Bird Consortium Achieves Financial Close for Six Alberta Schools Under DBFM Contract

Executive Summary

• Bird Construction announced that the Concert‑Bird Partners consortium has been selected by Alberta Infrastructure as the preferred proponent for a DBFM contract covering six new elementary and junior high schools in Alberta, reaching financial close.
• The combined contract value is approximately $323 million.
• Upon completion, the schools will serve more than 5,300 students and provide roughly 490,000 sq ft of permanent structure space.

Key Details

• Consortium composition: Bird Capital Limited Partnership, Bird Design‑Build Construction Inc., Wright Construction Western Inc., Concert Infrastructure Ltd., Ainsworth Inc., and BR2 Architecture Inc.
• Project scope: Six new schools – three in Edmonton, one each in Calgary, Airdrie, and Cochrane.
• Delivery model: Public‑private partnership (P3) using a Design‑Build‑Finance‑Maintain approach.
• Financial close: Achieved as of the announcement date; total contract value ≈ $323 M.
• Student capacity: >5,300 students across all schools.
• Building area: Approximately 490,000 sq ft of permanent structures.
• Strategic rationale (CEO quote): The project aligns with Bird’s shift toward collaborative contracting models for greenfield, repeatable, standardized designs with clear scope definition, leveraging experience from >50 similar school projects.

Notable Quotes

“Bird’s long‑standing partnership with Concert Infrastructure reflects a shared track record of successfully delivering multi‑school programs under P3 models in Alberta and Saskatchewan… The P3 model is consistent with our disciplined approach to risk.” – Teri McKibbon, President & CEO, Bird Construction

Materiality Assessment: Material – Positive (significant new contract, sizable revenue potential, strategic relevance).