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Randall Bell
September 26, 2023
Page 4

CLEANING UP LAKE ONTARIO – FINAL STAGE OF THE RANDLE REEF REMEDIATION

Randall Bell
September 26, 2023
Page 4

IJC.org

State and local government officials recently announced the start of Stage 3 of its Randle Reef Contaminated Sediment Remediation Project. With over 150 years of industrial contamination, federal, provincial, regional, municipal governments, and local stakeholders have worked together to complete the first 2 Stages, which managed over 615,000 cubic meters of contaminated sediment.

Milestone Environmental Contracting Inc. won a bidding contract for $29.2 million to complete the first phase of Stage 3 construction, which involves the installation of a multi-layered environmental cap as a final step to isolate contaminants.

The final stage of the project is expected to finish in 2025. Following completion, the Hamilton-Oshawa Port Authority will be transferred responsibility for the engineered containment facility.

Tagged: #complexvaluation, #realestateappraisal

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