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Completion Date
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Square Footage
911,172sqft
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Status
Operational
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Value
$401,300,000
About the Saskatchewan Joint Use Schools Project II
In August 2015, Concert Infrastructure led the team that secured the Saskatchewan Joint Use Schools Project II to design, build, finance and maintain 12 schools on six joint use sites in the communities of Saskatoon, Warman and Martensville, Saskatchewan. The schools comprise 911,172 square feet of new building space with capacity for more than 8,000 students from pre-kindergarten 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 $401.3 million.
Combined with the Saskatchewan Joint Use Schools Project I, this was the largest school construction project in Saskatchewan’s history.
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 a 100% equity interest in Joint Use Mutual Partnership #2, 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.