The Broadway Subway in Vancouver is moving forward with an invitation to bidders to submit their qualifications to develop the project under PPP scheme.
As part of the competitive procurement process, a request for qualifications (RFQ) has been released on BC Bid to identify a contractor to design, build and finance the CAD2.8-billion (US$ 2.1-billion) Broadway Subway project.
The PPP project includes the design, construction, and partial financing of an approximately 5.7-kilometre extension of the Millennium Line from just west of VCC-Clark Station to a new terminus at Arbutus Street. Major underground works, such as tunneling and construction of underground stations, are required to
complete the Project.
The RFQ will close in April 2019. The ministry will then select up to three respondent teams to participate in the subsequent phase of the competitive selection process, which is the request for proposal stage.
British Columbia’s Ministry of Transportation and Infrastructure has selected three pre-qualified bidding teams to participate in the competitive selection process to design and construct the new toll-free Pattullo Bridge that will deliver a safer crossing and easier connections into Surrey and New Westminster.
Read moreThe City of Calgary, located in Alberta, south-west Canada, has confirmed that the majority of the Green Line light rail transit (LRT) project will be procured using a single Design-Build-Finance model. A Request for Qualifications (RFQ) for the CAD4.7 billion (US$3.54 billion) project will be issued in Q2 of 2019.
Read moreThe government of Nova Scotia, a province of eastern Canada, has announced that it has prequalified three bidding teams for the Highway 104 twinning P3 project.
Read moreEllisDon Capital Inc. is preparing to issue two amortizing senior secured bonds to finance the CAD417 million (US$319.5 million) Royal Inland Hospital Expansion Project. Totaling approximately CAD154.9 million (US$118.7 million), the bonds have been assigned a first-time A3 rating by Moody's Investors Service.
Read moreThe Government of Nova Scotia, a province in eastern Canada, has announced that the redevelopment of the QEII Health Sciences Centre, known as the QEII New Generation project, will be partly undertaken through a public-private partnership (P3). The total cost of the project is estimated to be CAD2 billion (US$1.54 billion).
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