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Site C dam building contract valued at $1.75B

The biggest contract for the $8.3 billion dollar Site C dam project has been signed. BC Hydro has reached an agreement with Peace River Hydro Partners for its main civil works, valued around $1.75 billion.

The group is made up on ACCIONA Infrastructure Canada, Petrowest Corporation, and Samsung C&T Canada. The contract include building an earthfill dam, two diversion tunnels and a concrete foundation for the generating station and spillways.

Hydro says the work should create roughly 8,000 person-years of work over eight years, employing 1,500 people in northeast B.C. at its peak.

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