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APRIL 2013
through their operational
team, will generate another
180 direct and indirect jobs,”
says Liebrandt-Johnson.
For the project, GTAP has
agreed to a fixed price of $966
million to design, build and
finance and maintain (DBFM)
the new facility for a term end-
ing 25 years after construc-
tion. The design and con-
struction consisted of $263
million, while project financ-
ing and building maintenance
took around $703 million. Ac-
cording the Liebrandt-John-
son, the project is on time,
within budget and on scope.
There are a number of addi-
tional benefits of complet-
ing this project through a P3.
Liebrandt-Johnson says it “le-
verages private sector capac-
ity and innovation, provides
incentives for the private part-
ner to find efficiencies in fa-
cility design, construction and
operation and allocates risk to
the partner best positioned to
manage it so that costs can be
minimized.” Additionally, a
per formance-based contract
ensures the facility is man-
aged and service standards
are met throughout the life of
the Agreement.
GTAP is comprised of a num-
ber of companies, which in-
cludes Bouygues Building
Canada, Bird Construction
and ETDE Facility Manage-
ment Canada and main spon-
sor Infrared Capital Partners.
Nick Joosten, CEO of GTAP,
says the partners work to-
gether and each company
brings their own expertise to
the project.
