1 / 18

[insert date]

Hurontario Light Rail Transit Project. [insert date]. Alternative Financing and Procurement (AFP). Innovative model of financing and procuring large public infrastructure projects

rflemming
Download Presentation

[insert date]

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Hurontario Light Rail Transit Project [insert date]

  2. Alternative Financing and Procurement (AFP) • Innovative model of financing and procuring large public infrastructure projects • Best use of private-sector resources and expertise and transfers project risks to the private sector, which is accountable for providing on-time, on-budget project delivery

  3. Alternative Financing and Procurement (AFP) • Public sector establishes the scope and performance requirements for the project and retains ownership of LRT • Private sector will be responsible for the design, construction, financing, maintenance and operations

  4. Alternative Financing and Procurement (AFP) • Projects delivered by Infrastructure Ontario are guided by five key principles: • Transparency • Accountability • Value for money • Public ownership and control • Public interest

  5. Alternative Financing and Procurement (AFP) • Design and construction can happen at the same time, resulting in: • project schedule time savings • better coordination • more efficient construction • Strong incentive for good design and construction practices, since the private sector is also responsible for financing, operations and maintenance

  6. Alternative Financing and Procurement (AFP)

  7. RFQ RFP Construction Contract award Completion

  8. Contact Website: www.metrolinx.com/HurontarioLRT Email: HurontarioLRT@metrolinx.com Email: tim.lai@mississauga.ca Twitter: @HurontarioLRT

  9. Hurontario Light Rail Transit Project

More Related