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Be the first with the news that moves the market- Portland’s Water Bureau has chosen Stantec (TSX:STN) to lead the design of the Bull Run Filtration Project
- The project will involve integrating the new filtration facility into the existing infrastructure
- The planned filtration system will include technology to remove cryptosporidium parasites from drinking water
- When the facility comes online in 2027, it will be Portland’s first filtration system
- Stantec is down 0.54 per cent, and is currently trading at $31.25 per share
Design firm, Stantec (TSX:STN), has been chosen by Portland’s Water Bureau to lead design of the Bull Run Filtration Project.
The $51 million contract will result in the construction of Portland’s very first filtration facility. 20 per cent of Stantec’s design budget will employ disadvantaged, minority-owned, women-owned, and emerging small businesses in the project.
Stantec will also collaborate with PWB to integrate the new facility into existing infrastructure at the Bull Run water supply.
The Bull Run Watershed, located in the Mount Hood National Forest east of the city, is Portland’s primary water source. It is 102 square miles and currently unfiltered.
Portland Water Bureau Director, Mike Stuhr, spoke with optimism about the project.
“This facility will provide clean, safe water for the nearly one million people who use our resources, and make the Bull Run supply more reliable and resilient for future generations,” Mike said.
The planned filtration system will remove sediment, organic material, and other potential contaminants from Portland’s drinking water. It will also include technology to remove cryptosporidium parasites from the water.
The facility will provide a treatment capacity of 145 millions gallons of water per day – enough to cater to growing population demands through to 2045.
In order to prepare for future risks posed by climate change and seismic events, the filtration facility will have resilience features installed.
Stantec senior principal, Mark Graham, commented on the contract.
“The Stantec Team has unmatched experience delivering large-scale water treatment projects in the Pacific Northwest. Our key staff have planned, designed, or optimised 75 per cent of the largest WTP’s in the region,” he said.
“We are confident the Bull Run Filtration Project will play a critical role in protecting the health of Portland’s drinking water and safeguarding our community against risks to the watershed for generations to come,” Mark predicted.
Stantec’s share price is down 0.54 per cent, and is currently trading at $31.25 per share at 2:11pm EST.
