Parsons Selected by City of Toronto for Delivery of Gardiner Expressway Rehabilitation Project
- Dow ends at record high, Nasdaq falls as tech slides
- Trump's Facebook (FB) Ban Upheld, Oversight Board Asks Company to Come Up With a 'Proportionate Response' Going Forward
- PayPal (PYPL) Tops Q1 EPS by 21c, Offers Q2 and FY Guidance
- Peloton (PTON) Plunges After Recalling All Treadmills, Analyst Says Will Negatively Impact Broader Tread Rollout
- T-Mobile (TMUS) Gains After Topping Q1 Consensus as 5G Story Accelerates, 'More to Come' Says Analyst
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
CENTREVILLE, Va., April 16, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the City of Toronto as the owner's engineer and technical advisor for the delivery of the F.G. Gardiner Expressway Rehabilitation project Section 2 – Dufferin Street to Strachan Avenue. The contract, valued at more than $10 million, includes conceptual and preliminary design, procurement services, contract administration and inspection services for upgrading this section of the major highway connecting western Toronto to the downtown core.
"The Gardiner Expressway is a key component of Toronto's highway system and has helped improve mobility in the community for more than 60 years," said Mark Fialkowski, executive vice president, Parsons' mobility solutions. "We look forward to helping the City improve their transportation offerings, from neighborhood mobility planning to rebuilding the critical Gardiner infrastructure."
Parsons was further selected by the City of Toronto to join the roster of eligible vendors providing professional engineering consulting services across 15 categories, ranging from traffic systems; strategic direction, policy, and program development; planning and conceptual design; traffic data collection, analysis & modelling; and stakeholder engagement. With a potential value of nearly $7 million, the contract further establishes Parsons as a mobility solutions provider of choice in the Toronto region.
Parsons has contributed to major infrastructure projects in Canada since the 1940's and has offices throughout the country, including multiple locations in Ontario, Quebec, Alberta, and British Columbia.
To learn more about Parsons' road and highway expertise, visit Parsons.com/road-highway/.
Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com, and follow us on LinkedIn and Facebook to learn how we're making an impact.
Media Contact: Bernadette Miller+1 980.253.9781Bernadette.Miller@Parsons.com
Investor Relations Contact:Dave Spille+ 1 571.655.8264Dave.Spille@parsons.com
View original content to download multimedia:http://www.prnewswire.com/news-releases/parsons-selected-by-city-of-toronto-for-delivery-of-gardiner-expressway-rehabilitation-project-301270440.html
SOURCE Parsons Corporation
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Parsons Awarded $618 Million Cyber & Intelligence Task Order
- Angola: Total Starts Production From Zinia Phase 2, Successful Short-cycle Development on Block 17
- Parsons Corporation (PSN) Awarded $618 Million Cyber & Intelligence Task Order
Create E-mail Alert Related CategoriesPRNewswire, Press Releases
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!