City of Ottawa and Rideau Transit Group Partnership sign contract agreement to extend existing contractual arrangements

MONTREAL, June 27, 2017 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that the City of Ottawa has exercised the option, under the current contract, to utilize equipment continuity, knowledge and cost efficiencies, and has signed a fixed-price variation agreement worth $349 million with Rideau Transit Group Partnership ("RTG") for the rolling stock and onboard equipment for Stage 2 of the Confederation Line.

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Published on June 28, 2017