Fierce competition for Toronto 407 ETR highway expansion contract

ACS of Spain and Ferrovial are competing for the contract to construct and exploit the second phase of expanding the 407 ETR highway in Toronto, Canada – one of the world’s biggest toll highways. Ferrovial has been managing the 407 ETR highway since 1999 and secured the first phase of its expansion. Currently, ACS and Ferrovial lead two of the three groups invited to present bids for the second phase of the expansion. The third group is headed by Canada's SNC Lavalin, which is Ferrovial's current partner i
April 24, 2014 Read time: 2 mins
917 ACS of Spain and 2717 Ferrovial are competing for the contract to construct and exploit the second phase of expanding the 407 ETR highway in Toronto, Canada – one of the world’s biggest toll highways.

Ferrovial has been managing the 407 ETR highway since 1999 and secured the first phase of its expansion. Currently, ACS and Ferrovial lead two of the three groups invited to present bids for the second phase of the expansion. The third group is headed by Canada's 2482 SNC Lavalin, which is Ferrovial's current partner in the management of the current stretch of the highway. The groups are being given six months to present their proposals. The second phase highway expansion project consists of the construction, financing and operation of another 23km of the 407 ETR highway to the East - a new stretch that will link Clarintong and Oshawa, which will also have four lanes each way.

The first 407 ETR highway expansion phase will add 22km to the overall route, which currently runs for 108km, with the new highway stretch forecast to start operating in late-2015. The second 407 ETR highway expansion stretch will be brought online in stages with one stretch starting operation in 2017, and the rest in 2020.
Road Structures Highway & Network Management

For more information on companies in this article

Related Content

  • S&P Global Rating: credit stability for toll road operators
    August 14, 2017
    The outlook is generally stable for business conditions and credit quality for toll roads worldwide, according to the latest survey from ratings agency S&P Global.The exception is the US where the overall outlook is “positive”, noted the report S&P Global Ratings' 2017. The 21-page report considers broad economic and industry-specific trends. It looks at economic conditions, demographic trends and geopolitical risks that affect the movement of people and goods. “We expect stable or improving, but still frag
    Read More
  • Virginia state issues RFP for $2.1 billion Interstate 66 toll expansion
    December 23, 2015
    The Virginia Department of Transportation (VDOT) has issued a draft request for proposals (RFP) for the US$2.1 billion Interstate 66 tolled expansion project. Work under a 40-50-year public-private partnership is expected to include construction of 46km of lanes.
    Read More
  • Bertha restarts work on Seattle’s Alaskan Highway Viaduct project
    September 19, 2016
    Bertha, the tunnelling machine that is making its way under the US city of Seattle, has restarted work after nearly three weeks of scheduled maintenance downtime. The machine has been sitting more than 51m underground while crews replaced of 14 large cutting tools, according to the Washington State Department of transportation. Each tool weighs just under 275kg. Bertha - as the SR 99 tunnelling machine is called – is working on the Alaskan Way Viaduct Replacement Program. The Alaskan Way is an elevate
    Read More
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
    Read More

Highlighted Content