Since the company’s formation in 2010, Concert Infrastructure has quickly built a strong reputation within the Canadian infrastructure marketplace. This year has been particularly successful; here are just a few of the important milestones.
Concert recently acquired a 100% interest in the Alberta Schools Alternative Procurement Phase II project (ASAP II). This project involved the design, construction, financing and maintenance of 10 Alberta schools located throughout Edmonton, Calgary, Langdon and Okotoks. The schools have been in operation since 2012, and the 30-year concession period for the $253M project concludes in 2042.
In November, the Canadian Council for Public-Private Partnerships (CCPPP) recognized Concert’s Ontario Provincial Police Modernization (OPPM) Project with its Silver Award for Infrastructure. Presented annually, these awards showcase excellence and innovation in project financing, service delivery, infrastructure investment and/or generation of economic benefit.
This fall, the Forensic Services and Coroner's Complex public-private partnership project was completed. Located at the Downsview Complex in Toronto, the project entailed the design, build, finance and maintenance of a 663,000 square foot complex. Concert holds a fifty percent share in the project company that was awarded the $497M contract that spans a 30-year term.
Looking to the future, Concert is currently in the request for proposal (RFP) stage for two important infrastructure projects – the 225 bed long-term care facility in Swift Current as well as the North Island Hospital project which includes a 95-bed hospital in Campbell River and a 153-bed hospital in Comox Valley.
We look forward to building upon these successes moving into 2014!