Financial advisor sought for Regina bypass
SaskBuilds Corporation, in collaboration with the Saskatchewan Ministry of Highways and Infrastructure, is considering a public private partnership (P3) delivery model for the Regina Bypass Project.
SaskBuilds seeks a financial and procurement advisor to provide financial services and to undertake procurement preparation (Phase One) for the project. The deadline for submission of proposals is 18 December 2013.
The project will consider the delivery of a highway corridor and several interchanges through the Regina Region.
The projected cost of the bypass is about CAD$300 million (US$282 million).
Construction is currently underway on a new four-lane section of the West Regina Bypass from Highway 1 to Dewdney Avenue. Work includes building a new overpass at Highway 1 and a bridge over the CP tracks. The overpass is expected to be open to traffic in late fall 2013 and completion of the new road is anticipated in late fall, 2014.
A public open house for the South Regina Bypass Planning Study was held August 20. The study included planning for the new highway that will connect Highway 33 to Highway 1 west; a possible interchange layout at Highway 6; possible twinning consideration for Highway 6 south to the bypass; and service roads/access needs along the new bypass route.
Tender for Financial advisors:
