Bombardier awarded 30-year services contract for Toronto’s Finch West Light Rail Transit project
Bombardier to maintain fleet of light rail vehicles and wayside systemsContract reflects Bombardier’s strong position in the North American Public Private Partnership services market
BERLIN, Dec. 23, 2020 (GLOBE NEWSWIRE) –Note to editors: To view the photo associated with this press release, please visit the following link:https://www.globenewswire.com/NewsRoom/AttachmentNg/e899ca50-2d39-4205-b72e-dfd19fa89afcGlobal mobility technology leader Bombardier Transportation announced today that it has signed a contract with Mosaic Transit Partners Maintenance GP (MTM) to provide 30 years of maintenance services for the Finch West Light Rail Transit (LRT) project in Toronto. Under the agreement, Bombardier will maintain a fleet of light rail vehicles as well as wayside track and overhead catenary system assets for the new LRT line scheduled to be completed in 2023.The Finch West LRT project is a Public Private Partnership (PPP) of Infrastructure Ontario, Metrolinx and Mosaic Transit Group. Mosaic was awarded a contract to design, build, finance and maintain the new LRT line that will run along Finch Avenue West in Toronto and be fully integrated with the city’s existing transit system. Bombardier will be a subcontractor to MTM, which is a joint venture of ACS Infrastructure and AECON.“We are delighted to be part of the team that is expanding mobility options for the citizens of the Greater Toronto and Hamilton Area (GTHA),” said Elliot G. (Lee) Sander, President, Americas Region, Bombardier Transportation. “We bring our deep understanding of transportation in the GTHA region and our extensive experience as a provider of mobility solutions and participant in PPPs to ensure that Finch West LRT will provide the same high level of safe, efficient and reliable transportation as the rest of the Metrolinx network.”Globally, Bombardier supports over 600 services projects with 9,000 services employees in 14 countries. In North America alone, Bombardier provides maintenance and/or operations services for transit systems including Metrolinx (GO Transit and UP Express) in Toronto, exo in Montreal, OC Transpo in Ottawa, TransLink (West Coast Express) in British Columbia, Central Florida Commuter Rail (SunRail), the Maryland Transit Administration (MARC Brunswick and Camden Lines), NJ TRANSIT (River Line), North County Transit District (COASTER and SPRINTER rail services) in California, and the Southern California Regional Rail Authority (Metrolink). In addition, Bombardier will maintain the fleet and wayside systems for the Toronto Eglinton Crosstown Line and, as part of TransEd O&M Partners GP, will provide turnkey operations and maintenance services for the new Edmonton Valley Line in Alberta. Bombardier also operates and maintains automated transit systems at 14 airports in the United States and supports customers with overhaul and refurbishment programs, as well as with material and technology solutions.About Bombardier Transportation
Bombardier Transportation is a global mobility solution provider leading the way with the rail industry’s broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services. Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 36,000 people and its products and services operate in over 60 countries.About Bombardier
With over 52,000 employees across two business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.Headquartered in Montréal, Canada, Bombardier has production and engineering sites in over 25 countries across the segments of Aviation and Transportation. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2019, Bombardier posted revenues of $15.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.Notes to editors
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