October 3, 2012

Consortium signs P3 deal

A consortium of companies has signed a public-private partnership (P3) agreement with the Alberta Government for the construction of the next round of new schools in eight communities across the province.

“Using a P3 approach means we can complete these schools up to two years earlier than through traditional methods and save millions of dollars,” said Infrastructure Minister Wayne Drysdale.

“Alberta students and communities will have the innovative, multi-purpose learning facilities they need now and into the future at less cost to the taxpayer.”

Following a competitive bidding process, the ABC Schools Partnership consortium signed a $288.78 million contract for the design, build, finance and maintenance of 12 new schools.

The consortium consists of: Hochtief PPP Solutions North America Inc. (project lead); Concert Infrastructure Ltd. (finance); Clark Builders; Stantec Architecture Ltd. and Stantec Consulting Ltd. (design and build); and Ainsworth Inc. (maintenance).

This bundle of schools is part of a $550 million investment, by the Alberta Government to support 22 new schools and 13 modernization projects in some of the provinces fastest-growing communities.

The P3 bundle was initially planned for 13 schools.

However, due to site issues that could not be resolved within the schedule of the P3 procurement process, the Airdrie K-12 Francophone school was removed from the bundle.

The Airdrie Francophone K-12 school is still on track to be completed by the 2014-15 school year and will be built on a new site using a more traditional delivery method.

JOC NEWS SERVICE

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