Gracorp-led team wins Saskatoon P3 transport project
This article is part of a daily series of MegaProjects articles. If you want to know more about PPP projects with a considerable size visit our MegaProjects section. You can receive them by email on a daily basis.Graham Commuter Partners has been selected as the preferred bidder to develop the North Commuter Parkway and Traffic Bridge Replacement PPP project in Saskatchewan, Canada.
The wining consortium is composed of ASL Paving, BBGI, Buckland & Taylor, Clifton, Gracorp Capital Partners LP, Graham Infrastructure, National Bank Financial, and Tetra Tech.
The team beat out competition from two other consortia: Bridge City Infrastructure Group made up of Aecon Concessions, Bank of Nova Scotia, CH2M Hill Canada, Flatiron Constructors Canada, Hatch Mott MacDonald, Hochtief PPP Solutions North America, P. Machibroda Engineering, and Volker Stevin Highways; and Bridge City Partners made up of Acciona Concessions Canada, AECOM, DIF Infra 3 Canada, Mainroad Holdings, Natixis, and Pacer Projects.
The project involves the replacement of the 107-year-old bridge in the City's downtown core, the development of a new six-lane bridge, North Commuter Parkway, which will link the Marquis Industrial area with the University Heights area and includes the development of 9.3 km of new roads.
The project will be developed on a design, build, finance, operation and maintenance (DBFOM) basis. The contract will have a period of 30 years.
The total project investment is estimated at CAD$252.6 million (US$190.6 million), CAD$211.4 million to the North Commuter Parkway and CAD$41.2 million to replace the Traffic Bridge. The federal government has provided CAD$66 million for the project, while the province is contributing CAD$50 million.
Saskatoon is a city in central Saskatchewan, Canada, on the South Saskatchewan River. As of December 2014, it is the largest city in the province with an estimated population of 257,300 and an estimated metropolitan area population of 300,634.
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