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SNC-Lavalin announces the signing of an administrative agreement with Public Services and Procurement Canada with regards to events concerning the Jacques Cartier Bridge that occurred between 1997 and 2004
SNC-Lavalin announces the signing of an administrative agreement with Public Services and...
About this update from Atkinsrealis Group Inc.
[{"type":"text","content":"\n \n \n \n SNC-Lavalin announces the signing of an administrative agreement with Public Services and Procurement Canada with regards to events concerning the Jacques Cartier Bridge that occurred between 1997 and 2004\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n May 11, 2022\n \n \n /CNW Telbec/ - SNC-Lavalin (TSX: SNC), a fully integrated professional services and project management company with offices around the world, announces the signing of an administrative agreement with Public Services and Procurement Canada (PSPC). This agreement allows the Company to continue to do business with the Government of\n \n Canada\n \n in accordance with its Integrity Regime originally adopted on\n \n July 3, 2015\n \n .\n \n \n \"SNC-Lavalin employees in\n \n Canada\n \n know better than anyone the path we have taken in recent years to implement a world-class integrity program. We have done our homework and extensively transformed the company in terms of governance, operations and culture, while continuing to draw on relevant best practices\", said\n \n Ian L. Edwards\n \n , President and CEO, SNC-Lavalin Group Inc. \"We are focused on providing innovative solutions to address the world's most pressing challenges while remaining an important contributor to the Canadian economy.\"\n \n \n On\n \n September 23, 2021\n \n , the Quebec Crown Prosecutor's Office (DPCP) invited SNC-Lavalin to negotiate a remediation agreement (the \"Remediation Agreement\") following charges against SNC-Lavalin Inc. and SNC-Lavalin International Inc. under the Criminal Code of\n \n Canada\n \n for offences that occurred between 1997 and 2004 in connection with the Jacques Cartier Bridge Refurbishment project, a\n \n $128 million\n \n contract, of which SNC-Lavalin was a 50 percent consortium partner. In light of these charges and following an assessment of information provided by the company, PSPC invited SNC-Lavalin to negotiate an administrative agreement.\n \n \n \n Prevent, detect and respond to any risk of wrongdoing\...