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Bird Construction Inc. Announces It Has Executed A Contract To Design, Build And Finance The Ontario Provincial Police Modernization Phase 2 Project

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Bird Construction Inc. Announces It Has Executed A Contract To Design, Build And Finance The Ontario Provincial Police Modernization Phase 2 Project

Canada NewsWire

MISSISSAUGA, ON, Aug. 17, 2018 /CNW/ - Bird Construction Inc. announced today that it has executed a contract with Ontario Infrastructure and Lands Corporation to design, build and finance nine Ontario Provincial Police (OPP) detachments in nine Ontario communities on behalf of the Ministry of Community Safety & Correctional Services and the OPP. Bird will undertake the design and build for the project and will also own the concession responsible for the financing of the project through Bird Capital, a wholly owned subsidiary. This announcement follows successful negotiations with the respective parties after being named preferred proponent.

The detachments will feature a secure functions area with holding cells and interview rooms, a public admittance area, an administration area for support staff and management, an operational area with offices and evidence storage vaults.

Construction is expected to commence shortly with expected substantial completion in late 2020.

This press release contains forward-looking information (as defined in applicable Canadian securities legislation) that involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to materially differ from those expressed or implied by the forward-looking information.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

For further information contact:
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

SOURCE Bird Construction Inc.

View original content: http://www.newswire.ca/en/releases/archive/August2018/17/c2910.html

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