CHARBONE HYDROGÈNE has entered into final negotiations for a special agreement based on a hybrid model between a cost-plus contract and an integrated project delivery agreement, between its wholly-owned subsidiary Charbone Hydrogène Québec and Construction Sorel Ltée. Completion of this agreement was the final item included in Charbone QC's construction budget for accelerated integration of major components, pre-construction activities and on-site construction of Phase I of its first hydrogen production plant in Sorel-Tracy in Quebec.The parties have agreed to a hybrid construction model for the Accord to ensure teams will prioritize collaboration and foster a sense of ownership and teamwork, as all parties involved will need to work together to achieve the desired results on site within the time and budget associated with the project. Charbone QC has already procured the necessary major components from its selected suppliers, and we expect them to be ready for delivery to Construction Sorel for integration work during the first week of March 2023. The team engineering from Charbone QC; BBA is responsible for the design/engineering and Construction Sorel is responsible for the modular integration of the main components and the coordination of all site work with its subcontractors.Charbone is a Canadian green hydrogen company established in North America.
CHARBONE HYDROGÈNE has entered into final negotiations for a special agreement based on a hybrid model between a cost-plus contract and an integrated project delivery agreement, between its wholly-owned subsidiary Charbone Hydrogène Québec and Construction Sorel Ltée. Completion of this agreement was the final item included in Charbone QC's construction budget for accelerated integration of major components, pre-construction activities and on-site construction of Phase I of its first hydrogen production plant in Sorel-Tracy in Quebec.The parties have agreed to a hybrid construction model for the Accord to ensure teams will prioritize collaboration and foster a sense of ownership and teamwork, as all parties involved will need to work together to achieve the desired results on site within the time and budget associated with the project. Charbone QC has already procured the necessary major components from its selected suppliers, and we expect them to be ready for delivery to Construction Sorel for integration work during the first week of March 2023. The team engineering from Charbone QC; BBA is responsible for the design/engineering and Construction Sorel is responsible for the modular integration of the main components and the coordination of all site work with its subcontractors.Charbone is a Canadian green hydrogen company established in North America.
