Governments of Canada and New Brunswick announce contribution to water P3 project
The Canadian federal government and the government of New Brunswick have announced they are making a combined investment of CAD$114.6 million to the City of Saint John Safe Clean Drinking Water project.The federal government is providing a CAD$57.3 million non-repayable P3 Canada Fund contribution to the project while the Province of New Brunswick is providing a CAD$57.3 million contribution through the Regional Development Corporation.
The P3 Canada Fund is managed by PPP Canada, a Crown corporation responsible for advancing Canadian P3s through the provision of expert advice and support to all levels of government.
Under the proposed public-private partnership (P3) arrangement, the private partner will be responsible for the design, construction, financing, operation and maintenance of the project.
The city of Saint John plans to construct a new 100 million litre per day drinking water treatment plant, three new 11 million litre storage reservoirs and 15 other water transmission system improvements.
Country news
-
-
November 28, 2013
Three teams shortlisted for Swift Current health P3 in Saskatchewan
Three qualified teams have been shortlisted to participate in the next stage of the competitive selection process to build the new 225 bed long-term care facility in Swift Current, Read more -
November 28, 2013
Financial advisor sought for Saskatchewan school P3 project
SaskBuilds Corporation, in collaboration with the Saskatchewan Ministry of Education and applicable School Divisions, is inviting Financial and Procurement Advisory Services for the Saskatchewan Joint-Use Schools Project. Read more -
November 29, 2013
Southeast Stoney Trial P3 starts operations
The Government of Alberta has announced that the Southeast Stoney Trial P3 project has started operations. The project is part of Calgary's ring road. Read more -
November 29, 2013
RFP issued for Hawkesbury & District General Hospital expansion P3
Infrastructure Ontario and Hawkesbury and District General Hospital have launched a request for proposals for the hospital's expansion and redevelopment project. Read more -
December 04, 2013
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. Read more
