MONTREAL, Jan. 9, 2025
/CNW/ - AtkinsRéalis Group Inc. (TSX: ATRL), a world-class
engineering services and nuclear company with offices around the
world, announces today that Water Smart Alliance (WSA), a joint
venture (JV) with Stantec, has been awarded a Water Program
Management contract by the District of Columbia Water and Sewer
Authority (DC Water).
"AtkinsRéalis has been designing and building water
infrastructure around the world for more than a century," said
Ian L. Edwards, President and Chief
Executive Officer, AtkinsRéalis. "We are committed to developing
and implementing innovative and cost-effective solutions to protect
and sustain our planet's most critical and valuable resource."
DC Water provides service to millions of residents and visitors
across the DC Region operating more than 2,092 kilometers (1,300
miles) of pipes, 43,860 valves and 9,510 public
hydrants.i
Under a US$43-million contract,
WSA will assist DC Water with refining and optimizing the water
portion of their capital improvement plan (CIP), currently valued
at US$2B+ii, using best-in-class technologies. The team
will deliver its full suite of professional services on this
five-year contract (2024-2029) to support DC Water in achieving the
following:
- Adopt innovative ideas related to collaborative delivery,
capital improvement plan optimization, data analytics, and other
key business processes to continue DC Water's status as a
best-in-class utility.
- Enhance resource optimization to manage scope, schedule, and
budget effectively across component projects.
- Advance effective governance within the Water Program.
- Achieve optimal renewal and replacement rates for DC Water's
aging infrastructure.
- Implement enterprise-wide asset management program.
- Enhance water supply resilience to the nation's capital.
"DC Water is widely recognized as an industry pioneer having
incorporated several cutting-edge technologies and processes and is
leading the digitalization charge among its peers," said
Steve Morriss, President, U.S.,
Latin America, and Minerals &
Metals, AtkinsRéalis. "We are excited to bring our brand of
innovative, collaborative and data-driven programmatic solutions to
reinvigorate DC Water's program for service and capital
improvement."
AtkinsRéalis and its WSA JV partner have successfully
collaborated to furnish program management services for various
clients for more than 14 years, including the national flood
mapping and risk mitigation program for FEMA and Thames Water
technical Partner Framework. The WSA JV brings more than 40 years
of dedicated program management experience with more than 200 water
professionals in the DC Metro Area alone and nearly 6,000 water
professionals worldwide. WSA's culture of quality will deliver a
water program that is safe, reliable, resilient, sustainable and
equitable and enhances the health, safety, well-being and
prosperity of DC Water's customers and stakeholders.
__________________________
|
i Source:
About DC Water,
https://www.dcwater.com/about-dc-water/who-we-are/dc-water-glance.
|
ii Source:
DC Water, Capital Improvement Program,
https://www.dcwater.com/sites/default/files/Approved_FY2025_SectionV_Capital_Programs.pdf#page=5.
|
About AtkinsRéalis
Created by the integration of long-standing organizations
dating back to 1911, AtkinsRéalis is a world-class engineering
services and nuclear company dedicated to engineering a better
future for our planet and its people. We create sustainable
solutions that connect people, data and technology to transform the
world's infrastructure and energy systems. We deploy global
capabilities locally to our clients and deliver unique end-to-end
services across the whole life cycle of an asset including
consulting, advisory & environmental services, intelligent
networks & cybersecurity, design & engineering,
procurement, project & construction management, operations
& maintenance, decommissioning and capital. The breadth and
depth of our capabilities are delivered to clients in strategic
sectors such as Engineering Services, Nuclear and Capital.
News and information are available at
www.atkinsrealis.com or follow us on
LinkedIn.
Forward-Looking Statements
References in this press release to the "Company",
"AtkinsRéalis", "we", us" and "our" mean, as the context may
require, AtkinsRéalis Group Inc. or all or some of
its subsidiaries or joint arrangements or associates. Statements
made in this press release that describe the Company's expectations
or strategies constitute "forward-looking statements", which can be
identified by the use of the conditional or forward-looking
terminology such as "estimates", "expects", "forecasts", "intends",
"may", "objective", "plans", "projects", "should", "will",
"likely", or other variations thereon. Forward-looking statements
also include any other statements that do not refer to historical
facts. The Company cautions that, by their nature,
forward-looking statements involve risks and uncertainties, and
that its actual actions or results could differ materially from
those expressed or implied in such forward-looking statements.
Forward-looking statements are presented for the purpose of
assisting investors and others in understanding certain key
elements of the Company's current objectives, strategic priorities,
expectations and plans, and in obtaining a better understanding of
the Company's business and anticipated operating environment.
Readers are cautioned that such information may not be appropriate
for other purposes. Forward-looking statements made in this press
release are based on a number of assumptions believed by the
Company to be reasonable as at the date hereof. The assumptions are
set out throughout the Company's 2023 annual management disclosure
& analysis ("MD&A") (particularly in the sections entitled
"Critical Accounting Judgments and Key Sources of Estimation
Uncertainty" and "How We Analyze and Report our Results") filed
with the securities regulatory authorities in Canada, available on SEDAR+ at
www.sedarplus.com and on the Company's website at
www.atkinsrealis.com under the "Investors" section. If these
assumptions are inaccurate, the Company's actual results could
differ materially from those expressed or implied in such
forward-looking statements. In addition, important risk factors
could cause the Company's assumptions and estimates to be
inaccurate and actual results or events to differ materially from
those expressed in or implied by these forward-looking statements.
Those risks are identified in the Company's 2023 annual MD&A
(particularly in the sections entitled "Risk and Un certainties"),
as updated in the first and second quarters 2024 MD&A, are not
exhaustive. The forward-looking statements herein reflect the
Company's expectations as at the date of this press release and are
subject to change after this date. The Company does not undertake
to update publicly or to revise any such forward-looking statements
whether as a result of new information, future events or otherwise,
unless required by applicable legislation or regulation. The
forward-looking information and statements contained herein are
expressly qualified in their entirety by this cautionary
statement.
SOURCE AtkinsRéalis