The Infrastructure Ontario (IO) in Canada has presented changes in its Public-Private Partnership (PPP/P3) scheme to allow a more competitive market.
IO’s P3 Vendor Performance Program is a new element of major infrastructure project delivery aimed at further elevating the performance of partners involved in such projects. The intention of the program is to promote and affirm the high standards of performance expected of construction companies partnering with IO.
Construction contractors will be given a performance score, similar to a report card, whereby the contractor’s performance is assessed against specific contract requirements. The score will inform each construction contractor of any evaluation deductions that will be applied against it should the contractor participate in an upcoming prequalification submission as part of a request for qualifications process. The Vendor Performance Program is part of IO’s commitment to continuous improvement.
Infrastructure Ontario has announced plans to improve procurement processes for major projects. IO is improving upon its project delivery approach to increase competition and innovation on O...
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