Engineers awarded the Black & Veatch-Stantec joint venture a single award task order contract to provide design and engineering support services for the Brandon Road Interbasin Project (BRIP), "a critical Great Lakes ecosystem protection effort."
It is not clear if the $85 million value put on the contract is in CAD or USD.
According to Wednesday's statement, the Brandon Road Lock and Dam has been identified as a critical pinch point where layered technologies could prevent the movement of invasive carp populations into the Great Lakes. The contract will provide professional services over an eight-year ordering period to modify the Brandon Road Lock and Dam between the Great Lakes and Mississippi River basins, it said.
Black & Veatch and Stantec will lead the design of several site improvements, including a new engineered channel, larger underwater electric and acoustic deterrents, site work on the descending bank lines and new support facilities to house multi-deterrent systems. The BRIP aims to prevent large carp populations from establishing, support ongoing monitoring and management, and protect both ecological and economic resources.
Stantec had turned positive on the TSX at last look, having been lower earlier.
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