Stantec (STN) Consulting Services wins $90 million DoD contract modification

Investing.com -- Stantec (NYSE, TSX: STN) Consulting Services Inc., based in Raleigh, North Carolina, has been awarded a $90 million modification to an existing contract for architect-engineer services by the U.S. Department of Defense.

The modification, identified as P00006, applies to contract W912DR-20-D-0005 and brings the total cumulative value of the contract to $90 million.

The U.S. Army Corps of Engineers in Baltimore, Maryland, is managing the contract. Only one bid was received for this contract after solicitations were made via the internet.

Work locations and funding allocations will be determined with each order under the contract. The estimated completion date for the contract is July 30, 2026.

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