Grande West Transportation Group (BUS-V) Sept 8, '16 a manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United-States, is pleased to announce that the City of Edmonton has awarded Grande West a long term supply contract for mid-size 30 foot Vicinity® buses.
The contract has forecasted quantities (firm and options) for up to forty-five (45) buses, allows the City to increase the number of buses as required and extend the contract for up to 5 years. The initial 2017 delivery order is for six (6) Vicinity buses valued at approximately $2.33 million CAD. The 5 year contract value, if fully exercised, is estimated at approximately $18 million CAD.
"We are extremely proud of this important award from the City of Edmonton," said Jean-Marc Landry, Grande West's Vice President, Business Development, "This order reinforces Grande West's strong momentum and growing market share in Canada."
About Grande West Transportation Group
Grande West Transportation Group is a Canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. Grande West's Vicinity bus is available in 30 and 35 foot models designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions.
The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in most Provinces across the country. Grande West is also receiving orders in the much larger US market from private operators, while working towards a 'Buy America' certification in order to sell to federal and state transit authorities.
Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Grande West Transportation
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| John LaGourgue
| Ph: 1-604-607-4000
| jlagourgue@grandewest.com
| www.grandewest.com
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| Paradox Public Relations
|
| Carl Desjardins
| Ph: 1-866-460-0408
| carldesjardins@paradox-pr.ca
| www.paradox-pr.ca
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