Ontario Provincial Police Modernization Project

In September 2010, Concert secured its second public-private partnership project to design, build, finance and maintain a total of eighteen provincial police facilities across Ontario. The facilities include seven police detachments, eight forensic identification units and three regional headquarters. The project will be delivered using an Alternative Financing and Procurement model with annual payments from the Ontario Ministry of Community Safety and Correctional Services over a 30-year term. The payments cover the design, construction, project financing and building maintenance for 30 years after the construction is finalized in 2012. The project has a contract value of $292.7 million and an investment value of $181 million. Concert holds a fifty percent share in the project company and is pleased to be partnered with Hochtief PPP Solutions North America Inc. on this project.