Project Details

✔ Project has been published!

Results Chart for Delivery Method and Financing

Delivery Method

DBFOM All Private Finance
# of Projects: 1
100% of the Results

Background informationProject Created: May 20, 2011

Project Name: Britannia Mine Water Treatment Plant
Year in Operation: 2006
Sector: Water & Waste
Subsector: Water
Status: In Operation
Type: New Facility
Description: This project was designed, constructed, and is currently being operated to reduce the contamination impacts to the marine life in the Howe Sound created by the existing Britannia Mine. The mine operated from 1904 to 1963 and was considered one largest producer of copper in North America. However, when the pits were excavated, the exposure to the air and water resulted in the generation of acid rock drainage, which has been flowing into the Howe Sound offshore of Britannia Creek. The heavy metals in the water are toxic to the marina life offshore.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: The operations and maintenance term on the Design-Build-Finance-Operate-Maintain contract is for a period of 20 years.

Project Locations

Address: Britannia Creek Rd
City: Britannia Beach
State: British Columbia
Country: Canada

Souces of Project Support (Non-monetary)

Checkbox Checked Land: The land for the project was previously used to support the Britannia Mine. The metals from the mine contaminated the area. The contaminated portions of the land are owned by the Province
Checkbox Checked Access to Land: The contractor is given an exclusive license to access the project site during construction. It is given unlimited access to the site and access roads during operations and maintenance to haul contaminated water and sludge away from the site.
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): The Province will pay the Concessionaire monthly payments, after the project enters into operations. These payments are comprised of three elements. The first is a base payment to cover the predefined lifecycle capital costs which include a return on investment for the concessionaire as well as a return of capital, repair and replacement, labor costs, and overhead. The second is an adjustment to the base payment related to operating costs, which include the cost of chemicals, utilities, and sludge transportation and disposal. Finally, the third element is a performance payment linked to the water quality and other performance specifications.
Checkbox Checked Environmental Clearance: The project itself is an environmental mitigation effort. The original mine operating from 1904 until 1963 was one of the biggest copper producers in the British Empire, but is now one of the larges metal pollution sources in North America. If left untreated, the mine can contaminate water being deposited into Howe Sound with as much as 600 kg of metal daily. The project is an integral part of the Province’s environmental remediation of the abandoned mine site and treats the contaminated water in compliance with the regulations of the Environmental Management Act before depositing it into Howe Sound.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The public sector partners for the project are the Ministry of Agriculture and Lands and the Ministry of Environment.

Arrow Right
Checkbox Checked

Direct Cash Support: In 2001, the Province entered into an agreement with the former mine operators where the operators contributed $30 million toward the remediation of the site in exchange for a guarantee that they would not be held liable for future issues with the site. The Province will use this money to pay the Concessionaire monthly payments after operations commence.

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: The contractor funded the majority of the project through debt financed through its "parent company".

Checkbox Checked

From Producers as Equity: The contractor also funded a portion of the project through equity.

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independent checking engineer? Yes
Project Finance Method: All By Private Sponsor

Procurement Approach

Project Component
Based Selection
Request for
Request for
for Bids

Term for Key Components & Forms of Contract

Project Component
Combined Term: Initial Design, Construction, O&M Period
Partnerships British Columbia Agreement 

Project Value (If and As Known)

Date of Estimated Project Value: May 20, 2011
Project Value
Hard Cost
Hard & Soft Costs
< $10 Million US
< $100 Million US
Operations & Maintenance
< $200 Million US
< $200 Million US


You are about to delete: .

Confirm Deletion Cancel