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Completion Date
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Square Footage
389,499sqft
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Status
Operational
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Value
$186,000,000
About the Saskatchewan Joint Use Schools Project I
In August 2015, Concert Infrastructure led the team that secured the Saskatchewan Joint Use Schools Project I to design, build, finance and maintain six schools on three joint use sites in Regina, Saskatchewan. The schools comprise 389,499 square feet of new building space with capacity for more than 3,000 students from prekindergarten to grade 8.
The project is delivered under a public-private partnership model with the Government of Saskatchewan over a 30-year project concession term concluding in 2047 and has a contract value of $186.0 million.
Combined with the Saskatchewan Joint Use Schools Project II, this was the largest school construction project in Saskatchewan’s history.
In combination with the Saskatchewan Joint Use Schools Project II, Canadian Council for Public-Private Partnerships (CCPPP) Silver Award recipient in the Innovative Partnerships category of the 2017 National Awards for Innovation and Excellence in Public-Private Partnerships (P3s)
Concert Infrastructure’s Involvement
In August 2015, Concert Infrastructure secured the opportunity to lead the delivery of the Saskatchewan Joint Use Schools II project under a design, build, finance and maintain project agreement with the concession period concluding in 2047.
Concert Infrastructure holds 100% equity interest in Joint Use Mutual Partnership #1, the project company responsible for the delivery and management of the project.
About Concert Infrastructure
Concert Infrastructure was founded in 2010 to partner with governments and invest in, develop and manage critical public infrastructure that strengthens the economic and social fabric of Canadian communities, while providing stable financial returns for our Canadian union and management pension plan unitholders.
The company has directly invested in and manages 12 public-private partnership (P3) infrastructure projects across four provinces and one territory in Canada, along with two investments in global infrastructure portfolios, resulting in an aggregate portfolio capitalization of $3.8 billion.