Bombardier Receives a $379 Million Contract for an
Automated Monorail System for Las Vegas, Nevada
MONTREAL, QUEBEC--SEPTEMBER 21, 2000 - 09:00 EDT
Bombardier Transportation, through Bombardier
Transit Corporation, has signed a contract with the Las Vegas
Monorail Company to design and build a driverless, urban monorail
transportation system east of the Las Vegas Boulevard in the heart
of the resort corridor. Bombardier, as a member of a consortium,
will be responsible for the electrical and mechanical systems of
the fully automated monorail line, including 36 M-VI monorail
cars. This contract is valued at CDN$296 million (US$200
million). Bombardier will operate the system for an initial five
years with an option for an additional ten years. The five-year
Operations and Maintenance contract assigned to Bombardier carries
a value of CDN$83 million (US$56 million).
The total capital cost of the project is valued at CDN$524 million
(US$354 million). The design, build, and equip contract calls for
Bombardier and consortium partner Granite Construction Company to
be responsible for the turnkey design, construction, and
system-wide elements of the complete monorail system. Granite
Construction will assume responsibility for civil works.
The new Las Vegas Monorail will link seven stations over 6.4 km
(four miles) of elevated dual-monorail guideway, integrating the
two existing stations and re-equipping the approximate 1.6-km
(one-mile) guideway of the MGM-Grand Bally's former monorail line.
The 36-car monorail fleet, to be operated in nine 4-cars trains,
will provide direct service to eight major resort properties and
the Las Vegas convention centre. Expected to carry 19 million
passengers the first year, the Las Vegas Monorail is an urbanized
version of the Mark VI monorail that Bombardier supplied for Walt
Disney World in Orlando, Florida, USA. The monorail system is
expected to enter revenue service in 2004.
Bombardier Transportation's Transit Systems unit, based in
Kingston, Ontario, Canada, will be responsible for overall system
design, vehicles, systems engineering and integration, supply of
train control, communications and power supply systems, automatic
fare collection, the operations and maintenance facility, and
testing and commissioning. The monorail fleet will be built at
the Bombardier Transportation manufacturing facility, also located
in Kingston.
Bombardier Transportation, a world leader in the manufacturing of
passenger rail cars, offers a full range of urban, suburban and
intercity vehicles as well as complete rail transit systems
worldwide. It also manufactures freight cars and provides
operations and maintenance services.
Bombardier Inc., a diversified manufacturing and service company,
is a world leading manufacturer of business jets, regional
aircraft, rail transportation equipment and motorised recreational
products. It is also a provider of financial services and asset
management. The Corporation employs 56,000 people in 12 countries
in North America, Europe and Asia, and more than 90% of its
revenues are generated outside Canada. Bombardier's revenues for
its fiscal year ended Jan. 31, 2000 totalled $13.6 billion.
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