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Benzinga
Benzinga
Business
Akanksha Bakshi

Stantec Secures Contract To Lead Construction Management For $220M Indianapolis Project

Stantec STN Blue Line (Organization) NYSE Stantec Inc
  • Stantec Inc.(TSX:STN), (NYSE:STN) has been selected to lead construction management for the $220 million Blue Line Bus Rapid Transit (BRT) project in the City of Indianapolis.
  • The 24-mile, all battery-electric bus system will follow the path of the existing Route 8, providing safer and more reliable services to communities.
  • In partnership with Shiel Sexton and Shrewsberry, Stantec will provide construction management services for the roadway, stations, and utilities and overall integration.
  • Price Action: STN shares are trading lower by 1.33% at $43.06 on the last check Tuesday.
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