Siemens Canada wins Go Transit contract
$280m contract largest in agency’s history.
Toronto-based Go Transit awarded Siemens Canada Limited an electrical and communications contract for its Union Station project.
The $280 million contract, which is the largest contract in GO Transit's history, governs the design, supply, installation and commissioning of a new train control signals system to replace the outdated system that has been in operation since the 1920s.
The initiative is part of the GO Transit Rail Improvement Program (GO TRIP), a billion-dollar expansion initiative funded by the governments of Canada and Ontario, as well as Greater Toronto Area municipalities, through the Canada Strategic Infrastructure Fund (CSIF). The CSIF provides federal funding to large-scale transportation infrastructure projects of major national and regional significance.
The Government of Canada will be contributing approximately $90 million toward the project, with the Province of Ontario contributing the remainder. Work on the design of this project is scheduled to begin in December and is expected to be complete in 2014.
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