AECOM selected to provide program management services for the Queen Street Housing Enabling Infrastructure Program (HEIP) in Ontario, Canada
AECOM (NYSE: ACM) has been selected by Peel Region to provide program management services for the Queen Street Housing Enabling Infrastructure Program (HEIP) in Ontario, Canada. This initiative aims to build essential wastewater and water infrastructure to support housing development mandated under Bill 23, which includes Ontario's goal to build 1.5 million units by 2031.
AECOM's scope of work includes planning, designing, and implementing new water and wastewater systems to meet accelerated growth and housing demands in Peel. The company's recent work in the region includes expanding the Clarkson Water Resource Recovery Facility and supporting drinking water treatment projects at the Arthur P. Kennedy and Lorne Park water treatment plants.
AECOM (NYSE: ACM) è stata selezionata dalla Peel Region per fornire servizi di gestione del programma per il Queen Street Housing Enabling Infrastructure Program (HEIP) in Ontario, Canada. Questa iniziativa mira a costruire infrastrutture essenziali per le acque reflue e l'acqua per supportare lo sviluppo abitativo imposto dalla Legge 23, che include l'obiettivo dell'Ontario di costruire 1,5 milioni di unità entro il 2031.
Il campo di lavoro di AECOM include la pianificazione, la progettazione e l'implementazione di nuovi sistemi idrici e di acque reflue per soddisfare la crescita accelerata e le richieste abitative nella regione di Peel. Il lavoro recente dell'azienda nella zona comprende l'espansione dell'impianto di recupero delle risorse idriche di Clarkson e il supporto a progetti di trattamento dell'acqua potabile presso gli impianti di trattamento dell'acqua di Arthur P. Kennedy e Lorne Park.
AECOM (NYSE: ACM) ha sido seleccionada por la Peel Region para proporcionar servicios de gestión de programas para el Queen Street Housing Enabling Infrastructure Program (HEIP) en Ontario, Canadá. Esta iniciativa tiene como objetivo construir infraestructura esencial de aguas residuales y agua para apoyar el desarrollo de viviendas estipulado en el Proyecto de Ley 23, que incluye el objetivo de Ontario de construir 1,5 millones de unidades para 2031.
El alcance del trabajo de AECOM incluye la planificación, diseño e implementación de nuevos sistemas de agua y aguas residuales para satisfacer la demanda de crecimiento y vivienda acelerada en Peel. El trabajo reciente de la empresa en la región incluye la expansión de la instalación de recuperación de recursos hídricos de Clarkson y el apoyo a proyectos de tratamiento de agua potable en las plantas de tratamiento de agua de Arthur P. Kennedy y Lorne Park.
AECOM (NYSE: ACM)는 캐나다 온타리오주 필 지역에서 Queen Street Housing Enabling Infrastructure Program (HEIP)에 대한 프로그램 관리 서비스를 제공하기 위해 선정되었습니다. 이 이니셔티브는 법안 23에 따라 요구되는 주택 개발을 지원하기 위해 필수적인 폐수 및 수자원 인프라를 구축하는 것을 목표로 하며, 온타리오의 2031년까지 150만 유닛을 건설하겠다는 목표를 포함하고 있습니다.
AECOM의 업무 범위에는 필 지역의 가속화된 성장 및 주택 수요를 충족하기 위한 새로운 수자원 및 폐수 시스템의 계획, 설계 및 구현이 포함됩니다. 회사의 최근 작업은 클락슨 수자원 회수 시설의 확장과 아서 P. 케네디 및 론 파크 수처리 플랜트에서의 식수 처리 프로젝트 지원을 포함합니다.
AECOM (NYSE: ACM) a été sélectionnée par la Peel Region pour fournir des services de gestion de programme pour le Queen Street Housing Enabling Infrastructure Program (HEIP) en Ontario, Canada. Cette initiative vise à construire des infrastructures essentielles pour les eaux usées et l'eau afin de soutenir le développement résidentiel imposé par le projet de loi 23, qui inclut l'objectif de l'Ontario de construire 1,5 million d'unités d'ici 2031.
Le champ d'intervention d'AECOM comprend la planification, la conception et la mise en œuvre de nouveaux systèmes d'eau et d'eaux usées pour répondre à la croissance accélérée et aux demandes de logements dans la région de Peel. Les travaux récents de l'entreprise dans la région incluent l'extension de l'installation de récupération des ressources en eau de Clarkson et le soutien à des projets de traitement de l'eau potable dans les usines de traitement de l'eau d'Arthur P. Kennedy et de Lorne Park.
