DIRTT Environmental Solutions (DRT.TO) announced Tuesday it has been awarded a significant contract from a large international company, for interior construction projects in multiple locations. Details on the amount of work to be completed at each location are dependent on final design specifications, creating the potential for this first phase to exceed the US$5 million contract value and develop into a longer-term partnership between DIRTT and that company.
"DIRTT's ability to build custom, flexible and beautiful spaces rapidly and with cost certainty were key factors in securing this partnership," says Mogens Smed, CEO of DIRTT. "DIRTT's commitment to challenging the conventional construction norms of environmentally-damaging materials, excess waste and project delays were also a significant factor."
The name of the international company was not provided.