Three teams shortlisted for P3 Finch West LRT bid process
Finch West LRT
Three teams have been shortlisted to bid on Toronto’s Finch West Light Rail Transit (LRT) project, according to a release from Infrastructure Ontario.
The teams were selected based on criteria identified in the Request for Qualifications process that began in September, 2015. Selection criteria included construction capability, experience, and financial capacity to deliver a project of this size and complexity.
The three consortiums included:
Humber Valley Transit Partners
- Developers: SNC-Lavalin, Graham
- Contractors: SNC-Lavalin, Graham
- Service Provider: SNCLavalin, ACI
- Financial Advisor: National Bank, Scotia Capital
Mosaic Transit Group
- Developers: ACS, Aecon, CRH
- Contractors: ACS, Aecon, CRH
- Service Provider: ACS, Aecon, CRH
- Financial Advisor: RBC Capital Markets
- Developers: EllisDon, Bechtel
- Contractors: EllisDon, Bechtel
- Service Provider: EllisDon, Bechtel, Herzog Transit
- Financial Advisor: EllisDon Capital
Highlights of the LRT project include:
- 11 kilometres of new, dedicated light rail transit between Humber College and the new Finch West Subway Station on the Toronto-York Spadina Subway Extension
- 16 surface stops, a below-grade terminus stop at Humber College, and an underground interchange station (Keele Street and Finch Avenue West) at the TTC’s Finch West Subway Station
- A maintenance and storage facility for the light rail vehicles
- Other required components, such as trackworks, signaling, communications, and public realm infrastructure
Teams will spend most of 2016 preparing proposals that will detail how they will design, build and finance the project, as well as how they will maintain the LRT system for a 30-year period.
As part of their proposals, teams must also demonstrate how they will support plans to increase apprenticeships and opportunities for local companies, as well as ensuring compliance with Metrolinx’s design excellence and community benefit principles.
The project is being delivered using Infrastructure Ontario’s Alternative Financing and Procurement (AFP) model, which transfers appropriate risks associated with design, construction, financing and maintenance of the project to the private sector. Early works will begin in 2016, with the start of major construction expected in 2017
Once complete, in 2021, the new LRT line will help transform Finch Avenue West into a vibrant community accessible to motorists, transit riders, cyclists and pedestrians alike. The LRT service will also move more people faster through the busy Finch West corridor than the existing bus service and support economic growth and job creation in the region.