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Stock impact report

Stantec selected to design the California High-Speed Rail extension from Merced to Madera

Stantec Inc (STN) 
Last stantec inc earnings: 2/26 06:30 pm Check Earnings Report
US:NYSE Investor Relations: stantec.com/en/investors
Company Research Source: GlobeNewswire
EDMONTON, Alberta and NEW YORK and LOS ANGELES, Dec. 19, 2022 (GLOBE NEWSWIRE) -- NYSE, TSX:STN Stantec, a global leader in sustainable design and engineering, has been selected to design the California High-Speed Rail Authority’s extension from Merced to Madera, a key section between Los Angeles and San Francisco. The extension covers 33.9 miles and will include 40 structures. The Merced to Madera design contract is valued at US$41 million, which is expected to be delivered over about two years. Stantec will finalize the project configuration footprint, advance design work to refine costs and travel-time enhancements, and map right-of-way needs and utility relocations. The Merced to Madera section is the key junction that will connect the 500-mile-long project between the Bay Area and Los Angeles. “The California High-Speed Rail Authority has embraced a goal of guiding the evolution of California’s transportation infrastructure into a vibrant, dynamic system that not only achiev Show less Read more
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