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Part of Alternate capital financing

Public-private partnerships (P3s)

Public-private partnerships is the preferred procurement model for constructing and operating major capital infrastructure.

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Alternate capital financing

Overview

P3s offer centralized oversight of commercial, legal, and financial activities throughout construction and operation periods by:

  • encouraging innovation, collaboration, and appropriate risk sharing with the private sector
  • drawing on the expertise and strengths of both the public and private sectors
  • maximizing Value for Money by considering the life cycle of the project
  • enhancing the ability to deliver projects on time and on budget

The Public-Private Partnership Framework and Guideline, updated in December 2020, increases our options as to what P3 model can be considered for capital project delivery including variants such as design-build-finance and revenue based P3s, such as build-operate-transfer.

P3s in construction phase

In September 2021, we entered into an agreement with Concert-Bird Partners to design, build, finance and maintain (DBFM) 5 new schools. The schools are anticipated to open in 2024 and Concert-Bird Partners will maintain the schools until May 2054. We will monitor performance be throughout this period.

The respective school jurisdictions will own the schools, but we will monitor Concert-Bird Partners performance throughout this period.

P3s in operations phase

Forty new schools have been built since 2008 under P3 contracts. All these schools, owned and operated by various school jurisdictions across Alberta, are now in the operations phase and maintained by the P3 Contractor.

  • Phase 1 schools

    In September 2008, the Alberta government entered into an agreement with BBPP Alberta Schools Limited to design, build, finance and maintain (DBFM) 18 new schools. School construction was completed in June 2010.

    BBPP will maintain the schools until June 2040. BBPP’s performance is monitored by the Alberta government throughout this period.

  • Phase 2 schools

    In April 2010, the Alberta government entered into an agreement with B2L Partnership for the DBFM of 10 new Alberta schools. School construction was completed in June 2012.

    B2L Partnership will maintain the schools until June 2042. B2L’s performance is monitored by the Alberta government throughout this period.

  • Phase 3 schools

    In September 2012, the Alberta government entered into an agreement with ABC Schools Partnership for the DBFM of 12 new Alberta schools. School construction was completed in June 2014.

    ABC Schools Partnership will maintain the schools until June 2044. ABC’s performance is monitored by the Alberta government throughout this period.

  • Evan-Thomas Water and Wastewater Treatment Facility

    Under the P3 delivery model of Design, Build, Finance and Operate (DBFO), EPCOR designed, built and provided partial financing for the project.

    EPCOR is also responsible for operating the new water treatment plant, the new wastewater treatment plant, and the water storage and distribution systems until 2024 (10 years).

    Ownership of the facility remains with the Alberta government. This project was completed in 2014. EPCOR’s performance is monitored by the Alberta government throughout the 10-year period.

  • Other notable P3s

    The Calgary Ring Road is part of a larger east-west trade corridor that will enhance access to markets in and out of Alberta.

    Edmonton’s Ring Road (Anthony Henday Drive) provides 80 km of free-flow travel around the city.

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