Posted Aug 24, 2009, 3:37 PM
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National Capital Region
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Join Date: Nov 2005
Location: Eastern Ontario
Posts: 9,244
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Aecon submits $78.9M bid for new U of O tower
<http://www.ottawabusinessjournal.com/326295370541800.php>
By Peter Kovessy <mailto:peter.kovessy@transcontinental.ca>, Ottawa Business Journal Staff
Mon, Aug 24, 2009 1:00 AM EST
Demolition and site prep work to be completed by end of month
The country's largest publicly traded construction company has submitted the lowest bid to construct a new 275,500-square-foot building for the University of Ottawa, officials say.
Aecon's $78.9-million submission was $1 million less than the next lowest bidder, Pomerleau.
The university must still confirm the official bids this week.
The new 15-storey social sciences tower is the centrepiece of the university's five-year capital improvement plan and was designed by a joint venture led by Ottawa-based KWC Architects Inc. and Diamond + Schmitt Architects Inc. in Toronto.
The new building will be used by the university's faculty of social sciences and feature classrooms, a student lounge, auditoriums, a student cafe and offices.
A central pavilion, consisting of an atrium space, will fill the centre of the ground floor and allow pedestrians to walk from the transit station to the north part of campus, according to documents filed with the city.
The campus property, located at 120 University Pvt. and visible from the Transitway and Nicholas Street, is the former site of the university's child studies centre. Earlier this year, TOFCON Construction Inc. received a $1,836,111 contract to demolish the 50,000-square-foot building and prepare the site for the next phase.
"Part of our contract was doing some excavation and doing shoring, as well as new electrical distribution," says TOFCON president John O'Farrell. He adds work started in February and that the company will wrap up its part of the project at the end of this month.
TOFCON has received several contracts from the University of Ottawa over the past year, including approximately $3.4 million in renovations and additions to Lamoureaux Hall, roughly $3.4 million for the second and third phases of renovations to 200 Lees Ave. and a $752,000 renovation job of Morisset Library.
Aecon, meanwhile, reported earlier this month its second-quarter net income fell to $9.9 million, or 18 cents per share, from $15.6 million a year earlier. In the three months ending June 30, the construction and infrastructure company brought in a record $613 million in revenues, up from $438 million.
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UNIVERSITY OF OTTAWA SOCIAL SCIENCE TOWER BID RESULTS
Aecon $78,900,000
Pomerleau $79,900,000
EllisDon $81,788,000
PCL $82,500,000
Vanbots $84,995,000
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