Infrastructure Ontario (IO) and the Ministry of Transportation (MTO) have announced the three shortlisted teams that are invited to respond to a request for proposals (RFP) to design, build and finance the QEW/ Credit River Improvement project.
Shortlisted teams include:
Keystone Transportation Partners
Applicant lead – Peter Kiewit Sons ULC and Dufferin Construction Company
Construction team – Peter Kiewit Sons ULC and Dufferin Construction Company
Financial advisor – Peter Kiewit Sons ULC
Credit River Developers
Applicant lead – Ferrovial Agromán S.A
Construction team – Ferrovial Agromán S.A.
Financial advisor – Scotia Capital.
EDCO
Applicant lead – EllisDon Capital and Coco Paving
Construction team – EllisDon Capital and Coco Paving
Financial advisor – EllisDon Capital
Teams will now begin preparing proposals that detail how they will deliver the project. Once submissions are received, IO and MTO will evaluate the proposals, select a preferred team and then negotiate a final contract.
A successful team is expected to be announced in summer 2020.