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Results Chart for Delivery Method and Financing
Background informationProject Created: July 14, 2009
Edmonton International Airport Expansion
Year in Operation:
Airport, Port, Transportation Terminal
Design / Construction
Substantial Alteration of Existing Facility
After a recent $280 million expansion, increased passenger volumes have necessitated another $1.5 billion expansion to accommodate 9 million passengers per year by 2012. The expansion will include new gates, a new control tower complex, a new baggage room, a new passenger concourse and additional parking.
Delivery Method as described in the country where it's located:
Design Bid Build
Is the project still active:
Souces of Project Support (Non-monetary)
Access to Land
: The land is owned by Transport Canada, a department within the government of Canada and is operated by the Edmonton Regional Airports Authority.
Souces of Project Support (Monetary)
From Public (Government) Sources to Producers
Direct Cash Support: Edmonton Airports has made an agreement with the Alberta Capital Finance Authority (ACFA) to finance their own $1 billion airport expansion project. This allows Edmonton Airports to draw funds as necessary rather than taking out one large loan. The project itself will be financed by increasing the Airport Improvement Fee, a fee that all passengers departing from Edmonton International Airport pay within their airline tickets.
Project Delivery & Finance Method
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Construction Manager At Risk Variants: Public Sponsor contracts with Construction Contractor after Design is Complete.
Term for Key Components & Forms of Contract
Initial Design and Construction
Project Value (If and As Known)
Date of Estimated Project Value: October 1, 2007
$500 Million - 2 Billion US
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