Project Details

✔ Project has been published!

Results Chart for Delivery Method and Financing

Delivery Method

DBOM Partially Public Finance
# of Projects: 1
100% of the Results

Background informationProject Created: April 9, 2009

Project Name: Kicking Horse Canyon (B.C.) Phase 2
Year in Operation: 2008
Sector: Transportation
Subsector: Bridge, Roads
Status: In Operation
Type: New Facility
Description: Design and constructino of a replacement Park Bridge and approaches, and operation, maintenance, and rehabilitation of the entire 26 kilometer section of the Trans-Canada Highway between Golden and Yoho National Park.
Delivery Method as described in the country where it's located: Design Build Finance Operate Maintain
Is the project still active: Yes
Comments: 25 year, performance based, Design Build Finance Operate Contract, completed 22 months ahead of schedule, with $18 million dollars in estimated savings and 22 months in faster initial delivery over design-bid-build approach.

Project Locations

Address:
City: Golden
State: British Columbia
Country: Canada

Address:
City: Golden
State: British Columbia
Country: Canada

Souces of Project Support (Non-monetary)

Checkbox Checked Land
Checkbox Checked Access to Land
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): Payments in support of both initial delivery and long term O&M are committed to come from the Province.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers

Arrow Right
Checkbox Checked

Direct Cash Support

Arrow Right
Checkbox Checked

From Public Sponsor of Project - Direct Expenditure of Appropriated Public Funds: Government of Canada committed to contributing 50 per cent of the capital cost for Phase 2 up to a maximum of $CDN 62.5 million.

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: Senior debt in the form of a bond financing was provided by the DBFO contractor, Trans-Park Highway General Partnership.

Checkbox Checked

From Producers as Equity: Equity Contribution provided by Bilfinger Berger.

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 independant checking engineer? Yes
Project Finance Method: All or Partially By Public Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
25
0
Forms
Description
Other
DBFO Agreement prepared by government and included with RFP.  

Project Value (If and As Known)

Date of Estimated Project Value: October 28, 2005
Project Value
Hard Cost
Hard & Soft Costs
Pre-Feasibility (Public Sponsor Expense)
$2.5-10 Million US
(none)
Total
< $200 Million US
(none)

Warning!!!

You are about to delete: .

Confirm Deletion Cancel