Flatiron to design and build new Calgary Ring Road

Longmont, Colorado, 23 February 2007 – Flatiron Constructors secured a CAN$408-million (US$350-million; EUR266-million) contract to design and construct the northeast portion of the new Calgary Ring Road around Alberta’s largest city. The Alberta government chose Bilfinger Berger BOT to develop the project, and Bilfinger has selected Stoney Trail Constructors, a joint venture led by Flatiron Constructors with Parsons and Graham Construction and Engineering, to design and build a new 21-kilometer (13-mile) portion of the ring road. Flatiron’s share amounts to 61% (EUR160million).

This is the second portion of the ring road to be developed. Under Alberta’s public-private partnership for highways process, a private-sector partner is responsible for the design, construction, financing, and operation of a roadway for 30 years [and] Government is guaranteed a fixed price and delivery date for the road.

The first portion of the ring road, a 15-kilometer (9-mile) stretch in northwest Calgary, was developed using a traditional design-bid-build process and will be complete in the fall of 2008.

Flatiron will be responsible for constructing the northeast portion of the ring road, which will extend from Deerfoot Trail south to 17 Avenue SE. The project includes 23 bridge structures and six interchanges, including one major interchange at Deerfoot Trail and one at the Trans-Canada Highway. According to the Alberta government, Deerfoot Trail is the heaviest traveled road in the entire Province of Alberta.

Flatiron is currently involved with an award-winning P3 project in the province of British Columbia in northwestern Canada constructing a new portion of the Trans-Canada Highway 1 through KickingHorseCanyon. “The Kicking Horse highway has been an excellent project, and we’re looking forward to bringing the same success to projects like the Calgary Ring Road and others throughout western Canada,” says Flatiron Project Manager Matt Girard.

The northeast portion of the Calgary Ring Road is slated for completion in Fall 2009.

Flatiron Constructors is a subsidiary of Flatiron Construction Corp., a Royal BAM Group company. Flatiron specializes in transportation and heavy civil projects both on a national scale and in local districts. Its experience encompasses major highways, traditional and specialty bridges, toll roads, tunnels, and rail transit projects throughout the United States. Flatiron is consistently ranked among the top bridge and highway builders in North America.

Further information: Christie DeLuca, Flatiron Construction Corp., Phone: 720-494-8034, www.flatironcorp.com