BWI Awarded Second Year of $11.2 Million Contract

Budget Waste Inc. announced that its Hopewell Residential Communities Inc., a residential developer in the province of Alberta, will continue for the second year of a ten year contract with BWI Holdings, Inc. to serve as the exclusive supplier of waste bins and sorting for recycling in the Mahogany community based on the excellent service provided by Budget Waste Inc.

Mahogany is being developed and managed by Hopewell Residential Communities Inc. that will, upon completion over a 10 to 15 year period, yield about 8,000 single and multi family homes within the City of Calgary.

Budget's recycling contract for Mahogany has an estimated contract value of $11.2 million over the term of the project.