August 23, 2010
Fraser Transportation Group awarded South Fraser Perimeter Road contract
The B.C. government has signed a major public private partnership (P3) agreement to build a road south of the Fraser River in Delta and Surrey.
The South Fraser Perimeter Road is intended to improve the movement of people and goods through the region and provide better access to major trade gateways.
Under the contract, Fraser Transportation Group will be undertaking construction work costing $658 million.
The contract finalizes a performance-based, fixed-price contract with Fraser Transportation Group.
The group includes ACS Infrastructure Canada Inc. and Ledcor Industrial/Mining Group Ltd. as equity partners, and Dragados Canada Inc., Ledcor CMI Ltd., Belpacific Excavating and Shoring Limited Partnership and Vancouver Pile Driving Ltd. as members of the design-build team.
The contract includes $200 million in private-sector financing and gives the Fraser Transportation Group responsibility for the construction, cost, schedule, design, long-term maintenance and operational risks related to the project.
The environmental and agricultural mitigation and enhancement budget has been increased to $88 million, which is the largest mitigation plan for a highway construction project of this size in B.C.
This commitment includes improved and expanded agricultural irrigation systems, remediation of landfills and contaminated sites, improvements to the water management system for Burns Bog and fisheries habitat enhancements. The new 40-kilometre, four-lane road along the south side of the Fraser River will provide a new route to remove heavy truck traffic from local roads.
It will extend from Deltaport Way in southwest Delta to 176th Street (Highway 15) in Surrey with connections to Highways 1, 91, 99 and TransLink’s new Golden Ears Bridge.
The Government of Canada, through its Asia-Pacific Gateway and Corridor Initiative, is contributing $363 million towards this project, in addition to a $2 million contribution towards the Environmental Assessment process.
Construction of the perimeter road has been ongoing since 2008.
The latest phase of construction is scheduled to begin this year with completion in 2013.
|MOST POPULAR STORIES|
|TODAY’S TOP CONSTRUCTION PROJECTS|
These projects have been selected from 371 projects with a total value of $1,936,826,394 that Reed Construction Data Building Reports reported on Thursday.
$122,700,000 High Prairie AB Tenders
$66,000,000 Columbia-Shuswap RD BC Negotiated
$34,400,000 Airdrie AB Prebid
- Photo Gallery: 2014 ACEC BC Awards of Excellence winners
- Journal of Commerce Preview for the week of April 21st, 2014
- Making Metro
- Crumbling roads a key election issue
- Early stages of concrete pump operator certification being developed in B.C.
- Legal battle over temporary foreign workers heats up
- Dive tower pushes formwork forward
- Understanding municipal strategy
- Calgary firm fined $35,000 for workplace injury
- B.C. labour minister calls for WorkSafeBC reforms
- B.C. prison proceeding
- Debate swirls over OCOT’s merit on its anniversary
- WaterGarden Worker
- Ontario to invest in cycling infrastructure
- U.S. construction labour concerns
- Compulsory certification in carpentry a “job killer”, says Kenney
- CaGBC to provide free LEED registration and certification for commercial projects in disaster-hit cities
- Economic cost of weather catastrophes is under appreciated: report
- Scotiabank sees slow growth in housing