The Province of Saskatchewan’s first Public-Private Partnership (P3) project has been completed in Swift Current. The project known as The Meadows is a 225 bed long-term care facility. In a release dated May 2, 2016, the Province confirmed the project was completed on time and on budget resulting in a total savings of $16 million dollars over a traditional procurement approach.
P3s are a unique approach to procuring public infrastructure. The use of the P3 model transfers risk including the expenses associated with cost overruns and delays to the private sector. These risks would otherwise be incurred by the government under a traditional procurement approach.
SaskBuilds is a Treasury Board Crown corporation responsible for leading the review of procurement options in Saskatchewan. Currently the Province is using P3 models in the construction of 18 elementary schools (6 schools on 3 sites in Regina and 12 schools on 6 sites in Saskatoon, Martensville and Warman), the Regina Bypass Project (the largest transportation infrastructure project in the Province’s history) and the Saskatchewan Hospital in North Battleford (284 bed facility).
McDougall Gauley LLP acted as Saskatchewan counsel to the Design-Build-Finance-Maintain consortium for The Meadows project.
The views expressed herein are solely the author's and should not be attributed to the MG LLP or its clients. Any postings on legal issues are provided as a public service, and do not constitute solicitation or provision of legal advice. The author makes no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained herein or linked to. Due to professional ethics, the author may not be able to comment on matters in which a client has an interest. Nothing herein should be used as a substitute for the advice of competent and informed counsel.
This web site/blog is presented for informational purposes only. These materials do not constitute legal advice and do not create a solicitor-client relationship between you and MG LLP. If you are seeking specific advice related to your situation, please contact MG LLP for a personal consultation.
Any unsolicited information sent to MG LLP through blogs or otherwise may not be protected by solicitor-client privilege.
MG LLP periodically provides materials on our services and developments in the law to interested persons. For permission to reprint articles or blogs, please contact firstname.lastname@example.org.