Valley Line West LRT

Rank 2021

26

Industry Sector: Transit

Range $2.63 billion

Specific Sector: LRT

Project Value: $2,624,400,000

Government Funds Involved: P3

Funding Source: P3

Location Alberta

Estimated End Date of Substantial Completion: 2026

The Valley Line West LRT project is the next phase of Edmonton’s light rail expansion. This project represents a 14-kilometre extension of the existing system from downtown to Lewis Farms.

After announcing the three pre-qualified bidders for the project on May 31, 2019, two of the three proponents subsequently withdrew from the process. The City has since conducted a market sounding initiative to understand the reasons for the withdrawal. This is not expected to impact the overall schedule for the project. In October 2020, Marigold Infrastructure Partners was named as the preferred proponent for the project.

Construction is scheduled to begin in 2021.

Project Owner: City of Edmonton

P3 Team Members/Project Team: DB(F) Team: Marigold Infrastructure Partners—Colas, Parsons, Standard General, Francl Architecture, Fast & Epp, Stantec

Engineer: Hatch; Morrison Hershfield (design); AECOM (owner)

Other Key Players: EY (financial advisor); Deloitte (financial advisor); Aon (risk advisor); Golder (geotechnical studies); Hanscomb

2020 Rank: 24

2019 Rank: 24

NR