CANADA offer approximately 100 kilometers of roadway . Due to the harsh winter conditions , the project is temporarily on hold but Lamb expresses that the road is proving to handle the weather well .
He states , “ We ’ ve gone through a full winter season last year and the start of winter season this year . Winter driving conditions are always challenging but I think this road is behaving well and it ’ s being well maintained . The public is being served appropriately by a high quality road that is operating well in both winter and summer conditions .”
P3 Benefits The SEST has experienced multiple benefits from being a P3 project . The contract was signed in March 2010 and only two and a half years later by November 2013 , the road was open to public traffic . According to Lamb , this is an impressively quick construction turn-around time for the size and scale of the project .
Additionally , Chinook Roads Partnership ’ s bid of $ 769M was well below the estimated $ 1.8 billion predicted for the project . And because there is only one contractor working on the project , all risks such as weather delays or inflation are assumed by the contractor .
In regards to the project ’ s funding , Lamb explains , “ On this particular project the province has contributed over $ 200M during the construction phase , the federal government also contributed $ 100M during the construction phase and the contractor is paid the remaining costs
SE Stoney Chaparral Blvd Interchange - Photo credit to Keith Walker – Peak Experience Imagery
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