Year-end close for Sask Civic Ops P3

Saskatoon's Civic Operations Centre P3 deal is to reach financial close before the end of the year, the City Manager of Saskatoon has confirmed to P3 Bulletin.

Speaking on the sidelines of the CCPPP conference in Toronto, City of Saskatoon Manager Murray Totland said the authority is now looking to reach financial close on the project by "mid to end December".

The city is working with winning bidder Integrated Team Solutions - comprising EllisDon and Fengate among others - to sign off on the deal. For more information on the contract, click here.

Meanwhile, Totland also confirmed the city is on track to issue a request for proposals (RFP) in December to the three shortlisted bidders on the North Commuter Parkway P3. 

"The RFP will then go back to council and it will be in that process until May 2015," he continued, when a preferred bidder will be chosen. Totland added that financial close is then expected "this time next year".

For more information on the North Commuter Parkway deal, click here.