News
HBR issues RFP for railway inspection via helicopter
July 12, 2018 By Helicopters Staff
Hudson Bay Railway has issued an RFP, through its engineering firm AECOM, for six unnamed contractors who will have the opportunity to conduct an inspection of a railway line via helicopter. The RFP is based on Hudson Bay Railway (HBR) selling its assets to a consortium of parties.
On July 3, Hudson Bay Railway (HBR) announced acquisition discussions had broken down with the consortium that includes two First Nations groups and Fairfax Financial regarding the purchase of the HBR, the Port of Churchill, and other related assets. However, discussions resumed on July 9. HBR initiated the repair process on the railway line in late June by issuing the RFP through AECOM.
Sergio Sabatini, president of Hudson Bay Railway, said, “We are pleased to announce that our negotiations with the consortium resumed on Monday [July 9], and we are once again in active discussions to finalize the sale of the HBR. We believe that an expeditious transfer of ownership of the line is best for all concerned, and we are making every effort to advance sale discussions. This includes initiating the repair process, so that we are in the best position to complete a transaction.”
The company also reaffirmed its intention to appeal a recent CTA decision, stating that although the repair process has been initiated in compliance with the CTA decision, the HBR is not in a position to fund completion of the repairs in the absence of a sale agreement or government funding.
