Strabag gets the contract to extend the Scarborough Subway (Line 2) in Toronto. The contract is worth almost half a billion euros (Strabag is headquartered in Austria, therefore they quote the contract values often in Euros in their pres releases).
map & news Strabag release
Infrastructure Ontario's release:
TORONTO – Infrastructure Ontario (IO) and Metrolinx have awarded a fixed-price contract of $757.1 million to Strabag to design, build and finance the tunnel for the Scarborough Subway Extension project.
The Strabag team includes:
The Scarborough Subway Extension Advance Tunnel project underwent an open, fair and competitive procurement process overseen by a third-party fairness advisor. Strabag submitted the proposal, which delivers the best value for Ontario taxpayers.
The project is being delivered through IO’s Public-Private Partnership (P3) model, which transfers appropriate risks associated with design, construction and financing of the project to the private sector.
Onsite mobilization and pre-construction work began this spring, with launch shaft construction beginning in June 2021. Major tunnel boring is expected to begin next year. Strabag estimates the majority of the labour will come from the Greater Toronto Area.
The Scarborough Subway Extension Advance Tunnel scope of work includes:
https://infrastructureontario.ca/Contract-Awarded-Scarborough-Subway-Extension-Advance-Tunnel/
Infrastructure Ontario (IO) and Metrolinx have awarded a fixed-price contract of $757.1 million to Strabag to design, build and finance the tunnel for the Scarborough Subway Extension project.
North America's juicy projects are given away to European contractors. What was the last time you heard a USA or Canada -based contractor awarded such a big project in Europe?
Further rubbing salt into the wound, Strabag will be bringing their own TBM.
Let me guess... it will not be a Robbins or Akkerman
Russian state-owned oil company Rosneft has begun work on its Sever Bay terminal in preparation ......
cover tunnel photo by: Matt Brown from London, England / CC BY
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The link points to the press release in English. But here summary displays German?
https://www.strabag.com/databases/internet/_public/content.nsf/web/SE-PRESSE.COM-PRESSEMITTEILUNGEN-2021-STRABAG%20erweitert%20f%C3%BCr%20rd.%20%E2%82%AC%20500%20Mio.U-Bahn%20in%20Kanada#?men1=6&men2=1&sid=1624&h=7&l=EN
STRABAG SE - STRABAG erweitert für rd. € 500 Mio.U-Bahn in Kanada
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