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: November 7, 2018

Project Name: Reseau Express Metropolitan (Montreal Rapid Transit)
Year in Operation: 2024
Sector: Transportation
Subsector: Transit
Status: Design / Construction
Type: Substantial Alteration of Existing Facility
Description: Conversion of the existing Deux-Montagnes commuter rail line (plus new extensions) to create a 67 km (42 mile) rapid transit system in Montreal. the new system is independent of, but connected to, the publicly owned and operated Montreal Metro. Trains will be fully automated and driverless. The system will be owned by Caisse de depot et placement du Quebec (CDPQ) - a crown corporation - that manages pension funds for Quebec's public employees.
Delivery Method as described in the country where it's located: Design Build Operate Maintain
Is the project still active: Yes
Comments: DBOM contract method. The new system will be owned by the CDPQ, a crown corporation.

Project Locations

Address:
City: Montreal
State: Quebec
Country: Canada

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land
Checkbox Checked Revenue Stream (Cash Flow) Created Through Initial Commitment of Public Sponsor(s): CDPQ has right to own, develop, and operate the new system, including a substantial commitment of initial funds from the provincial and federal governments, matched by a substantial commitment of pension funds from CDPQ.
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): CDPQ has right to set and collect fares.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: Province of Quebec - $1.28 Billion CDN Government of Canada - - $1.28 Billion CDN

Arrow Right
Checkbox Checked

Direct Cash Support: EPC Contractor: a joint venture of SNC-Lavalin Grands Projects, Dragados, Aecon, Pomerleau, EPC, and AECOM. RSSOM Contractor: a joint venture of Alstom and SNC-Lavalin O&M.

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: CDPQ - $2.95 Billion CDN - Pension fund investment

Project Delivery & Finance Method

Project Delivery:
Design Build Operate Maintain (All Public Finance). Public Sponsor contracts for initial design, construction, and for long term operations and maintenance with a single entity. At the end of the term, Public Sponsor regains control of the facility.
Is there an independant checking engineer? No
Project Finance Method: All By Public Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals
Design Build Operate and Maintain
X
Project Component
Yes
No
Is Negotiation of the Price Permitted After Selection of the Winner?
X
Is Negotiation of the Scope of Services Permitted After Selection of the Winner?
X
Are the fees (tolls) to be charged to users over the term an evaluation factor user in Selection of the Winner?
X

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
0
0
Forms
Description
Other
Two separate procurements were conducted. One was for Engineering Procurement and Construction (EPC), the Second was for Rolling Stock, Systems, and Operation and Maintenance Services (RSSOM). 80% of the cost of the project was for the EPC contract, 20% for the RSSOM contract. 

Project Value (If and As Known)

Date of Estimated Project Value: May 1, 2018
Project Value
Hard Cost
Hard & Soft Costs
Pre-Feasibility (Public Sponsor Expense)
(none)
> $50 Million US
Construction
$1-5 Billion US
$1-5 Billion US
Operations & Maintenance
$500 Million - 2 Billion US
$500 Million - 2 Billion US
Total
$2-10 Billion US
$2-10 Billion US

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