Graham and Mountain View Partners Proceed with Southwest Calgary Ring Road
The Province of Alberta (the Province) signed a 35-year contract with Mountain View Partners – a consortium which includes design-build contractors, Graham, Kiewit Management, and Ledcor Group of Companies; lead design team, Parsons; and equity investors, Graham Capital, Meridiam Infrastructure North America Corporation and Kiewit Canada Development Corporation – to design, build, operate, and partially finance the Southwest Calgary Ring Road. The Design-Build-Finance-Operate (DBFO) contract is worth CDN$1.42 billion. The Province will fund 60 per cent of the capital construction cost which will be paid during the construction phase. Additionally, the Government of Canada has committed up to 25 per cent of eligible cost including design, construction, engineering, project management and utility relocations.
The project consists of approximately 31 kilometres of a new six and eight-lane divided freeway, plus additional basic and auxiliary lanes, and includes 14 interchanges, river crossing structures at the Elbow River, a creek crossing structure at Fish Creek, a culvert at Cullen Creek, three watercourse realignments and additional pre-grading for future interchanges. This project will advance the completion of the Calgary Ring Road.
Tim Heavenor, President, Graham Capital, and CFO, Graham, commented: “Graham has been building transportation infrastructure in Calgary and the Province for decades. We are so pleased to be working with all our partners on this great project and on behalf of the hundreds of people who will be working on this project, we are grateful for the opportunity to be working in Calgary.”
Mountain View Partners will start construction in fall 2016 and the road is expected to open to traffic in 2021.Mountain View Partners was formed by Graham Capital, Meridiam Infrastructure North America Corporation, Kiewit Canada Development Corporation and Connor, Clark & Lunn Infrastructure, through their affiliate Connor, Clark & Lunn GVest Traditional Infrastructure LP and Ledcor Developments. The design and construction of the project will be subcontracted to KGL Constructors, a construction partnership consisting of Graham, Kiewit Management and Ledcor Group of Companies. The operations and maintenance will be subcontracted to Alberta Highways Services Ltd.
Using the DBFO model for highways, the Southwest Calgary Rind Road will be finished earlier than through conventional delivery. Visit www.transportation.alberta.ca for more information on the Southwest Calgary Ring Road.
Celebrating 90 years of excellence, Graham is an employee-owned construction solutions partner with revenues exceeding $2.1 billion annually. Graham provides general contracting, design-build, construction management and public-private partnership (P3) services to the buildings, industrial and infrastructure sectors. Headquartered in Calgary, Alberta, Graham has offices throughout North America and employs over 1,300 professionals and office staff. As one of Canada’s largest construction companies, Graham has the resources, capacity and expertise to undertake projects of every scope, scale and complexity. Graham is recognized as a 50 Best Employer by Aon Hewitt, one of Canada’s Top 100 Employers, and a Platinum Member of Canada’s 50 Best Managed Companies.