Three in for Waterloo LRT
The three consortiums are the Kitchener-Waterloo-Cambridge Transit Partners, TriCity Transit Systems and GrandLinq, which are made up of both local and international companies.
Following the decision, the teams now have until September to make their proposals for the design, build, finance, operation and maintenance project, which will run from Conestoga Mall in Waterloo to Fairview Park Mall in Kitchener.
The news comes after seven consortiums responded to the request for qualification, which was launched in October last year.
A preferred bidder for the deal is now expected to be announced in 2014.