The Government of Saskatchewan announced the Swift Current Long-Term Care Centre will be procured as a public-private partnership (P3).
Located beside the regional hospital in Swift Current, the new 225-bed long-term care facility will be developed under a design-build-finance-maintain model.
The facility will remain publicly owned and health region staff will provide services to residents. The procurement process for the private partner is expected to start in mid-August.
SaskBuilds, a Crown corporation that provides advice and recommendations for major infrastructure projects through innovative approaches and alternative financing models, will facilitate the procurement process for the Government of Saskatchewan and Cypress Health Region.
Two other projects in Saskatchewan are being considered for the P3 approach as well: the Regina Bypass and the North Battleford Hospital. In Canada there are 198 P3 projects in procurement, under construction or in operation, worth more than $60 billion.
