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Kicking Horse Canyon Wins Global Best Project of the Year Award

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Parsons (NYSE: PSN) announced that the Kicking Horse Canyon Phase 4 (KHCP4) project in British Columbia has won the 2024 Global Best Project Award in the Road/Highway category from Engineering News-Record. The $600M project, delivered by a joint venture between Aecon Constructors, Parsons, and Emil Anderson Construction, transformed 4.8 km of the Trans-Canada Highway 1 into a four-lane divided highway.

The project features innovative design elements including accelerated bridge construction and viaducts, addressing challenges in steep terrain prone to rockfall, avalanches, and debris flows. Opening in November 2023, KHCP4 improved safety, stability, and operational efficiency with a 100 km/h design speed and enhanced geohazard mitigation.

Parsons (NYSE: PSN) ha annunciato che il progetto Kicking Horse Canyon Phase 4 (KHCP4) in British Columbia ha vinto il Global Best Project Award 2024 nella categoria Strade/Autostrade assegnato da Engineering News-Record. Il progetto da 600 milioni di dollari, realizzato da un joint venture tra Aecon Constructors, Parsons e Emil Anderson Construction, ha trasformato 4,8 km della Trans-Canada Highway 1 in un'autostrada a quattro corsie divisa.

Il progetto presenta elementi di design innovativi, tra cui costruzione accelerata di ponti e viadotti, affrontando sfide in terreni ripidi soggetti a caduta di rocce, valanghe e flussi di detriti. Inaugurato a novembre 2023, KHCP4 ha migliorato la sicurezza, la stabilità e l'efficienza operativa con una velocità di progetto di 100 km/h e una migliore mitigazione dei georischi.

Parsons (NYSE: PSN) anunció que el proyecto Kicking Horse Canyon Phase 4 (KHCP4) en Columbia Británica ha ganado el Premio Global al Mejor Proyecto 2024 en la categoría de Carreteras/Autopistas de Engineering News-Record. El proyecto de 600 millones de dólares, entregado por una empresa conjunta entre Aecon Constructors, Parsons y Emil Anderson Construction, transformó 4.8 km de la Trans-Canada Highway 1 en una autopista dividida de cuatro carriles.

El proyecto cuenta con elementos de diseño innovadores, incluidos la construcción acelerada de puentes y viaductos, abordando desafíos en terrenos empinados propensos a caídas de rocas, avalanchas y flujos de escombros. Inaugurado en noviembre de 2023, KHCP4 mejoró la seguridad, la estabilidad y la eficiencia operativa con una velocidad de diseño de 100 km/h y una mejor mitigación de peligros geológicos.

파슨스 (NYSE: PSN)는 브리티시 컬럼비아의 Kicking Horse Canyon Phase 4 (KHCP4) 프로젝트가 Engineering News-Record의 도로/고속도로 부문에서 2024 글로벌 최우수 프로젝트 상을 수상했다고 발표했습니다. 6억 달러 규모의 이 프로젝트는 Aecon Constructors, Parsons 및 Emil Anderson Construction의 합작 투자로 수행되었으며, Trans-Canada Highway 1의 4.8km를 4차선 분리 고속도로로 변형했습니다.

이 프로젝트는 암석 낙하, 눈사태 및 잔해 유출에 취약한 가파른 지형에서의 문제를 해결하기 위해 가속화된 교량 건설 및 고가교를 포함한 혁신적인 설계 요소를 특징으로 합니다. 2023년 11월에 개통된 KHCP4는 시속 100km의 설계 속도와 향상된 지질 위험 완화로 안전성, 안정성 및 운영 효율성을 개선했습니다.

Parsons (NYSE: PSN) a annoncé que le projet Kicking Horse Canyon Phase 4 (KHCP4) en Colombie-Britannique a remporté le Global Best Project Award 2024 dans la catégorie Routes/Autoroutes décerné par Engineering News-Record. Le projet de 600 millions de dollars, réalisé par un consortium composé d'Aecon Constructors, Parsons et Emil Anderson Construction, a transformé 4,8 km de la Trans-Canada Highway 1 en une autoroute divisée à quatre voies.

Le projet se distingue par des éléments de conception innovants, tels que la construction accélérée de ponts et de viaducs, répondant aux défis d'un terrain escarpé sujet aux chutes de pierres, aux avalanches et aux coulées de débris. Inauguré en novembre 2023, KHCP4 a amélioré la sécurité, la stabilité et l'efficacité opérationnelle avec une vitesse de conception de 100 km/h et une meilleure atténuation des risques géologiques.

