Ledcor is proud to have one of its major projects recognized at the 17th Annual Canadian Council for Public-Private Partnerships (CCPPP) conference. The South Fraser Perimeter Road (SFPR) will receive the Silver Award for Infrastructure, one of the prestigious 2014 National Awards for Innovation and Excellence in Public-Private Partnerships (P3s).
A new addition to Metro Vancouver's Highway 17, the SFPR is a 34 kilometer (21 mile) four-lane expressway along the south side of the Fraser River. As part of the Pacific Gateway Program, the new route has improved the movement of people and goods in Metro Vancouver by removing heavy truck traffic from local roads and improving access to major trade gateways and industrial areas thanks to its connections to Highway 99, Highway 91, the Trans-Canada Highway, the Pattullo Bridge, and the Golden Ears Bridge.
Ledcor was one of the major contractors chosen in 2010 by the British Columbia Ministry of Transportation & Infrastructure to form the Fraser Transportation Group (FTG), the winning consortium for the SFPR project. FTG completed the project in late 2013, and will continue to operate and maintain the road network through a 20-year commitment with ACS Infrastructure Canada. The $1.3 billion project is one of the largest civil construction projects Ledcor has been proud to work on. Financed by the Province of British Columbia and the Government of Canada, the road is expected to achieve $34 million in savings for taxpayers.
“The Council's awards program has become increasingly competitive, which really speaks volumes about the calibre of the projects selected," stated Mark Romoff, President and CEO of CCPPP. Ledcor is honored to have the SFPR recognized as one of the most innovative P3 project among 219 others across the country.
The awards will be presented on November 3rd, 2014 at the CCPPP annual conference