Ranking for 2016: 6
Industry Sector: Transportation
Specific Sector: Highway
Range: $5 billion +
Project Value: $5,000,000,000
Federal: up to $582.9 million
Provincial: $4.4 billion
Government Funds Involved: Alberta Transportation: $5 billion
Funding Source: Public
Location: Calgary, Alberta
Estimated End Date of Substantial Completion: 2022
In May 2015, a historic land transfer between Alberta and the Tsuu T’ina Nation was finalized, providing certainty that the construction of the southwest segment of the Calgary Ring Road could go forward. This will extend from Lott Creek Boulevard on Glenmore Trail/Highway 8 south to Macleod Trail (Highway 2A) and is approximately 21 kilometres long. The project will also include approximately 10 kilometres of connector road upgrades.
The land transfer is proceeding, and the government is focusing on the delivery of the southwest section of the ring road, which is scheduled to be open to traffic in fall 2022.
The 2015 Alberta budget allocates $2.9 billion over the next five years toward the construction of Alberta’s ring roads, including funds needed to complete Edmonton’s Anthony Henday Drive as well as beginning work on this road. In September 2015, the Alberta government asked three groups to submit proposals using a DBFOM P3:
• Mountain View Partners: Meridiam Infrastructure, Kiewit, and Alberta Highway Services Ltd.
• Southwest Connect: HOCHTIEF PPP Solutions North America, ACS, Aecon, Carillion, Flatiron Constructors
• Valley Link Partners: VINCI Concessions/ Construction, Acciona, and Eurovia