Benzinga | Jul 15, 2021 09:01AM EDT

Stantec Awarded Design Services For Three Education Bond Programs In US

* Stantec Inc. (NYSE:STN) has been selected to provide design and engineering services for three K-12 district bond programs in San Antonio, Texas; Bastrop, Texas; and Caledonia, Michigan.

* These projects include facility renovations and expansions, technology upgrades, infrastructure improvements, and recreational spaces for the students of these communities, with an estimated construction cost of $260 million.

* Stantec supports schools across North America with design services, including Prince George County Public Schools in Maryland, for which the firm is providing architectural design within a project consortium.

* Price action: STN shares closed higher by 0.75% at $45.69 on Wednesday.