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May 23, 2023

Bird Awarded BC Ferries' Maintenance Facility Redevelopment

DATE: MAY 23, 2023

The FMU Redevelopment Project aims to revitalize BC Ferries' existing facility situated in Richmond, British Columbia, enhancing its capabilities and increasing its capacity to meet the demands of BC Ferries' operational needs. The FMU facility currently handles a substantial portion of the maintenance, repair, and upgrades for BC Ferries' 39-vessel fleet.

Under the redevelopment plan, Bird will renovate five existing buildings to accommodate various BC Ferries user groups throughout the project timeline. In addition, a key aspect of the project is to replace several older buildings, including the existing machine shop, with a state-of-the-art multipurpose machine shop expanding the existing operational space by almost three times. Seismic work, flood mitigation, stormwater management and energy efficiency prioritization will be incorporated to enhance and modernize the facility.

"Bird is looking forward to collaborating closely with BC Ferries throughout the redevelopment, ensuring seamless execution and successful project completion," said Teri McKibbon, President and CEO of Bird. "This is an important project for BC Ferries and we are excited to bring our expertise and dedication to deliver a modern, efficient, and sustainable facility that will support BC Ferries' operational needs for years to come."

This press release contains forward-looking information (as defined in applicable Canadian securities legislation) that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance, or achievements to materially differ from those expressed or implied by the forward-looking information.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

For further information, contact:
T.L. McKibbon, President & CEO or
W.R. Gingrich, CFO
Bird Construction Inc.
5700 Explorer Drive, Suite 400
Mississauga, ON L4W 0C6
Phone: (905) 602-4122

About Bird Construction   

Bird (TSX: BDT) is a leading Canadian construction company operating from coast-to-coast and servicing all of Canada's major markets. Bird provides a comprehensive range of construction services from new construction for industrial, commercial, institutional, and civil infrastructure markets; to industrial maintenance, repair and operations services, heavy civil construction, and mine support services; as well as vertical infrastructure including, electrical, mechanical, and specialty trades. For over 100 years, Bird has been a people-focused company with an unwavering commitment to safety and a high level of service that provides long-term value for all stakeholders.


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