Alternatively financed projects in Alberta
Anthony Henday Drive Southeast and North Edmonton Ring Road
Building the Anthony Henday Drive Southeast as a P3 was a cost effective alternative to the traditional approach to building roads. In this case, using a P3 ensured a fixed price and completion date at a time when construction costs soared 25 per cent a year. The 21-kilometre northwest leg of Edmonton’s ring road is also proceeding as a P3, with construction beginning August 1, 2008 to be completed by fall 2011. Read the news release on this next phase or see Edmonton Ring Road page for more information.
Northeast Calgary Ring Road
The northeast Calgary ring road project is another example of how the use of an alternative approach and save taxpayer dollars. Read the news release or view additional details on the Calgary Ring Roads page.
P3 New Schools Project
On June 14, 2007, the Alberta government announced that 18 new schools would be built in Calgary and Edmonton (nine in each city) using a P3 approach. Also known as the Alberta Schools Alternative Procurement (ASAP) Project, updates on the various project phases can be found on the Education ministry's P3 New Schools Project page.
On January 30, 2008, the Alberta government announced a second phase of schools to be built using a P3 approach. Ten K-4 and K-9 elementary and middle schools will be built through a public-private partnership (P3) and four high schools will be delivered through a design-build approach. More information on the ASAP II project, including school site locations, is available at: www.education.alberta.ca/asapii.
