GrandLinq partnership recommended for Waterloo Region LRT project
March 5, 2014 by STAFF REPORT
The GrandLinq consortium has been recommended to the Region of Waterloo Council as the preferred proponent for the development of the Region of Waterloo Stage 1 Light Rail Transit (LRT) project in southwestern Ontario.
Regional Council is expected to make a decision on the preferred proponent team of the Plenary Group, Meridiam, Aecon, Kiewit and Keolis on March 19. Subject to approval and successful contract negotiations, the GrandLinq consortium will be responsible for the design, build, finance, operation and maintenance of the LRT system.
The construction portion of the project consists of a 19-kilometre dual track system from Conestoga Mall in Waterloo to Fairview Park Mall in Kitchener, as well as 16 LRT stations, and an operations, maintenance and storage facility.
Upon selection and following contractual and financial close, GrandLinq’s design-build team (a partnership between Aecon and Kiewit) will perform the construction portion of the project. Work is anticipated to start in the second quarter of 2014 and is scheduled for completion in 2017.
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