Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

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

Background informationProject Created: April 10, 2009

Project Name: Calgary NE Stoney Trail Ring Road
Year in Operation:
Sector: Transportation
Subsector: Roads
Status: Design / Construction
Type: New Facility
Description: 30 year DBFO contract to furnish the Northeast Stoney Trail portion of Calgary Ring Road, from junction with Deerfoot Tr to 17th Ave. 32 month construction schedule followed by 30 years O&M.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: Called a "uniquely" Alberta form of PPP, this is a DBOM contract in which government makes 30 equal payments once the facility is open. These payments cover design, construction, O&M, and cost of financing these activities.

Project Locations

City: Calgary
State: Alberta
Country: Canada

Souces of Project Support (Non-monetary)

Checkbox Checked Land
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): 30 year commitment by Alberta government to make equal annual payments to Northeast Stoney Trail Group, established through a competitive process. These payments are sufficient to obtain design, construction, O&M and return of the facility in specified condition over the initial construction period and the 30 year O&M period.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers

Arrow Right
Checkbox Checked

Direct Cash Support: $CDN 300 million dollar in construction progress payments payable to the contractor by the Province during the construction period for a portion of the initial capital cost of the project. Constant Fixed payments for the remaining capital costs of the new Project not covered by construction progress payments. Indexed payments for the costs associated with the operation, maintenance, and rebahilitation of the new Project. Indexed payments for the costs associated with the O&M of the Existing Infrastrutcure.

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: Successful contractor is responsible to provide $CDN 20 million Letter of Credit at submission of proposal, and to provide financing for the design, construction, O&M, and rehabilitation of the facility during initial construction and during the 30 year O&M period. Financing is supported by Province's commitments to provide the $300 million (CDN) in progress payments during construction and to provide the payments (constant and indexed) specified in the final DBOM agreement.

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 By Public 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
Government prescribed format, included in the RFP prior to submission of final offers. 

Project Value (If and As Known)

Date of Estimated Project Value: February 1, 2007
Project Value
Hard Cost
Hard & Soft Costs
$250 Million - 1 Billion US
Operations & Maintenance
$500 Million - 2 Billion US
$500 Million - 2 Billion US


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