SNC-Lavalin JV Wins $300 Million Flood Mitigation Support Contract in U.S.
November 24 2021 - 8:25AM
Dow Jones News
By Adriano Marchese
SNC-Lavalin Group Inc. said Wednesday its joint venture has been
awarded a $300 million contract to provide engineering and
technical services to the National Flood Insurance Program in the
western U.S.
The Montreal-based professional-services and project-management
company said the indefinite delivery, indefinite quantity contract
is for five years through its STARR II joint venture, and will
support the Federal Emergency Management Agency's risk mapping,
assessment and planning program.
The company said it has been providing these services to FEMA
since 2014.
"Services provided under the contract will include regional
flood hazard mapping and risk management required to develop
accurate flood hazard data that will increase risk awareness and
facilitate local mitigation actions that reduce loss to life and
property," the company said.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
November 24, 2021 08:10 ET (13:10 GMT)
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