AECOM (NYSE: ACM) wurde von der Peel Region ausgewählt, um Programmmanagementdienstleistungen für das Queen Street Housing Enabling Infrastructure Program (HEIP) in Ontario, Kanada, bereitzustellen. Diese Initiative zielt darauf ab, wesentliche Abwasser- und Wasserversorgungsinfrastrukturen zu schaffen, um die Wohnraumentwicklung nach dem Gesetzentwurf 23 zu unterstützen, der das Ziel Ontarios umfasst, bis 2031 1,5 Millionen Einheiten zu bauen.
Der Arbeitsumfang von AECOM umfasst die Planung, Gestaltung und Implementierung neuer Wasser- und Abwassersysteme, um den beschleunigten Wachstums- und Wohnungsbedarf in Peel zu decken. Die jüngste Arbeit des Unternehmens in der Region umfasst den Ausbau der Clarkson Wasserrückgewinnungsanlage und die Unterstützung von Trinkwasseraufbereitungsprojekten in den Wasseraufbereitungsanlagen von Arthur P. Kennedy und Lorne Park.
- Selected for program management services for a major infrastructure project in Ontario
- Project supports Ontario's goal to build 1.5 million housing units by 2031
- Expands AECOM's presence in the rapidly growing Peel Region
- Leverages AECOM's expertise in water infrastructure and program management
- None.
Insights
The Queen Street HEIP represents a significant infrastructure development initiative, aligning with Ontario's ambitious housing goals. This project is crucial for supporting urban growth and addressing the pressing need for housing in the region. The program's focus on water and wastewater systems is essential for sustainable urban development.
AECOM's selection for this project is noteworthy, given their extensive experience in the region and their global expertise in water infrastructure. Their involvement suggests a high-quality, efficient execution of the program, which could lead to accelerated housing development and improved urban services.
For investors, this contract signifies AECOM's strong position in the Canadian infrastructure market. It demonstrates the company's ability to secure large-scale, government-backed projects, which typically offer stable, long-term revenue streams. This project could potentially lead to further opportunities in Ontario's ambitious housing initiative, positioning AECOM for sustained growth in the region.
This contract win for AECOM is a positive development, reinforcing the company's strong market position in infrastructure consulting. While the exact contract value isn't disclosed, projects of this scale and complexity typically represent significant revenue opportunities. The Queen Street HEIP is likely to be a multi-year engagement, providing AECOM with a stable revenue stream and potentially enhancing its backlog.
Investors should note that this project aligns with AECOM's strategic focus on sustainable infrastructure and urban development, areas expected to see increased investment globally. The company's involvement in critical infrastructure projects supporting government initiatives could lead to reduced cyclicality in its business model.
Furthermore, AECOM's expanding presence in Canada's infrastructure sector could provide a hedge against potential slowdowns in other markets. This geographical diversification is valuable for maintaining steady growth and mitigating risks associated with regional economic fluctuations.
“We are proud to partner with
“Our teams have played a central role in shaping the Region’s water infrastructure, having already delivered an array of treatment facilities for this rapidly growing community,” said Beverley Stinson, chief executive of AECOM’s global Water business. “As the industry’s top global water firm, our unparalleled technical expertise prepares us to realize our clients' boldest ambitions as they accelerate their investments in water infrastructure modernization and expansion.”
The Queen Street HEIP plans to build essential infrastructure to support new housing projects, stimulate local economic growth and improve community well-being. AECOM’s scope of work for the program includes planning, designing, and implementing new water and wastewater systems to ensure residents have safe and reliable drinking water and wastewater services that meet the accelerated growth and housing demands in
“With our proven track record of managing complex water and wastewater programs, we are ready to deliver on this critical program,” said Richard Barrett, chief executive of AECOM’s
AECOM’s most recent work in the region includes the expansion of the Clarkson Water Resource Recovery Facility (WRRF), which aims to increase capacity at the facility to accommodate the area’s growing population as well as multiple projects supporting drinking water treatment at the Arthur P. Kennedy and Lorne Park water treatment plants.
About AECOM
AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of
Forward-Looking Statements
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Media Contact:
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1.213.996.2367
Brendan.Ranson-Walsh@aecom.com
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Source: AECOM
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