Hydro-Qu├ębec turns to steel suppliers for transmission towers

Montreal, QuÚbec -- - Montreal, Qu├ębec -- In the coming years, Hydro-Qu├ębec┬ĺs needs for steel towers will rise to double its regular average annual purchases. This temporary increase can be attributed to a number of major electricity transmission projects in Qu├ębec.

Market benchmarking carried out by Hydro-Qu├ębec shows that the cost of steel towers is approximately 40 percent lower on the international market. Hydro-Qu├ębec therefore decided to invite international suppliers, as well as local suppliers, to respond to a request for proposals to supply 5,000 tonnes of steel for towers.

Following a call for expressions of interest at the end of 2014, Hydro-Qu├ębec prequalified seven new international suppliers in this field. The addition of these new players will allow Hydro-Qu├ębec to take advantage of competitive prices internationally when purchasing additional steel towers, for the benefit of all Hydro-Qu├ębec customers. Hydro-Qu├ębec began this process many months ago and it has long been known by Qu├ębec suppliers.

In addition, Qu├ębec-based suppliers of steel towers, with whom Hydro-Qu├ębec has developed a long-standing business relationship, may see their volume increase by taking part in this international call for tenders if their bid is competitive.

Hydro-Qu├ębec is a driving force in economic development and has long favored suppliers from Qu├ębec. In 2014, goods and services purchased from Qu├ębec companies totalled $3,112 million. The number of jobs in Qu├ębec supported by our overall procurement of goods and services is estimated at 17,700, including 12,300 direct jobs.



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