Quote:
Originally Posted by buzzg
...and then they all have to be replaced at the same time as well.
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They may be considering a P3. This stretches the capital cost over 30 years or so. The biggest advantage is risk transfer to the private sector. The Regina Bypass will be fully open in October. It is $2 billion. After 30 years they must turn over the project to the Government in “like new” condition
. As a result they have used cutting-edge pavement tech and better bridge structures than the Government may have used. I will let you know how it is when it opens.
P3's have received criticism in Saskatchewan from the NDP and unions, but I have no doubt that some of them would have had massive cost overruns if the Government did them. One P3 hospital has a bad roof, but that is the contractor's problem for 30 years. If it was not a P3, it may have been on the taxpayer dime.