Parsons (NYSE: PSN) gab bekannt, dass das Projekt Kicking Horse Canyon Phase 4 (KHCP4) in British Columbia den Global Best Project Award 2024 in der Kategorie Straßen/Autobahnen von Engineering News-Record gewonnen hat. Das 600 Millionen Dollar teure Projekt, das von einem Joint Venture zwischen Aecon Constructors, Parsons und Emil Anderson Construction realisiert wurde, verwandelte 4,8 km der Trans-Canada Highway 1 in eine vierspurige getrennte Autobahn.

Das Projekt umfasst innovative Designelemente, darunter beschleunigte Brückenbau und Viadukte, die Herausforderungen in steilem Terrain, das anfällig für Steinschläge, Lawinen und Trümmerflüsse ist, ansprechen. Die Eröffnung im November 2023 verbesserte die Sicherheit, Stabilität und Betriebseffizienz mit einer Entwurfsgeschwindigkeit von 100 km/h und einer verbesserten Georisikominderung.

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 CHANTILLY, Va., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Kicking Horse Canyon Phase 4 (KHCP4), a transformative infrastructure initiative in British Columbia (BC), Canada, has been awarded the prestigious 2024 Global Best Project Award in the Road/Highway category by Engineering News-Record (ENR). Led by Kicking Horse Canyon Constructors – a joint venture between Aecon Constructors, Parsons Corporation, and Emil Anderson Construction – the project was delivered in partnership with the Transportation Investment Corporation and the BC Ministry of Transportation and Infrastructure.

Parsons, a joint venture partner, also served as lead design engineer for the $600M major highway improvement project. KHCP4 is a Design-Build initiative that includes the design and construction of improvements to 4.8 km (3 miles) of the existing Trans-Canada Highway 1 to provide a four-lane divided standard with a 100 km/h (60mph) design speed and geohazard mitigation. The project’s design incorporated state-of-the-art technologies and used innovative methods such as accelerated bridge construction and viaducts to navigate difficult conditions, ensuring minimal disruption and efficient progress despite identified challenges. This award recognizes the project’s outstanding engineering, innovative design, and exceptional teamwork.

"The successful completion of Kicking Horse Canyon Phase 4 was not only a significant engineering achievement but also an example of how collaboration and cutting-edge technology can address complex environmental and geotechnical challenges,” said Mark Fialkowski, president, Infrastructure North America for Parsons. “Through collaborative teamwork, we’ve helped enhance safety, reliability, and resilience on one of Canada’s most critical transportation corridors. We are proud to have contributed to the long-term prosperity of the region and the safety of the thousands of travelers who rely on this highway every day."

The project, which opened in November 2023, is celebrated for its extraordinary efforts to upgrade and stabilize a vital highway segment. This section of the Trans-Canada Highway 1 runs through steep terrain in a canyon prone to rockfall, avalanches, and debris flows, making it a high-risk area for both road users and infrastructure. The project was undertaken to improve safety, stability, and operational efficiency and to enhance the highway's resilience against increasingly severe weather events and geotechnical hazards.

Parsons has decades of experience designing, delivering, and protecting the infrastructure that connects our communities around the world, including roads and highways; bridges; passenger and freight rail; public transit; airports; and ports and waterways. Our experience includes more than 10,000 miles of roadways, 4,500 bridges, and more than 50 advanced traffic management system deployments that help cities and states improve safety and travel efficiency while also reducing emissions and energy costs to enhance the quality of life in the communities we serve.

To learn more about Parsons’ road and highway expertise, visit www.Parsons.com/road-highway/.

About Parsons
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.

Media Contact:
Lexus K. White
+1 470.510.6690
Lexus.White@parsons.com

Investor Relations Contact:
Dave Spille
+ 1 571.655.8264
Dave.Spille@parsons.us


FAQ

What award did Parsons (PSN) win for the Kicking Horse Canyon project in 2024?

Parsons (PSN) won the 2024 Global Best Project Award in the Road/Highway category from Engineering News-Record for the Kicking Horse Canyon Phase 4 project.

How long is the Kicking Horse Canyon Phase 4 highway improvement project?

The Kicking Horse Canyon Phase 4 project improved 4.8 kilometers (3 miles) of the Trans-Canada Highway 1.

What was the cost of the Kicking Horse Canyon Phase 4 project by Parsons (PSN)?

The Kicking Horse Canyon Phase 4 project was a $600 million major highway improvement project.

When did the Parsons (PSN) Kicking Horse Canyon Phase 4 project open?

The Kicking Horse Canyon Phase 4 project opened in November 2023.

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