Southeast Stoney Trail
Public Private Partnership Agreement
A business case compared conventional delivery to a Private, Public Partnership (P3) and concluded that this project was a strong candidate for the P3 process. The Chinook Roads Partnership’s bid of $769 million was well below the traditional delivery estimate of $1.8 billion. The road was built two years sooner than through conventional delivery. Government also was guaranteed a fixed price, which meant risks such as inflation and weather-related delays are borne by the contractor. Finally, the work comes with a 30-year warranty, while most projects delivered conventionally only have one or two-year warranties.
Southeast Stoney Trail opens - November 22, 2013
Stoney Trail in Calgary drives forward - April 9, 2010
Southeast Calgary ring road drives out of the starting blocks - March 2, 2009
Documentation for this agreement can be found here.
Map showing access to the community of Cranston.
Map showing access to the South Calgary Hospital.