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Atkinsrealis Group Inc
Symbol ATRL
Shares Issued 175,272,970
Close 2024-07-08 C$ 58.50
Market Cap C$ 10,253,468,745
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Atkinsrealis wins $18M (U.S.) contract with TxDOT

2024-07-09 14:46 ET - News Release

Mr. Ian Edwards reports

ATKINSREALIS AWARDED CONSTRUCTION ENGINEERING AND INSPECTION SERVICES CONTRACT FROM TEXAS DEPARTMENT OF TRANSPORTATION

Atkinsrealis Group Inc. has been awarded a four-year, $18-million (U.S.) contract by the Texas Department of Transportation (TxDOT) to provide construction engineering and inspection services (CE&I) for an interstate highway project in Waco, Tex. AtkinsRealis has provided CE&I services on three other interstate projects for the state, two of which are currently continuing.

"Earning repeat business from long-standing clients and helping them reimagine, redesign and re-energize highway infrastructure that meets current and future needs is what we mean when we say AtkinsRealis is engineering a better future for our planet and its people," said Ian L. Edwards, president and chief executive officer of AtkinsRealis. "A robust transportation network is crucial for connecting communities and supporting economic prosperity."

In partnership with TxDOT, AtkinsRealis and its subconsultant partners will provide overall project administration on the job, including day-to-day management of construction inspection, material testing and project documentation. The $263-million (U.S.) project widens nearly 5.3 kilometres (3.3 miles) of Interstate 35 (I-35) to eight lanes and reconstructs interchanges and frontage roads to reduce congestion and meet future demand needs in the first complete rebuild of the roadway since it was first constructed in the 1960s.

"Relationships and real-world expertise are the keystones of our CE&I services," said Steve Morriss, president, United States, Latin America, and minerals and metals, AtkinsRealis. "We have a deep bench, including 27 former TxDOT employees on our team, with the vast technical know-how necessary to solve issues before they become problems and maintain TxDOT's production goals and high-quality standards on one of its premier projects."

Upgrading the highway is a priority for the City of Waco, the State of Texas, the Federal Highway Administration and the U.S. Department of Transportation. Forty-five per cent of Texans live along the 812-kilometre (505-mile) I-35 corridor within the state boundary lines. The 2,525-kilometre (1,569-mile) roadway is the largest interstate connecting Canada and Mexico. The majority of Mexico's trade with the U.S. and Canada traverses the I-35 highway through commercial trucks, valued at approximately $750-billion (U.S.) in goods annually.

AtkinsRealis has provided CE&I services on a wide range of TxDOT projects, helping enhance safety and relieve congestion on some of the state's most heavily travelled highways, including the $606-million (U.S.) CapEx North project along an interstate in Austin, TxDOT's largest design-bid-build project let to date. The company has been providing CE&I services in the Lone Star state for more than 20 years, beginning with the central Texas turnpike system in 2002. Additionally, AtkinsRealis provides CE&I services to state departments of transportation and transportation authorities in Arkansas, Colorado, Florida, Georgia, Idaho, Missouri, New Jersey, North Carolina, Oklahoma, Washington and Puerto Rico.

About AtkinsRealis Group Inc.

Created by the integration of long-standing organizations dating back to 1911, AtkinsRealis is a world-leading professional services and project management company dedicated to engineering a better future for the planet and its people. AtkinsRealis creates sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. AtkinsRealis deploys global capabilities locally to its clients and delivers unique end-to-end services across the whole life cycle of an asset, including consulting, advisory and environmental services, intelligent networks and cybersecurity, design and engineering, procurement, project and construction management, operations and maintenance, decommissioning, and capital. The breadth and depth of AtkinsRealis's capabilities are delivered to clients in key strategic sectors such as engineering services, nuclear, operations and maintenance, and capital.

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