Preliminary utilities work is set to begin in September on the last section a ring road around the Canadian city of Calgary.
The Calgary Herald newspaper quoted the Alberta provincial infrastructure and transportation minister Brian Mason saying that the project is on schedule. He said “everything is going as planned … It’s important that we keep on top of this and it’s important that we keep it moving forward and so far we’re doing just that.”
The public-private-partnership project for the southwest
Preliminary utilities work is set to begin in September on the last section a ring road around the Canadian city of Calgary.
The Calgary Herald newspaper quoted the Alberta provincial infrastructure and transportation minister Brian Mason saying that the project is on schedule. He said “everything is going as planned … It’s important that we keep on top of this and it’s important that we keep it moving forward and so far we’re doing just that.”
The public-private-partnership project for the southwest section involves construction of a 31km stretch of highway varying between six and eight lanes, 14 interchanges, a road flyover, a railway crossing and three river crossings over Elbow River and Fish Creek.
The ring road is one of the few remaining PPP projects in Alberta that will continue after Mason said in April that the left of centre provincial government is putting a hold on such deals in the future. Mason, however, wouldn’t entirely rule out using the procurement method, only that he said would stick to the traditional funding methods for a new five-year US$26.2 billion capital construction programme.
Consortium Mountain View Partners was recently chosen as contractor for the public-private partnership deal. Under the design, build, finance, operate contract, Mountain View will soon move on site thanks to an interim agreement with a long-term agreement expected to be signed in mid-September.
Mountain View Partners consists of project and finance lead7167 Meridiam Infrastructure North America Fund II, as managed by Meridiam Infrastructure North America Corporation. Meridiam Infrastructure North America Corp. Design-Construction lead is Kiewit Management while operation and maintenance lead is Alberta Highway Services.
Mountain View won the PPP deal over Valley Link Partners (5177 VINCI, 976 Acciona, and 3281 Eurovia) and Southwest Connect (981 Hochtief, 917 ACS, Aecon, 2435 Carillion, and 2758 Flatiron).
5811 Alberta Transportation will provide partial funding, likely between 50-70% of the successful bidder's capital cost of the project. Mountain View Partners will provide private financing for the remaining expenses.
The Calgary Herald newspaper quoted the Alberta provincial infrastructure and transportation minister Brian Mason saying that the project is on schedule. He said “everything is going as planned … It’s important that we keep on top of this and it’s important that we keep it moving forward and so far we’re doing just that.”
The public-private-partnership project for the southwest section involves construction of a 31km stretch of highway varying between six and eight lanes, 14 interchanges, a road flyover, a railway crossing and three river crossings over Elbow River and Fish Creek.
The ring road is one of the few remaining PPP projects in Alberta that will continue after Mason said in April that the left of centre provincial government is putting a hold on such deals in the future. Mason, however, wouldn’t entirely rule out using the procurement method, only that he said would stick to the traditional funding methods for a new five-year US$26.2 billion capital construction programme.
Consortium Mountain View Partners was recently chosen as contractor for the public-private partnership deal. Under the design, build, finance, operate contract, Mountain View will soon move on site thanks to an interim agreement with a long-term agreement expected to be signed in mid-September.
Mountain View Partners consists of project and finance lead
Mountain View won the PPP deal over Valley Link Partners (
