TORONTO - The request for proposals stage has closed for teams to submit their bids to design, build, finance and maintain the Highway 427 Expansion project.
Following a fair, open and transparent request for qualifications process, three teams - 427 North Link, Blackbird Infrastructure Group and Link 427 - were shortlisted and invited to respond to a request for proposals. All three teams have submitted their proposals by today's deadline.
Over the next several months, Infrastructure Ontario and the Ministry of Transportation will evaluate the proposals. A successful proponent is expected to be announced in early 2017.
The Highway 427 Expansion project includes a new 6.6-kilometre extension from Highway 7 to Major Mackenzie Drive and a 4-kilometre road widening from Finch Avenue to Highway 7. Design and construction is expected to begin in 2017.
The project is being delivered under IO's Alternative Financing and Procurement model, which transfers risks associated with design, construction, financing and maintenance of the project to the private sector.
Ontario is making the largest investment in public infrastructure in the province's history -- about $160 billion over 12 years, which is supporting 110,000 jobs every year across the province, with projects such as hospitals, schools, roads, bridges and transit. Since 2015, the province has announced support for more than 475 projects that will keep people and goods moving, connect communities and improve quality of life. To learn more about infrastructure projects in your community, go to Ontario.ca/BuildON.
Quotes:
“We are excited to reach this important milestone in extending Highway 427. The project will create jobs and opportunities for residents and businesses living and working in the region. This is further proof of our government's commitment to making the daily commute and quality of life better for Ontario families.”
Steven Del Duca, Minister of Transportation
“The expansion of the 427 will help improve commute times for residents and support jobs and economic growth. I am eager to see construction begin on this important project. Bob Chiarelli, Minister of Infrastructure
Bob Chiarelli, Minister of Infrastructure
Learn More
Infrastructure Ontario
Ministry of Transportation
BuildON
Contact:
Lisa DiMenna
Infrastructure Ontario
416-326-9378
Bob Nichols
Ministry of Transportation
416-327-1158
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