SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the Month of: March, 2020 | Commission File Number: 001-32562 |
STANTEC INC.
(Name of Registrant)
400 10220 103 Avenue NW
Edmonton, Alberta
Canada T5J 0K4
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☐ Form 40-F ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
STANTEC INC. | ||||||
Date: March 5, 2020 | By: | /s/ Theresa B. Y. Jang | ||||
Name: | Theresa B. Y. Jang | |||||
Title: | Executive Vice President and CFO |
EXHIBIT INDEX
Exhibit |
Description of Exhibit | |
99.1 | Press Release Stantec Team chosen to lead design for Bull Run Filtration Project to improve water quality, reliability, and system resiliency
Portland invests in filtration and other improvements to its currently unfiltered Bull Run water supply |
Exhibit 99.1
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News Release |
Stantec Team chosen to lead design for Bull Run Filtration Project to
improve water quality, reliability, and system resiliency
Portland invests in filtration and other improvements to its currently unfiltered Bull Run water supply
Edmonton, AB; New York, NY (March 5, 2020) TSX, NYSE:STN
Stantec, in association with Carollo Engineers and other local firms, has been selected by the Portland Water Bureau (PWB) for on-site design services for the Bull Run Filtration Project. The project also includes a collaboration with PWB and a Program Management/Support Services consultant to integrate the new facility into the existing infrastructure. The Citys plans for the filtration facility include technology to remove Cryptosporidium from the drinking water and provide treatment capacity of 145 million gallons of water per day enough to meet growing population demands through 2045. When the facility comes online in 2027, it will be Portlands first filtration system.
The filtration facility will feature conventional treatment, oxidation, mechanical solids dewatering, and resilience features to provide greater flexibility for future risks posed by climate change and seismic events. The facility will remove sediment, organic material, and other potential contaminants, providing consistent high-quality drinking water and making the water system more reliable. The inclusion of smart instrumentation technologies will integrate various treatment and distribution system data to provide real-time awareness for proactive, system-wide control to be consistent with City sustainability policies. All newly proposed occupied buildings will be designed to achieve LEED-Gold certification.
This new facility will help us continue to provide clean, safe water for the nearly one million people who use our resources, and make the Bull Run supply more reliable and resilient for future generations said PWB Water Bureau Director Mike Stuhr.
The primary source of water for the City of Portland is the 102 square mile Bull Run Watershed, located approximately 22 miles east of the city in the Mount Hood National Forest. In addition to serving more than 650,000 residents, the city has wholesale contracts with 19 area water providers who serve another 300,000 people in the Portland Metropolitan area, including the cities of Gresham, Sandy, and Tualatin. The facilitys location just outside the Bull Run Watershed in rural Multnomah County sits at the right elevation to work with existing water infrastructure and the property is large enough to provide a buffer between the facility and its neighbors.
The $51 million, five-year design contract includes on-site design, geotechnical site investigation, design quality management, assistance during construction, CM/GC support and interactions, assistance during commissioning and operations support, and project management for the filtration design.
The Stantec Team will allocate 20 percent of the design budget to engage several Disadvantaged, Minority-Owned, Women-Owned, and Emerging Small Businesses in this project. Construction is anticipated to begin in 2022 and must be completed by 2027 as part of the bilateral compliance agreement with the Oregon Health Authority.
The Stantec Team has unmatched experience delivering large-scale water treatment projects in the Pacific Northwest. Our key staff have planned, designed, or optimized 75 percent of the largest WTPs in the region, said Mark Graham, Stantec senior principal. Our history working with PWB began in 1979, and over the past 40 years, we have helped the Water Bureau deliver many of its largest and most successful projects. We are confident the Bull Run Filtration Project will play a critical role in protecting the health of Portlands drinking water and safeguarding our community against risks to the watershed for generations to come.
About Stantec
Communities are fundamental. Whether around the corner or across the globe, they provide a foundation, a sense of place and of belonging. Thats why at Stantec, we always design with community in mind.
We care about the communities we servebecause theyre our communities too. This allows us to assess whats needed and connect our expertise, to appreciate nuances and envision whats never been considered, to bring together diverse perspectives so we can collaborate toward a shared success.
Were designers, engineers, scientists, and project managers, innovating together at the intersection of community, creativity, and client relationships. Balancing these priorities results in projects that advance the quality of life in communities across the globe.
Stantec trades on the TSX and the NYSE under the symbol STN. Visit us at stantec.com or find us on social media.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements regarding the project described above, including statements regarding Stantecs role and involvement on the project. Forward-looking statements also include any other statements that do not refer to historical facts. By their nature, forward-looking statements are based on assumptions and subject to inherent risks and uncertainties. There is a risk that the project described above may be delayed, cancelled, suspended or terminated. This could cause future results to differ materially from the forward-looking statements made in this news release. Except as may be required by law, Stantec undertakes no obligation to publicly update or revise any forward-looking statements. Forward-looking statements are provided herein for the purpose of giving information about the proposed project referred to above and its expected impact. Readers are cautioned that such information may not be appropriate for other purposes.
Stantec Media Contact
Danny Craig
Stantec Media Relations
Ph: 949-923-6085
danny.craig@stantec.com
Investor Relations Contact
Cora Klein
Ph: 780-969-2018
cora.klein@stantec.com
Design with community in mind