Concert Infrastructure and partners Bird Construction, Wright Construction, Ainsworth and the Alberta government top North American P3 project entries
Vancouver, BC (October 18, 2022) - Concert Infrastructure is proud to announce that the Alberta P3 Schools Bundle (P3SB2) Project won the 2022 “Best Education and Higher Education Project” at this year’s P3 Awards hosted by P3 Bulletin in New York City on October 11, 2022.
The award recognizes the efforts of a robust team tasked with delivering and operating these important schools. The Project is led by Concert Infrastructure with primary partners Bird Construction, Wright Construction, Ainsworth and the Government of Alberta (“GOA”).
The project requires the partners to design, build, finance and maintain five new high schools (including the largest in Alberta’s history) in four different municipalities (Leduc, Blackfalds, Langdon and Edmonton) for five different school jurisdictions. Construction is well underway on all five sites and is being delivered through the hard work and dedication of a large team of Alberta based partners that include local contractors, designers and engineers.
Once construction is complete in 2024, the schools will accommodate nearly 7,000 students. The Alberta government estimates the P3 model has saved taxpayers $114.5 million, with collaboration between the partners and school jurisdictions key to the project’s success.
The recognition of P3 Award’s acknowledges the collaborative efforts of the entire team as well as the GOA’s proven use of bundling projects through the Public Private Partnerships (“PPP”) model, particularly through schools. The GOA remains the leader in this approach, continuing to refine the model as well as advocate for its merits. The P3 Awards judges considered this scheme to be “a ‘blueprint’ for other school projects to follow…and welcomed the ability of the team to get such a complex project through procurement despite headwinds such as the Covid-19 pandemic.”
The judges are located across North America and are experts in their respective fields in both government and private industry. “The event showcases projects, companies and individuals who are going the extra mile to create innovations and concepts that will act as reference points for the future of infrastructure development and delivery,” said Paul Jarvis, Editor, P3 Bulletin, host of the award ceremony.
“On behalf of our partners, I am very proud to accept this award which not only validates the P3 model in delivering critically needed schools, but also speaks to the level of innovation and value for money that such a partnership brings to Alberta, as it has on previous projects here and across Canada. I am gratified to see this approach seen as a template to meet the demands of growing communities. Concert Infrastructure looks forward to continuing its vision of strengthening the economic and social fabric of Canadian communities,” said Derron Bain, Managing Director of Concert Infrastructure.
This announcement builds on previous successful school construction projects in Alberta and Saskatchewan by Concert Infrastructure and its partners. See here for more details about the Alberta P3SB2 Project, and here for more about the 2022 P3 Awards.
***
About Concert Infrastructure
Concert Infrastructure, an independent long-term investor, developer and manager, was established to partner with governments to deliver critical public infrastructure assets that support essential public services that strengthen the economic and social fabric of Canadian communities and the well-being of Canadians.
Concert Infrastructure is affiliated with Concert Properties, a diversified Canadian real estate corporation wholly owned by union and management pension plans representing over 200,000 Canadians. Today, the Concert portfolio includes rentals, condominiums, seniors' active aging communities, industrial and commercial properties, and public infrastructure projects across Canada. Concert believes strong, sustainable communities are fundamental to the social well-being of all Canadians. Putting people first is at the heart of the Concert story.
See www.ConcertInfrastructure.com for more information.
Media Contacts
Derron Bain, Managing Director
DBain@ConcertInfrastructure.com | 647.789.2066
www.ConcertInfrastructure.com
On behalf of Concert Infrastructure
Erica Richardson, tartanbond
erica.richardson@tartanbond.com | 403.975.0187