New Flyer mobility solutions now available
through simplified procurement in Oregon, with opportunity to expand procurement
into Washington, Alaska, and Idaho
ST. CLOUD, MN, Feb. 13, 2020 /CNW/ - (TSX: NFI) New Flyer of
America Inc. ("New Flyer"), a subsidiary of NFI Group Inc. ("NFI"),
one of the world's leading independent global bus manufacturers,
today announced that New Flyer has been selected by the Oregon
State Government as an approved supplier of heavy-duty low-floor
transit buses to the State of Oregon Heavy-Duty Transit Bus Price
Agreement.
The agreement was procured through the Oregon State Department
of Transportation ("ODOT") in collaboration with the Oregon
Department of Administrative Services, and simplifies the
procurement of heavy-duty low-floor transit buses for State
agencies of Oregon, Oregon
Cooperative Procurement Program participants, authorized members to
the State of Washington Master Contracts Usage Agreement, and upon
execution of a cooperative interstate agreement with the
State of Oregon, approved agencies
within the State of Idaho and
State of Alaska.
The agreement is for up to five (5) years, including a base term
of two (2) years with options to extend for three (3) additional
one-year (1) periods. Under the contract, New Flyer can provide a
wide range of products on its proven Xcelsior® platform,
including thirty-five-foot and forty-foot buses offered in
zero-emission electric, low-emission diesel-electric hybrid,
low-emission compressed natural gas ("CNG"), and clean diesel
propulsions.
"We commend the State of Oregon
on a simplified procurement process for transit buses, touching
four states and allowing its agencies access to safe and reliable
mobility solutions to keep growing communities moving," said
Chris Stoddart, President, New
Flyer. "We are excited to continue supporting Oregon's leading transit agencies in
delivering sustainable, accessible, and efficient transportation
solutions, and also look forward to expanded mobility in the states
of Washington, Idaho, and Alaska."
Since 1997, New Flyer has delivered nearly 450 buses in the
state of Oregon, including the
recent delivery of 40-foot zero-emission, battery-electric Xcelsior
CHARGE™ buses delivered to Tri-County Metropolitan Transportation
District of Oregon (TriMet) in
Portland.
Oregon's transit systems
provide over 52 million miles and 3 million hours of transit
service to over 127 million rides per year. A fleet of more than
2,400 publicly owned transit vehicles serve Oregon, with ODOT resources helping purchase
about half of these vehicles1.
The contract aligns with New Flyer's strategy of supporting
state procurements and cooperative purchasing agreements, from
which transit agencies within a prescribed region or defined list
can purchase. These contracts, however, are not recorded in backlog
as they do not have defined quantities allocated to NFI, or any
other original equipment manufacturer. Once an agency purchases a
bus under one of these agreements, the purchase is recorded as a
firm order.
In alignment with ODOT's Affirmative Action program designed to
ensure equal employment opportunity without regard to race, color,
religion, national origin, disability or sexual orientation, New
Flyer remains proudly committed to partnering with DBE firms, or
those operated by socially and economically disadvantaged persons,
including minority and women-owned businesses ("MBE" and "WBE"), to
advance fair and inclusive procurement opportunities. In addition,
in January 2020 New Flyer announced
an expansion to its partnership with the Transportation Diversity
Council, focused on its forthcoming national Community Benefits
Framework that will build on existing workforce diversity and
workforce development initiatives to administer local agreements
with transit agencies, community partners, and local agencies to
support communities. For more information on New Flyer's social
governance initiatives and performance, visit the NFI Environmental
Social Governance Report at nfigroup.com/ESGR2019.
New Flyer has been leading innovation in mobility for nearly 90
years, and today supports growing North American cities with
sustainable buses, technology, and infrastructure. It also operates
the Vehicle Innovation Center, the first and only innovation lab of
its kind dedicated to advancing bus technology and providing
essential workforce development through electric bus training. New
Flyer was the first bus manufacturer in the world to sign on to the
Shared Mobility Principles for Livable Cities, and is currently
developing automated bus technology to improve safety in public
transit.
About NFI
With 9,000 team members operating from more than 50 facilities
across ten countries, NFI is a leading independent global bus
manufacturer providing a comprehensive suite of mass transportation
solutions under brands: New Flyer® (heavy-duty transit
buses), Alexander Dennis Limited (single and double-deck buses),
Plaxton (motor coaches), MCI® (motor coaches),
ARBOC® (low-floor cutaway and medium-duty buses), and
NFI Parts™. NFI buses and motor coaches incorporate the widest
range of drive systems available including: clean diesel, natural
gas, diesel-electric hybrid, and zero-emission electric (trolley,
battery, and fuel cell). In total, NFI now supports over
105,000 buses and coaches currently in service around the world.
NFI common shares are traded on the Toronto Stock Exchange under
the symbol NFI. News and information are available at
www.nfigroup.com, www.newflyer.com, www.mcicoach.com,
www.arbocsv.com, www.alexander-dennis.com, and
www.nfi.parts.
About New Flyer
New Flyer is North America's
heavy-duty transit bus leader and offers the most advanced product
line under the Xcelsior® and Xcelsior CHARGE™ brands. It
also offers infrastructure development through New Flyer
Infrastructure Solutions™, a service dedicated to providing safe,
sustainable, and reliable charging and mobility solutions. New
Flyer actively supports over 41,000 heavy-duty transit buses (New
Flyer, NABI, and Orion) currently in service, of which 7,300 are
powered by electric motors and battery propulsion and 1,600 are
zero-emission. Further information is available at
www.newflyer.com.
Forward-Looking Statements
This press release may contain forward-looking statements
relating to expected future events and financial and operating
results of NFI Group that involve risks and uncertainties. Although
the forward-looking statements contained in this press release are
based upon what management believes to be reasonable assumptions,
investors cannot be assured that actual results will be consistent
with these forward-looking statements, and the differences may be
material. Actual results may differ materially from management
expectations as projected in such forward-looking statements for a
variety of reasons, including market and general economic
conditions and economic conditions of and funding availability for
customers to purchase buses and to purchase parts or services,
customers may not exercise options to purchase additional buses,
the ability of customers to suspend or terminate contracts for
convenience and the other risks and uncertainties discussed in the
materials filed with the Canadian securities regulatory authorities
and available on SEDAR at www.sedar.com. Due to the potential
impact of these factors, the NFI Group disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
unless required by applicable
law.
1
https://oregondot.foleon.com/odot/2018-sos/mobility-and-accessibility/
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SOURCE New Flyer of America Inc.